ShutterstockSan Jose’s median home value for 1,500-square-foot houses is the second highest, ringing in at almost $US856,000.- A standard 1,500-square-foot single-family home can range in price, depending on location.
- We teamed up with Trulia to find out the median home value of a 1,500-square-foot house in the 25 most populous cities in the US.
- According to Trulia’s data, a 1,500-square-foot home can cost as little as $US47,000 or as high as $US1.3 million.
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A standard 1,500-square-foot home can be extremely affordable – or wildly expensive – depending upon location.
We teamed up with Trulia to find the median home value of similarly-sized houses in the 25 most populous cities in the US, from notoriously-expensive New York City to Indianapolis and Columbus, two of the most affordable cities for millennials to buy a home. The most expensive city on the list, perhaps unsurprisingly, is San Francisco. Previous reporting from Business Insider’s Katie Canales shows that even a “fixer” home will sell for over half of a million dollars.
Read more
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Home values have more than doubled in the US since 1970 – here’s how much they have increased in every state
We looked at the most populous cities using data from the National League of Cities, and ordered them from lowest to highest median home value for a 1,500-square-foot house.
Keep reading for a look at what a 1,500-square-foot home will cost in the 25 most populous US cities:
25. Detroit, Michigan
1,500-square-foot median home value: $US47,241
24. Memphis, Tennessee
ShutterstockThe Memphis skyline.1,50-square-foot median home value: $US83,135
23. El Paso, Texas
cht725/ShutterstockA view of El Paso, Texas.1,500-square-foot median home value: $US116,098
22. Indianapolis, Indiana
ShutterstockThe Indianapolis skyline.1,500-square-foot median home value: $US118,454
21. San Antonio, Texas
f11photo/ShutterstockAn aerial view of San Antonio.1,500-square-foot median home value: $US142,995
20. Dallas, Texas
ShutterstockA view of Dallas, Texas.1,500-square-foot median home value: $US144,641
19. Fort Worth, Texas
bobcooltx/ShutterstockDowntown Fort Worth, Texas skyline on a sunny afternoon.1,500-square-foot median home value: $US144,918
18. Houston, Texas
Shutterstock/Roschetzky PhotographyAn aerial view of Houston and some of its surrounding neighbourhoods.1,500-square-foot median home value: $US146,466
17. Jacksonville, Florida
Shutterstock / Sean PavoneThe Jacksonville skyline.1,500-square-foot median home value: $US149,708
16. Charlotte, North Carolina
1,500-square-foot median home value: $US154,033
15. Columbus, Ohio
Sean Pavone/ShutterstockDowntown Columbus, Ohio.1,500-square-foot median home value: $US156,940
14. Philadelphia, Pennsylvania
f11photo/ShutterstockThe Philadelphia skyline.1,500-square-foot median home value: $US162,318
13. Baltimore, Maryland
ShutterstockBaltimore, Maryland.1,500-square-foot median home value: $US164,297
12. Louisville, Kentucky
f11photo/ShutterstockLouisville’s skyline.1,500-square-foot median home value: $US172,727
11. Nashville, Tennessee
f11photo/ShutterstockA look at Nashville, Tennesee.1,500-square-foot median home value: $US203,259
10. Phoenix, Arizona
ShutterstockPhoenix, Arizona.1,500-square-foot median home value: $US205,850
9. Chicago, Illinois
Pedro Lastra/UnsplashA view of Chicago’s highrises.1,500-square-foot median home value: $US261,126
8. Austin, Texas
RoschetzkyIstockPhoto/iStockDowntown Austin, Texas.1,500-square-foot median home value: $US270,263
7. San Diego, California
Sean Pavone/ShutterstockSan Diego.1,500-square-foot median home value: $US577,756
6. Boston, Massachusetts
Flickr/Wally GobetzBoston, Massachusetts.1,500-square-foot median home value: $US588,878
5. Los Angeles, California
Getty/David McNewA look at the Los Angeles skyline.1,500-square-foot median home value: $US588,878
4. New York, New York
Shutterstock/littlenystockA view of Manhattan in New York City.1,500-square-foot median home value: $US625,931
3. Seattle, Washington
1,500-square-foot median home value: $US689,917
2. San Jose, California
ShutterstockAn aerial view of San Jose and some of its surrounding neighbourhoods.1,500-square-foot median home value: $US855,973
1. San Francisco, California
1,500-square-foot median home value: $US1,292,566
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