The Most Affordable U.S. Housing Markets: Coldwell Banker (PHOTOS)

Does a housing market with average prices below $70,000 sound too good to be true? In the midst of the housing crisis, a handful of regions have seen home prices tumble to some mind-bogglingly low levels, according to Coldwell Banker's latest annual Home Listing Report. Cities in recession-addled states like Michigan and Ohio both hold three spots in the top among the top 13 most affordable markets.

The report surveyed regional prices for four-bedroom, two-bathroom homes across the country. (For a list of the most expensive markets here.)

Which city ranked as the most affordable? See the list below -- or for more information check out Coldwell Banker's full report.

The Most Affordable U.S. Housing Markets