5 Valley cities ranked among top 20 in country for first-time homebuyers

Jul 10, 2021, 7:15 AM
(File Photo by Justin Sullivan/Getty Images)...
(File Photo by Justin Sullivan/Getty Images)
(File Photo by Justin Sullivan/Getty Images)

PHOENIX — The Valley is one of the best places in the country for first-time homebuyers, according to a personal finance website.

Five Valley cities cracked the top 20 list of the best cities in the country for somebody looking to purchase their first home, according to WalletHub.

Gilbert was No. 2 on the list, with Peoria (No. 7), Surprise (No. 10), Chandler (No. 12) and Scottsdale (No. 17) following behind.

The rankings took 300 U.S. cities that varied in size and compared each based on affordability, the real estate market and quality of life.

Gilbert’s real estate market was fifth-best in the country, with the Peoria real estate market coming in at No. 9.

All of the cities with the exception of Scottsdale were also within the top 40 for affordability, while being in the middle of the pack among all the cities for quality of life.

Other Arizona cities to make the list include Yuma (No. 60), Mesa (No. 62), Glendale (No. 72), Phoenix (No. 77), Tempe (No. 83) and Tucson (No. 100).

California was found to be one of the worst states in the country for first-time homebuyers, with nine of the ten lowest-ranked cities being located in The Golden State.

Gilbert was edged out for the top spot by Chesapeake, Virginia, which ranked among the top 30 in each of the categories including a No. 4 quality of life.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

(Facebook Photo/Phoenix Police Department)...

Man dies making left turn after driver runs red light in Phoenix

A man was killed in Phoenix on Friday after a driver ran a red light, striking the victim's car in an intersection, authorities said.
1 day ago
(Pexels Photo)...
Kevin Stone

Arizona Gov. Katie Hobbs creates panel to study teacher retention problem

Arizona Gov. Katie Hobbs issued an executive order Thursday aimed at figuring out ways to keep teachers in classrooms.
1 day ago
Protesters march Saturday, Jan. 28, 2023, in Memphis, Tenn., over the death of Tyre Nichols, who di...
Associated Press

6th officer fired after beating death of Tyre Nichols

A sixth Memphis officer was fired Friday after an internal police investigation showed he violated multiple department policies in the violent arrest of Tyre Nichols.
1 day ago
(Photo by John Moore/Getty Images)...
Associated Press

Denver Court throws out Wyoming doctor’s pill convictions

A federal appeals court on Friday threw out the convictions of a doctor accused of overprescribing powerful pain medication and ordered a new trial for him.
1 day ago
(Photo illustration by Tasos Katopodis/Getty Images)...
Associated Press

$700M Powerball prize latest in string of giant jackpots

There is another giant lottery jackpot up for grabs Saturday night, the latest in a string of big prizes enticing players to plunk down $2.
1 day ago
(Pixabay Photo)...

Missing Arizona girl rescued from basement of sex offender in Utah

A missing Arizona girl was rescued from the basement of a Utah sex offender earlier this week, authorities said Friday.
1 day ago

Sponsored Articles

(Photo via MLB's Arizona Fall League / Twitter)...
Arizona Fall League

Top prospects to watch at this year’s Arizona Fall League

One of the most exciting elements of the MLB offseason is the Arizona Fall League, which began its 30th season Monday.
Quantum Fiber

Stream 4K and more with powerful, high-speed fiber internet

Picking which streaming services to subscribe to are difficult choices, and there is no room for internet that cannot handle increased demands.
Quantum Fiber

How high-speed fiber internet can improve everyday life

Quantum Fiber supplies unlimited data with speeds up to 940 mbps, enough to share 4K videos with coworkers 20 times faster than a cable.
5 Valley cities ranked among top 20 in country for first-time homebuyers