We know you are tired of wondering about how pricey homes are and how aggressive the real estate industry is—because truthfully, so are we. But if you must transfer, and you are prioritizing area for your money, it could be helpful to know how substantially property you will get in cities across the state.
Real estate listing web-site RealtyHop not too long ago analyzed the sq. footage you can purchase in important US towns if you invest $350,000, which was the national median home sale price tag in January 2022.
As you may expect, that dollars goes a long way in the South and Midwest (as cheap as $73.39 for every square foot in Detroit) and hardly receives you a studio in areas like New York and San Francisco (in which you’ll spend $1,003.18 for every sq. foot). In simple fact, of the 10 towns exactly where you get the least bang for your buck, 7 are in California.
Best 10 towns with the most space for $350K
- Detroit, MI: 4,769 sq. ft.
- Birmingham, AL: 4,631 sq. ft.
- Cleveland, OH: 3,907 sq. ft.
- Lubbock, TX: 3,569 sq ft.
- Wichita, KS: 3,475 sq. ft.
- Buffalo, NY: 3,274 sq. ft.
- Fort Wayne, IN: 3,234 sq. ft.
- Laredo, TX: 2,842 sq. ft.
- Baton Rouge, LA: 2,784 sq. ft.
- El Paso, TX: 2,742 sq. ft.
Major 10 metropolitan areas with the minimum space for $350K
- San Francisco, CA: 349 sq. ft.
- New York, NY: 404 sq. ft.
- Fremont, CA: 428 sq. ft.
- Boston, MA: 477 sq. ft.
- San Jose, CA: 478 sq. ft.
- Irvine: CA: 528 sq. ft.
- Honolulu, Hello: 532 sq. ft.
- Los Angeles, CA: 538 sq. ft.
- San Diego, CA: 540 sq. ft.
- Oakland, CA: 581 sq. ft.
Naturally, this is a generalization, as costs range throughout neighborhoods in a solitary town and can be bigger or decreased based on a entire host of other aspects. But these details reflect just what you would anticipate in terms of the connection amongst cost and house dimensions in desirable locales throughout the place.
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