In a new report, Redfin paired its own Walk ScoreⓇ, Transit ScoreⓇ and Bike ScoreⓇ data with ParkScore ratings from
Sustainable cities tend to be more expensive to live in, with six of the top 10 having median home prices above
To further explore the relationship between housing affordability and environmental impact, Redfin's chief economist,
"In many cities, the only places that middle- and low-income people can afford to live is on the outskirts, where residents have to drive farther to get to work, school and the grocery store, emitting more carbon into the atmosphere," Fairweather said. "Cities need to build dense housing near jobs or mass-transit to allow residents to live a greener lifestyle, in order to significantly limit carbon emissions."
To quantify the housing affordability crisis's impact on the environment, Fairweather analyzed commute times in 54 major metro areas of homes for sale that would be affordable to a family earning the local median household income.
Twenty-two percent of homes that were listed for sale last year were both within a 30-minute drive to the local jobs center and affordable for a family making the local median income, down from 33 percent in 2013.
In the last five years, cities have become less dense and therefore less environmental friendly. Unless cities build more dense housing close to jobs or mass transit, the carbon impact from middle- and low-income workers having to commute long distances by car will continue to worsen.
To read Redfin's Sustainability Score report, complete with the full ranking and methodology as well as an interactive map, please visit: https://www.redfin.com/blog/sustainability-score-by-city/.
To read Dr. Fairweather's analysis of why dense housing is green housing and the complete ranking of metros by shortest average commute time from affordable homes for sale, please visit: https://www.redfin.com/blog/why-dense-housing-is-green/.
For Redfin's tips on eight easy changes you can make to your home to make it more environmentally friendly, please visit: https://www.redfin.com/blog/environmentally-friendly-home-features/.
Redfin (www.redfin.com) is a technology-powered real estate brokerage, combining its own full-service agents with modern technology to redefine real estate in the consumer's favor. Founded by software engineers, Redfin has the country's #1 brokerage website and offers a host of online tools to consumers, including the Redfin Estimate, the automated home-value estimate with the industry's lowest published error rate for listed homes. Homebuyers and sellers enjoy a full-service, technology-powered experience from Redfin real estate agents, while saving thousands in commissions. Redfin serves more than 85 major metro areas across the U.S. and
For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the
View original content to download multimedia:http://www.prnewswire.com/news-releases/redfin-minneapolis-chicago-and-philadelphia-are-the-most-affordable-sustainable-cities-300835721.html
Redfin Journalist Services: Erin Osgood, 206-588-6863, email@example.com