How Much House Can You Buy for $300,000?

Have $300k to drop on a house? You won’t be surprised to know that how much house you can get for that price tag varies wildly across the country. From a 165-square-foot studio in Manhattan to a 4,478-square-foot mansion in Memphis, your new home’s location will tell what bang you’re getting for your buck.

Check out the deets from a new Point2Homes study that compares what you can get for $300,000 in America’s top 50 cities.

  • You could buy 1,700-square-foot homes in all of New York City’s outer boroughs (plus one in Los Angeles) for the price of one home of equal size in Manhattan.
  • You could buy 1,700-square-foot homes in five major cities in neighboring states for the price of one home of equal size in San Francisco (and still have cash for a sports car left over).
  • You can buy four median-sized houses in Detroit for $300,000. Or just one really huge, 7,000-square-foot mansion.
  • You can buy two median-sized homes and a 1,000-square-foot condo in Memphis for $300,000.

<iframe src=”//” title=”Average living area” width=”800″ height=”944″ scrolling=”no” frameborder=”0″ style=“border:none;”></iframe>

Source: Point2Homes

Zoe Eisenberg is RISMedia’s senior content editor. Email her your real estate news ideas at

This was originally published on RISMedia’s blog, Housecall. Visit the blog daily for housing and real estate tips and trends. Like Housecall on Facebook and follow @HousecallBlog on Twitter.

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Posted on December 5, 2016 at 9:04 pm
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