An index comparing similarly sized 2,200 square foot, four-bedroom, two-and-a-half bathroom homes in college markets revealed that in addition to the economic stability associated with higher education, homes in these areas also are affordable. The Coldwell Banker College Home Price Comparison Index (HPCI) revealed that home buyers can find a typical four-bedroom home for less than $250,000 in 62 percent of the 72 college markets surveyed.
According to the report, empty nesters and families are attracted to these markets because of the health care systems, culture, and overall quality of life offered in college towns.
