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For $400,000, you can get a house in Charlotte that’s more than twice the size of what you’d get in Washington, DC.
When it comes to real estate, the value of your dollar is highly variable across state, and even city, lines. While you may be able to afford a three-bedroom house with a yard and a pool in Texas, for instance, the same-priced abode in California won’t be nearly as impressive.
To find out how markets compare across the country, real-estate listing site Zillow provided Business Insider with data on the average square footage of a home with a $400,000 price tag in the 25 largest metro areas.
While Zillow currently pegs the national median home value at $196,500, the estimated value of homes in the country’s most desirable locations — like New York, Los Angeles, and San Francisco — can get as high as the mid-$800,000’s, so we chose to look at a higher-than-median price point of $400,000.
Zillow calculated the size of homes by looking at the median home value per square foot in each metro, which ranges dramatically from $90 in Houston to $1,156 in New York City.
Below, check out how much space you can get for $400,000 in the 25 largest cities in America. We’ve also included median home value figures from Zillow for comparison.
All data is from Zillow and represents metro areas, with the exception of New York, which comes from NYC real-estate site StreetEasy, a sister company of Zillow, and represents only the five boroughs.
New York
Square footage: 346
Price per square foot: $1,156
Median sale price: $580,000
San Francisco
Square footage: 735
Price per square foot: $544
Median home value: $843,200
Los Angeles
Square footage: 1,008
Price per square foot: $397
Median home value: $601,900
San Diego
Square footage: 1,180
Price per square foot: $339
Median home value: $532,000
Boston
Square footage: 1,550
Price per square foot: $258
Median home value: $419,900
Seattle
Square footage: $1,626
Price per square foot: $246
Median home value: $426,300
Washington, DC
Square footage: 1,717
Price per square foot: $233
Median home value: $382,900
Denver
Square footage: 1,724
Price per square foot: $232
Median home value: $362,800
Portland
Square footage: 1,794
Price per square foot: $223
Median home value: $$359,800
Sacramento
Square footage: 1,852
Price per square foot: $216
Median home value: $316,000
Riverside, California
Square footage: 2,105
Price per square foot: $190
Median home value: $322,700
Minneapolis-St. Paul
Square footage: 2,162
Price per square foot: $185
Median home value: $241,900
Baltimore
Square footage: 2,299
Price per square foot: $174
Median home value: $259,200
Miami-Fort Lauderdale
Square footage: 2,395
Price per square foot: $167
Median home value: $249,700
Chicago
Square footage: 2,857
Price per square foot: $140
Median home value: $208,400
Phoenix
Square footage: 2,920
Price per square foot: $137
Median home value: $232,700
Philadelphia
Square footage: 2,963
Price per square foot: $135
Median home value: $216,000
Tampa
Square footage: 3,279
Price per square foot: $122
Median home value: $183,300
St. Louis
Square footage: 3,448
Price per square foot: $116
Median home value: $149,300
Dallas-Fort Worth
Square footage: 3,604
Price per square foot: $111
Median home value: $205,300
Detroit
Square footage: 3,738
Price per square foot: $107
Median home value: $138,700
Pittsburgh
Square footage: 3,922
Price per square foot: $102
Median home value: $135,700
Charlotte
Square footage: 3,922
Price per square foot: $102
Median home value: $170,600
Atlanta
Square footage: 4,124
Price per square foot: $97
Median home value: $175,800
Houston
Square footage: 4,444
Price per square foot: $90
Median home value: $174,500
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
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