- 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.
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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
1,50-square-foot median home value: $US83,135
23. El Paso, Texas
1,500-square-foot median home value: $US116,098
22. Indianapolis, Indiana
1,500-square-foot median home value: $US118,454
21. San Antonio, Texas
1,500-square-foot median home value: $US142,995
20. Dallas, Texas
1,500-square-foot median home value: $US144,641
19. Fort Worth, Texas
1,500-square-foot median home value: $US144,918
18. Houston, Texas
1,500-square-foot median home value: $US146,466
17. Jacksonville, Florida
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
1,500-square-foot median home value: $US156,940
14. Philadelphia, Pennsylvania
1,500-square-foot median home value: $US162,318
13. Baltimore, Maryland
1,500-square-foot median home value: $US164,297
12. Louisville, Kentucky
1,500-square-foot median home value: $US172,727
11. Nashville, Tennessee
1,500-square-foot median home value: $US203,259
10. Phoenix, Arizona
1,500-square-foot median home value: $US205,850
9. Chicago, Illinois
1,500-square-foot median home value: $US261,126
8. Austin, Texas
1,500-square-foot median home value: $US270,263
7. San Diego, California
1,500-square-foot median home value: $US577,756
6. Boston, Massachusetts
1,500-square-foot median home value: $US588,878
5. Los Angeles, California
1,500-square-foot median home value: $US588,878
4. New York, New York
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
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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