Top 10 Markets for First-Time Home Buyers

A new report from Realtor.com find the best markets for first-time home buyers by taking into account popularity, prices, inventory, time on market and employment. (REUTERS)

1: Pittsburgh Median Listing Price: $135,000 Median Age of Inventory: 128 (Reuters)

2: Tampa-St. Petersburg-Clearwater, Fla Median Listing Price: $169,000 Median Age of Inventory: 88 (Reuters)

3: Philadelphia PA-NJ (NJ) Median Listing Price: $174,000 Median Age of Inventory: 141 (Reuters)

4. Fort Worth-Arlington, Texas Median Listing Price: $175,000 Median Age of Inventory: 67 (Reuters)

5. Orlando Median Listing Price: $191,000 Median Age of Inventory: 81 (Reuters)

6. Jacksonville, Fla Median Listing Price: $198,000 Median Age of Inventory: 95 (Reuters)

7. Philadelphia PA-NJ (PA) Median Listing Price: $219,000 Median Age of Inventory: 121 *The greater Philadelphia area has two separate MSAs in the real estate world, one that encompasses those towns within Pennsylvania and one that encompasses those in New Jersey. (Reuters)

8. Dallas Median Listing Price: $224,000 Median Age of Inventory: 57

9. Raleigh-Durham-Chapel Hill, N.C. Median Listing Price: $227,500 Median Age of Inventory: 98 (University of North Carolina)

10. Phoenix-Mesa Median Listing Price: $244,9000 Median Age of Inventory: 59