Foundations of Finance

Think living in the same neighborhood as a college with a big time football team would be a bad thing? If you think the traffic, young kids, and crowds might turn you off of living in one of these towns, you might want to think again.

In 62% of the major college football towns a typical 2,200-square-foot, four-bedroom, two-and-a-half bath home in a good neighborhood costs less than $250,000, according to the latest Coldwell Banker College Home Price Comparison Index, released on Thursday. That is much more affordable than that same house would cost in a non-college football town.

Not only are these homes often more affordable but the prices have held up rather well during the market turndown.