Baton Rouge ranks 72nd for real estate affordability

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Baton Rouge was ranked 72nd in a listing of housing affordability among the nation’s largest college towns. According to the Coldwell Banker College Home Listing Report, the average four-bedroom, two-bath home in Baton Rouge had a list price of $239,941. That’s more than double the lowest-priced market, Muncie, Ind., the home of Ball State; in that town a four-bedroom, two-bath home had an average list price of $105,115, according to Coldwell Banker. Ruston, home of Louisiana Tech, was ranked 10th lowest in the nation, with an average price of $157,110. Stanford University, in tony Palo Alto, Calif., was the most expensive market: A four-bedroom home there lists for nearly $1.4 million, on average.

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