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.


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

You're reading a preview, sign up to read more.

More from Kiplinger

Kiplinger1 min readSociety
How Much Stimulus Check Money Will You Get?
Once it became clear that Uncle Sam will be mailing out economic stimulus checks to pretty much every American adult, the same question popped into everyone's head: How much money will I get? Unfortunately, there's no one-size-fits-all answer. It all
Kiplinger12 min read
15 Dividend Cuts and Suspensions Chalked Up to the Coronavirus
Most investors buy dividend stocks for the consistent income they generate. Whether we're talking about Achievers, Aristocrats or Kings, or just plain ol' dividend payers, their income provides certainty in an uncertain world. That is, of course, unt
Kiplinger1 min read
When Will You Get Your Stimulus Check?
The latest federal stimulus law to battle the economic effects of the Coronavirus pandemic authorizes the IRS to send out tax rebate payments to most people. Of course, everyone wants to know when they'll see the money.(Use our Stimulus Check Calcula