Have 300K? Here’s How Much Home You Can Get

Posted on May 16 2017 - 4:26pm by Zoe Eisenberg
#27

Colorful old swedish houses in front of a blue sky

Looking to become a homeowner? Pre-approved for a 300k mortgage? A recent GoBankingRates.com study broke down exactly how much home you could snag for 300 thousand big bones. This is especially helpful if you’re willing to move to find that dream home or get more for your money. If family or job security has you stuck in a pricey place, the study results may be a little depressing. (Sorry Hawaiians and Californians. Consider moving to Indiana).

To come up with these results, GoBankingRates hunted down the median property listing price in every state and the District of Columbia. They then divided these listing prices by $300,000 and voila - the median list price per square foot.

Below are best and worst states for your hard-earned homeowning money.

States That Buy the Most Square Footage for $300,000:

    • Indiana: 3,478 Square Feet
    • Mississippi: 3,402 Square Feet
    • Arkansas: 3,390 Square Feet
    • Ohio: 3,366 Square Feet
    • West Virginia: 3,360 Square Feet
    • Alabama: 3,256 Square Feet
    • Oklahoma: 3,175 Square Feet
    • Kansas: 3,053 Square Feet
    • Missouri: 3,051 Square Feet
    • Georgia: 3,020 Square Feet

States That Buy the Least Square Footage for $300,000:

    • District of Columbia: 603 Square Feet
    • Hawaii: 625 Square Feet
    • California: 1,066 Square Feet
    • Massachusetts: 1,327 Square Feet
    • Colorado: 1,471 Square Feet
    • Oregon: 1,588 Square Feet
    • Rhode Island: 1,634 Square Feet
    • New York: 1,664 Square Feet
    • Washington: 1,694 Square Feet
    • Montana: 1,779 Square Feet

For the full study results, click here.

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27 Comments so far. Feel free to join this conversation.

  1. Springtown Roofer May 24, 2017 at 12:09 am -

    This is an excellent list, very helpful for the home buyers. It will also give an idea of where to look for cheaper properties

  2. krishi May 29, 2017 at 8:30 am -

    hey there.. thanks for this list..

  3. steveberry July 31, 2017 at 2:05 am -

    Great list Zoe! Thanks for sharing this article.. keep it up..

  4. Ian walker November 3, 2017 at 9:36 am -

    Nice article.

  5. Mark November 28, 2017 at 1:01 am -

    keep it up! Thanks for sharing!

  6. Ian walker December 6, 2017 at 5:14 am -

    Really helpful and insightful article. Many thanks.

  7. Glen January 2, 2018 at 2:35 am -

    Excellent read. Thanks for your case study

  8. Jhon January 2, 2018 at 5:06 am -

    Thanks for sharing.

  9. Hanna January 5, 2018 at 7:36 am -

    Nice article.

  10. Ashwin January 11, 2018 at 5:16 am -

    Hello there!! Thanks for this information on Most Square Footage

  11. Anna January 12, 2018 at 2:21 am -

    Thank you so much for this information

  12. Archie January 22, 2018 at 5:56 am -

    Great information. Keep it up

  13. cadbull January 27, 2018 at 5:47 am -

    Nice Article.

  14. Niome February 14, 2018 at 7:02 am -

    Great article. Thanks and keep it up

  15. shaun February 23, 2018 at 2:36 am -

    Great article.

  16. Parth February 23, 2018 at 4:46 am -

    Top Class information! Keep on posting guys

  17. Ajax Limo February 28, 2018 at 12:20 am -

    Interesting article especially when you compare it to stats in Canada. Definitely get more bang for your buck in certain States.

  18. Sergei March 20, 2018 at 5:42 am -

    Keep up the good work! Waiting for more articles on this.

  19. Brian April 6, 2018 at 4:56 am -

    Good Work. Great piece of information!

  20. Pavan May 8, 2018 at 9:38 am -

    I am buying one for sure!

  21. Steve August 8, 2018 at 5:05 am -

    Thanks for sharing, Keep it up.

  22. Planndesign Info July 22, 2019 at 1:50 am -

    Thanks for sharing

  23. Matt May 15, 2020 at 8:38 am -

    Perfect post! Keep it up!

  24. Caroon May 17, 2020 at 3:35 am -

    Thanks for sharing!

  25. Alex August 24, 2020 at 3:22 pm -

    Absolute amazing post!

  26. Matt October 27, 2020 at 3:01 am -

    Perfect post!

  27. 599fullhouse December 24, 2020 at 5:19 am -

    This is a brilliant rundown, extremely accommodating for the home purchasers. It will likewise give a thought of where to search for less expensive properties