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Here’s how big a home you can buy for $400,000 in the 25 biggest cities in America

Charlotte North Carolina suburb

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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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