What precisely Will $241,000 Buy You?

Housing markets throughout the U.S. can differ significantly when measuring median sales price, inventory, days on market and much more. As an illustration, the median sales price last month in the San Francisco area, as reported by the latest RE/MAX National Housing Report, was listed at $928,500 while metro-Tampa posted a price of $217,000 – that’s a considerable difference in price. So what can you buy where you are?

The September 2018 RE/MAX National Housing Report noted that the median sales price among the 54 cities contained in the monthly study was $241,000. So, we thought it would be interesting to find out what that dollar amount buys you in different parts of the county. You’ll probably be surprised!

What precisely Will $241,000 Buy You Throughout the country At This Time?

Cleveland, Ohio – A City Known for its Low Cost of Living

This striking colonial includes a spacious living room that connects to the family room. Eat-in kitchen overlooks the completely fenced-in backyard. Hardwood floors throughout and includes 5 bedrooms, 3 bathrooms and 2,218 sq. ft.

Dallas, Texas – Sometimes Referred to as the City Filled with Friendly Folks    

This one-story home has had a significant makeover. Wood floors upon entering, a large living room/dining room, vaulted family room with beamed ceilings, painted white brick stainless steel appliances, built-ins and separate utility room leading to the two-car garage. Includes 3 bedrooms, 2 bathrooms and 2,039 sq. ft.

Denver, Colorado – A Sports-Loving Metro Renowned for Being a Mile High

This condo has large newer windows that supply a light and airy feeling. With 650 sq. ft., the options are limitless: living room, dining room, study, bar area, etc. Updated kitchen with granite countertops and tile backsplash and includes 1 bedroom, 1 bathroom and 650 sq. ft.

Louisville, Kentucky – Referred to as Modern Metropolitan Area Steeped in Tradition

Secluded 3-bedroom, 2-1/2 bath brick home on 2/3 of an acre that backs up to the woods. Large kitchen with eat in-area, solid wood cabinetry, granite counter tops and top-grade appliances in 2,861 sq. ft.

Miami, Florida – A City the Entices Millennial Professionals to Trade and Banking Careers

This inviting condominium features granite countertops, stainless steel appliances, spacious bedrooms and a stunning community pool. Includes 2 bedrooms, 1 bathroom and 664 sq. ft.

Round Rock, Texas – It’s Near Austin and is Growing at a Rapid Pace

This charming brick home provides spacious living and tons of natural light. Formal living and dining rooms boasts beautiful hardwood floors and opens to a large family room. Kitchen has built-in desk, quartz counters and 42-inch cabinets. An owner’s retreat features a beautiful shower, double vanities and a large walk-in closet and includes 4 bedrooms, 2 bathrooms and 2,356 sq. ft.

Washington, D.C. – Recognized for its Historical Sites as well as a Museum Lover’s Paradise

This end unit town-home boasts a first-floor brick exterior, 3 bedrooms and 1 bathroom with an appealing grassed front yard, just across the river from Alexandria and includes 1,024 sq. ft.

Ready to find your new home here in the Tampa Bay and Surrounding Areas? Nick, Cindy & Nicholas Davis with RE/MAX Premier Group are here to assist you with all your Real Estate Needs. We are always available at 813-300-7116 to answer your questions or you can simply click here and we will be in touch with you shortly.

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(all data current as of 11/22/2024)

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