Most affordable college football towns.
NEW YORK (CNNMoney.com) -- Muncie, Indiana, ranks as the most affordable big football town for housing in the United States, according to an annual survey released Tuesday by Coldwell Banker.
Home prices in Muncie, home to the Ball State University Cardinals, average $150,000 for a 2,200-square-foot single-family house with four bedrooms, two-and-a-half baths, family room and two-car garage.
The Coldwell Banker College Home Price Comparison Index looks at the hometowns of 119 Division 1-A college football programs to see how much the same type of house costs in each market of a middle-management type neighborhood.
"College towns remain a popular living destination - whether they are first time homeowners or alumni looking for great retirement spots," Jim Gillespie, Coldwell Banker's chief executive, said in a release.
"School spirit draws many alumni back to their alma mater and for others, continuing their education, pursuing jobs, enjoying cultural activities and following college sports make these communities ideal homes," he said.
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