Home Buyers, What $300,000 Buys in 21 Big Cities Across the U.S.
The national median sales price for existing single-family homes hit $269,000 in the second quarter of this year, according to the National Association of Realtors. However, depending on where you choose to live, that much money may get you a large, single-family home with plenty of amenities -- or a studio apartment.
In cities such as New York City and San Diego, you'll find only small studio and one-bedroom condos or even mobile manufactured homes at that price point. Meanwhile, in Jacksonville, Fla., or Houston, for instance, you can snag a single-family home with some acreage and a pool in the backyard.
We rounded up to $300,000 and looked for homes for sale in 21 of the largest U.S. cities from coast to coast to see just how much homebuyers can get for their money. Here's what we found.
New York City
Courtesy of Vanessa Chapeton at Halstead Manhattan
Square footage: 400
Bedrooms: Studio
Bathrooms: 1
Acreage: N/A
Was listed for: $297,500
At $300,000, studio apartments are typically all you'll find for sale in New York City's housing market. This studio unit is part of a co-op building, which means rather than owning your individual apartment, you'd own a percentage of the building along with the other residents who own and live there.
It's a corner unit located on the third floor and has been recently renovated. There are hardwood floors throughout the space, a remote-control ceiling fan in the main living area, a window air-conditioning unit and radiant heating. There's an eat-in kitchen with granite and wood countertops, as well as lots of cabinetry for storage. The bathroom has an all-glass shower stall and floor-to-ceiling tiles.
This studio apartment is located in the Hudson Heights neighborhood in Upper Manhattan. Earlier this year, the New York Times dubbed the area a hidden gem due to relatively low rental rates and home sale prices.
Chicago
Courtesy of David Hejnowki at Redco Realty
Square footage: 2,370
Bedrooms: 6
Bathrooms: 3
Acreage: 0.09
Listed for: $300,000
This bungalow-style home was built in 1920. It's since been renovated and now has a modern aesthetic complete with an open floor plan in the main living area, hardwood floors and recessed lighting. In the kitchen, there are granite countertops, a subway-tile backsplash and stainless-steel appliances.
The master bedroom and a second bedroom are located on the main level. There are two additional bedrooms on the second floor, as well as two more bedrooms in the
