Point 2 Homes recently released an analysis of the U.S. median home size – 1,700 square feet – and the U.S. median listing price – $300,000 – to get an idea of what living space and prices look like around America.
Click on “How Much House Can You Get for $300,000 in the Top 50 Cities in the U.S.?” to see the results of the study. Plus there’s a fun interactive chart that shows the relative differences in the size home one can purchase for $300,000 across the top-50 cities in the U.S. [Hover over the chart below.]
Because Reno-Sparks, Nevada was not one of the cities included in the study, I’ve just pulled the current MLS numbers for readers so that you may see how our housing market compares…
- Reno-Sparks median list price: $359,900.
- Reno-Sparks median home size: 2,112 square feet
And regarding the answer to the study’s question: ““How Much House Can You Get for $300,000?”
For the Reno-Sparks market the answer is 1,779 square feet. …or about a 5 percent larger house than the U.S. median size for the same price.
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Note: The median home price data reported covers the cities of Reno, Nevada and Sparks, Nevada [NNRMLS Area #100]. Residential data includes Site/Stick Built properties only. Data excludes Condo/Townhouse, Manufactured/Modular and Shared Ownership properties. Data courtesy of the Northern Nevada Regional MLS – November 29, 2016. Note: This information is deemed reliable, but not guaranteed.
