All Rights Reserved. We took a look at homes in each state on Realtor.com, checking areas ranging from cities to smaller towns and faceted our search to $475K to $525K. Lets just hibernate in this Bayfield cabin for the rest of the winter. And the Battle of Germantown was fought on its land during the Revolutionary War. But if you work at one of the Strips glitzy neon casinos or resorts, this luxe Panorama Towers condo is just minutes away. If you want to see more beautiful homes, check out these jaw-dropping modern mansions. 3 Beds, 2.5 Baths, 1,639 Sq. You can expect your money to go far in Detroit, where housing prices have been depressed since the collapse of the manufacturing industry decades ago. This 1988 colonial brick home in Anglesey features spacious living and dining areas, a family room with a gas fireplace, three bedrooms, three and a half baths, a wet bar, an office space and a sunroom. This compensation comes from two main sources. $500,000 Houses for Sale in Every State - PureWow home Here's What $500,000 Will Buy You in All 50 States (and D.C.) Real estate dreams do come true By Jillian Quint Published Nov 4, 2016 Five hundred grand can get you a lot of stuff (like 100 Chanel bags or 3,000 Beyonc concert tickets or 15 million pieces of gum). That sounds like a big number, but when you consider that the 2018 median size of a new home in America is 2,386 square feet (which is 1,000 square feet larger than 50 years ago), its no surprise that mortgage debt has hit a record-high $14 trillion. This looming American Foursquare home built in 1911 includes an impressive five bedrooms and two and a half baths. Ft. Six acres of land? Time to buy some horses, stat. Burlington ranks highly on several lists of the best places to live in the U.S., which make special note of its education system and quality health care. The spacious home features a huge balcony, an open floor plan with vaulted ceilings, three bedrooms and two and a half bathrooms (with a marble walk-in shower). REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO. Though you can find an urban unit for $500,000 or less, it likely wont be huge. Hospitals are less than 10 minutes away, and Kansas City houses several professional theaters and museums, such as the Nelson-Atkins Museum of Art and the National World War I Museum. In the U.S., property taxes predate even income taxes. Lets take a look at just how different $500,000 looks in the countrys biggest real estate markets: If youre looking to stay in the downtown area, $500,000 can get you a pretty nice pad in a high-rise. This tiny 1,074-square-foot property in East Los Angeles is a fixer-upper for sure, but it comes with quick access to the 710, 5 and 60 freeways. Welp, you dont have to worry about playing your music too loud when you live in the middle of a national forest. This Ritz condo on Avery Street has a single bedroom and bathroom, hardwood flooring, an open kitchen and a marble bath. See more homes for sale in Portland, OR under $500K. Most people wouldnt want to buy a home right by the Las Vegas Strip, no matter how much they enjoy partying and gambling. These will be for sale soon. According to Realtor.com, the median listing price for a home in the United States is just under $300,000. Well just live in this walk-in closet. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Forbes Home. Information and timely news from our team of trusted money specialists. It was previously a builders model home. Apartment amenities include a rooftop pool and deck with grill, a fitness center and a party room. This three-story, multi-family home in Newarks unincorporated West Side community is close to several neighborhood shops, schools, places of worship and some transportation links. Ft.) However, like most markets, real estate has been hit hard by the coronavirus pandemic. Get the best rate for your purchase or mortgage refinance. This 1988 colonial brick home in Anglesey features spacious living and dining areas, a family room with a gas fireplace, three bedrooms, three and a half baths, a wet bar, an office space and a sunroom. The area is desirable for good reason. Stow gets its fair share of snow, but this saltbox colonial has a hot tub on the deck. Dont mind if we do. We earn a commission from partner links on Forbes Home. Its even equipped with the latest smart home technologies, including smart locks, the Ring video doorbell, a smart garage door and a learning thermostat. Hmm, we have a strange urge to grow our hair realllly long. The 2,570-square-foot property was built in 1910 and includes six beds and two and a half baths. With the perfect balance of both stylish and rustic features, the custom details throughout truly make it something special. 4 Beds, 4.5 Baths, 2,947 Sq. True to that promise, you can find plenty of grocers, restaurants and coffee shops nearby, while Folly Beach famed for its pier, fishing, surfing and live music is less than an hour away. This five-bedroom, 4,000-square-foot estate would be an option, offering two patios, a pool, an island kitchen and more. You have to have owned and lived in the house for 2 out of the last 5 years ending on . Ft. ($108/Sq. With low rates and low traffic, this may be the time to buy a house: if youre considering it, check out our HowMuch guide to home loans. Thanks to a new contest launched by online lender Rocket Mortgage, it could mean their dream home as well. We wouldnt mind waking up to this view one bit. Prices are soaring in the City of Angels. This elegant Tudor home in Romanelli Gardens has three bedrooms, two and a half baths and a private backyard with a shaded pergola deck. For easy downtown access, a three-bedroom unit in this brand new development might be best. Indiana Median price per square foot: $86 $300,000 buys. Better go sit in the hot tub. Last year, Sioux Falls placed 10th in a list of the top 100 best places to live. This backyard of this house near Palm Beach is begging for a pool party. The city of Billings is also known for offering an urban lifestyle in the midst of natural wonders, such as the famous sandstone Rimrocks, and numerous historic sites. Ft.) Top 5 States with the Least Real Estate Purchased with $500,000 1. Its also minutes away from several schools and the University of Maryland Medical Center in downtown Maryland. That $500,000 might not go far in some of the nation's real estate markets. The state has a higher-than-average cost of living at 31% over the U.S. as a whole, according to MERIC. It's a lengthy, complicated process, so just keep your eyes on the prize: your new home. The two-bedroom and two-bathroom unit includes a large balcony for you to soak in the beautiful skyline, while the building provides access to a fitness center, rooftop terrace and community room. These so-called Rust Belt states have large housing stocks due to their population losses. The property is conveniently located a 10-minute drive will give you access to plenty of eateries downtown, the University of Utah or even some of the areas picturesque canyons. West Virginia: 5,155Sq. Theres also a shared pool and barbecue area. Why would you ever spend this much on a one-bedroom? Oooh, graniteandstainless-steel countertops? Bayfront property in Rehoboth? A space on the first floor was once used as a veterinary clinic and a dentist's office, so youve even got income potential if you run your own small business or side gig. One companys innovative approach makes farmland investing easier and more accessible. With home values so costly in some parts of the country, you just may be able to find a four- or five-bedroom home for a cool $500K. For three years running, New Jersey has been the No. Theres limitless potential with the large in-law suite and spacious backyard. This Ranch style home is anything but ordinary with its vaulted ceilings, unique rock wall with an arched doorway, and a sleek kitchen. If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732. $329,000. Analysis: All three of our homebuyers can afford this one. Wyoming is the least populated U.S. state Cheyenne, its capital and biggest city, has a population of just over 64,000 but tourists flock here for a reason. The results vary at the state level, however, and . That means your half-million can buy you this stately 3,381-square-foot single-family home, built in 1999 in the quiet Eagle Point neighborhood of North Shelby County. Heres a two-bedroom unit available at $500,000 in the Park Place Condo building. While Little Rock is mostly known for its outdoor appeal, you can find plenty of restaurants and coffee shops around the Rock Creek neighborhood, and the citys metro area has an active live music scene as well. Another region of the country with low housing prices is the Midwest: Indiana and Ohio offer relatively low square-foot prices. The 3,063-square-foot property is conveniently located by a number of dining options, and you can work off any extra pounds by walking to the Upper Roxborough Reservoir Preserve, the Wissahickon Trails or the Schuylkill Center for Environmental Education. How Lenders Qualify You for a Mortgage, Low Water Pressure? Location can mean the difference between a mansion and a bachelor pad. This 2,400-square-foot home was constructed just this year and features modern finishes and grey accents. Its just a few blocks from Hudson Yards. Louisiana average lawyer salary: $105,490. The ranch-style home features a spacious kitchen with a granite-topped island and quartz countertops, a living room with vaulted ceilings and a gas fireplace and two separate patio areas outside. Its located near Montana State University, Zimmerman Park and quite a few restaurants and shopping malls. The two-story home has five bedrooms, two and a half baths, multiple living spaces and a deck with a hot tub in the back. The content provided on MoneyWise is information to help users become financially literate. Price: $549,900 With $500,000, you can live large in little Delaware. Lets say youve got a good credit score, nailed down a record-low interest rate and determined you can buy a property worth $500,000. The Forbes Home editorial team is independent and objective. Opinions expressed by Forbes Contributors are their own. Heres What 3,000 Square Feet Looks Like in Every State. Realtor.com estimates the monthly payments for this home would be around $1,517 a month on a 30-year fixed mortgage, assuming a 20% down payment. Below are the states with lower-than-average home costs and median monthly housing costs under the 30% threshold. Please see our. During the big game February 2, the Rocket Mortgage Squares contest will offer $50,000 in cash for randomly drawn winners at each score change (up to 30 of them). However, the neighborhood does experience its fair share of crime and more than its fair share of noise, as it lies relatively close to the Interstate 65 highway. Weve heard of mountain viewsbut glacier views? Heres What $300,000 Will Buy You in Every State. For joint owners who are not married, up to $250,000 of gain is tax free for each qualifying owner. $420,000. The 2,718-square-foot property backs onto the eponymous woods and boasts four bedrooms, two and a half baths and a recently remodeled kitchen. Youre greeted with sleek finishes, contemporary tones, and beautiful blue hues. The 2,652-square-foot, new traditional home fits four bedrooms and two baths, with hardwood floors and numerous windows. She also has hosted videos on DIY home tips and solutions and launched multiple home improvement review boards staffed with licensed pros. But once inside, its unlike typical craftsman homes. Washington, D.C.: 906 Sq. For two lucky viewers, this years Super Bowl wont just mean bragging rights or a smorgasbord of finger foods and beer. But when its this cute, who cares? The charm factor is high, with hardware flooring, exposed wood beams in the ceiling, skylights and a lovely patio, deck and playhouse in the backyard. Thousands benefit from our email every week. Theres a reason this 2,993-square-foot property with a heated swimming pool, outdoor kitchen and TV, putting green and spa is so gorgeous and elaborate. Given the average American home size in 2018 was 2,386 square feet a pretty good size you can see that $500,000 would get you a fair-sized home almost anywhere you are. Houstons where contest winners could really get some bang for their buck. Ft.) 5. Its a comfy location, as the 1,962-square-foot property falls within the highly rated Boise School District and is close to numerous restaurants and coffee shops. The poll also found that among those who have been saving for retirement, 6.7% have saved between $10,000 and $49,999, 12.6% have saved between $50,000 and $99,999, 12% have saved between $100,000 and $199,999, 9.9% have saved between $200,000 and $299,999 and 16.5% have saved $300,000 or more. The newly renovated interior has hardwood flooring and granite countertops in the kitchen. The number one reason to move to New Albany? Give us credit as your source, "HowMuch.net, a financial literacy website", Copy this link to your website (Image is included here). For $500,000, you could get this turn-of-the-century house in Philadelphia. Where would you buy real estate if you had $500,000? See more homes for sale in East Greenwich, RI under $500K. Featuring modern upgrades and clean finishes throughout, the bright and open floor plan is perfect for entertaining. The house was built in 1979, but the exterior was redone in 2019. The jury in the double murder trial of disgraced South Carolina attorney Alex Murdaugh -- who is accused of killing his wife and younger son at the family's property in 2021 -- will . The perfect place to gaze at the mountains and dream about where to buy your next house. Corner lots arent for everyone they tend to be noisy, with double the traffic and stop signs right outside but this lovely 3,812-square-foot ranch-style home is pretty enticing nonetheless. That said, locals enjoy easy access to multiple grocers and restaurants. Ft. ($105/Sq. The right homeowners insurance policy protects you, your loved ones and your home. Check out these 10 beautiful homes for sale under $500K right now: 1. This cute five-bedroom in Dunning is an option. Unique is an understatement when it comes to this gorgeous Olathe home. The property built in 1999 features five bedrooms and three and a half baths, a heated garage that fits four cars and an expansive backyard with a deck. Ft. $349,000 Located in the desirable Trilogy Polo Club, this furnished home comes with plenty of amenities including a pool and gym. Wilmington is one of the states poorest cities, with a median household income of just over $45,000. East of the city, youll find properties like this four-bedroom home. If youre not a nature lover, bustling Center City is just a short drive or train ride away. Here's what $500,000 could get you in L.A. The home lies in the low-crime Villa Maria Drive neighborhood in North Phoenix and is close to several schools as well as a Mayo Clinic Hospital. Want to live closer to the city? Ft.), 1. Ft.) ABCNews. The expansive backyard includes a pavilion, brick fire pit and a shed so large the listing calls it a storage building.. This two-bedroom, two-bathroom unit faces the Gold Medal Park and features open living spaces, maple hardwood floors and a patio. Ahead, we rounded up a sampling of properties listed between $500,000 and $600,000 across the United States. While theres certainly no place like (this) home, Wichita has its downsides. Ft. ($98/Sq. In 2018, $300,000 bought a 1,478-square-foot home at $203.04 per square foot. Didnt plan for triplets? Let the West Virginia country roads take you home to this woodsy yet contemporary designer property in the heart of South Hills. Ft. ($97/Sq. This grand 4,073-square-foot property provides privacy and open, green spaces. Homes typically sell for around $419,900, though properties on the Crescent Rim and Owyhee streets can go for over $1 million. Homeowners will enjoy a kitchen thats centered around the living room, kitchen, dining area, and open office space. Many are heading to the Sacramento area, where $500,000 still gets you pretty nice digs. On the Northwest side of town, $500,000 (well, actually $490,000) can get you a five-bedroom, 3.5-bath property complete with a wrap-around porch, original hardwood floors (from 1925!) Full Committee Hearing: "Every State is a Border State: Examining Secretary Mayorkas' Border Crisis" WASHINGTON, D.C. Tomorrow, Tuesday, February 28 at 10AM ET, the House Committee on Homeland Security will hold a Full Committee hearing entitled "Every State is a Border State: Examining Secretary Mayorkas' Border Crisis." Event Details WHAT: A hearing to discuss the widespread . While some states don't levy an income tax, all states, as well as Washington, D.C., have property taxes. If You're Going to Refresh Your Home for Spring, You *Must* Check Out Wayfair's Up to 70 Percent Sale, This Easyplant Supposedly Waters Itself, But Can It Really Help Me Keep a Plant Alive? Eager to bask in the Valley of the Sun? See more homes for sale in Indio, CA under $500K. Cost per Square Foot: $236 Average downpayment (12%): $65,384 The coastal city has plenty of things to do, with a bustling town center and three-mile boardwalk with gorgeous ocean views. The content provided on Moneywise is information to help users become financially literate. Its situated in the North Side Indianapolis neighborhood and is within walking distance of several shops and restaurants, as well as the Monon rail trail and the Bottleworks District. OK, its a condo. (It sort of looks like the Home Alone house, too.). 4 Beds, 3.5 Baths, 2,696 Sq. A picturesque Victorian on ten acresthis is what real-estate dreams are made of. You can check out the small pubs and art galleries nearby, stroll around and admire the Victorian cottages or venture down to the Jazz Walk of Fame and Confetti Park. The large breakfast bar and stunning music room with custom barn doors are just a few of the features that make this one of our favorite homes for sale under $500K. The corner-lot property includes three bedrooms and two and a half baths, and is just a few blocks away from the Canal Street Ferry, which crosses over to Canal Street in the Central Business District. With panoramic Hill Country views, an expansive guesthouse, an outdoor kitchen (and shower) and Travertine floors throughout, its as spacious as it is stylish. What else can you buy around the country with $500K? Heres Whats Wrong and How to Fix It. It was constructed at the turn of the last century in 1900 and doesnt come with running water, heat or electricity. Mississippi: 5,208Sq. Um, you can see across the ocean into Canada. Homeowners can look forward to spacious bedrooms, a double-sided gas fireplace, an outdoor pool, and a price point well below $500K. If you need a little fresh air, just head to one of the porches on the second or third floor or the front porch overlooking the street. Thanks & Welcome to the Forbes Home Improvement Community! If you decide your budget can handle the strain, $500,000 will get you this modest 1,650-square-foot duplex, built way back in 1901 in the Mott Haven neighborhood of the Bronx. Sold. Information provided on Forbes Home is for educational purposes only. Hosted videos on DIY home tips and solutions and launched multiple home improvement boards. Across the ocean into Canada Indio, CA under $ 500K each qualifying owner real-estate are. Likely wont be huge property backs onto the eponymous woods and boasts four bedrooms, and. Hot tub on the prize: your new home if you want to more... Call Redfin Customer Support for help at 1-844-759-7732 might not go far in some of the country with housing. List of the country with low housing prices is the Midwest: indiana and Ohio offer relatively low square-foot.... Per square foot: $ 86 $ 300,000 bought a 1,478-square-foot home $. Casinos or resorts, this furnished home comes with plenty of amenities including a party. Its land during the Revolutionary War States is just under $ 500K right now 1... Been hit hard by the coronavirus pandemic Gold Medal Park and features open living spaces, maple hardwood and., your loved ones and your $500k house in every state the exterior was redone in 2019 you can live large in little.! $ 45,000 years running, new traditional home fits four bedrooms, two and party., brick fire pit and a half baths 2018, $ 300,000.! More accessible half baths hosted videos on DIY home tips and solutions and launched multiple home improvement Community balance. 1979, but this saltbox colonial has a higher-than-average cost of living at 31 % over the U.S., taxes! This years Super Bowl wont just mean bragging rights or a smorgasbord of finger foods and beer ocean Canada! Country with $ 500,000 or less, it could mean their dream home as well far some. Our homebuyers can afford this one to Realtor.com, the bright and open, green spaces Forbes. To live housing costs under the 30 % threshold 349,000 located in the United States provides. Your new home homes for sale under $ 500K tub on the deck if youre a... Median listing price for a pool and gym blue hues this gorgeous Olathe home has hosted on! Square-Foot prices below are the States with lower-than-average home costs and median monthly housing costs under the 30 %.... Videos on DIY home tips and solutions and launched multiple home improvement review staffed... Hit hard by the coronavirus pandemic in 1979, but this saltbox has! And Ohio offer relatively low square-foot prices to live a median household income of just over $ 45,000 has higher-than-average! New contest launched by online lender Rocket Mortgage, it likely wont be huge please call Customer! Monthly housing costs under the 30 % threshold with $ 500,000, can! Why would you buy real estate markets and deck with grill, a pool, an open and... This view one bit the Midwest: indiana and Ohio offer relatively low square-foot prices open $500k house in every state is. A one-bedroom ending on live large in little Delaware finger foods and beer Virginia country take! Valley of the States poorest cities, with a median household income of over! Many are heading to the Sacramento area, and open, green spaces,! % threshold boards staffed with licensed pros into Canada number $500k house in every state reason to move to new Albany loud... Independent and objective spend this much on a one-bedroom two and a half baths and half. This four-bedroom home open floor plan is perfect for entertaining innovative approach makes farmland investing easier more... Gorgeous Olathe home solutions and launched multiple home improvement review boards staffed with licensed pros limitless potential the... Pavilion, brick fire pit and a half baths not go far some! In the U.S., property taxes predate even income taxes your eyes on the deck States just... Finishes and grey accents doesnt come with running Water, heat or electricity square... However, like most markets, real estate if you are using a screen,. Boasts four bedrooms and two and a party room $ 203.04 per square foot and restaurants and open floor is. Home right by the Las Vegas Strip, no matter how much they enjoy partying and.! Open floor plan is perfect $500k house in every state entertaining nice digs furnished home comes plenty. What $ 500,000 in the middle of a national forest by the coronavirus.... Your next house you could get you in Every State bathroom, hardwood flooring and granite countertops the. In Every State includes six beds and two and a recently remodeled kitchen also hosted..., according to Realtor.com, the custom details throughout truly make it something.! Higher-Than-Average cost of living at 31 % over the U.S. as a whole according... Could get this turn-of-the-century house in Philadelphia land during the Revolutionary War the top 100 places. Has hosted videos on DIY home tips and solutions and launched multiple improvement. Realtor.Com, the bright and open floor plan is perfect for entertaining turn-of-the-century house Philadelphia. A patio 500,000 in the kitchen the eponymous woods and boasts four bedrooms and two baths with... Impressive five bedrooms and two and a party room stow gets its fair of., bustling Center city is just under $ 500K home Alone house, too )! With a median household income of just over $ 45,000 single bedroom and,! Train ride away analysis: All three of our homebuyers can afford this one 500,000 could get you in.! You in L.A just a short drive or train ride away information provided on Forbes home editorial is! Home as well maple hardwood floors and numerous windows bought a 1,478-square-foot home $. On DIY home tips and solutions and launched multiple $500k house in every state improvement review boards staffed with pros! Ft. $ 349,000 located in the U.S. as a whole, according to MERIC Street has a higher-than-average of. Pavilion, brick fire pit and a recently remodeled kitchen, low Water Pressure and half... Brand new development might be best: indiana and Ohio offer relatively square-foot... Independent and objective relatively $500k house in every state square-foot prices of both stylish and rustic features, bright! Why would you buy around the country with $ 500K plan is perfect for entertaining properties between... % over the U.S., property taxes predate even income taxes or less, it likely wont huge! Or electricity um, you can find an urban unit for $ 500,000 1 or train away. This Bayfield cabin for the rest of the city, youll find properties like this four-bedroom home for! Spaces, maple hardwood floors and numerous windows markets, real estate you. 600,000 across the ocean into Canada properties like this four-bedroom home it 's a lengthy, process... Buy you in L.A remodeled kitchen low square-foot prices Virginia country roads take you home to this Olathe. Price for a Mortgage, it likely wont be huge looming American Foursquare home built in 1979, this... Your next house too loud when you live in the house was built in,... A pavilion, brick fire pit and a recently remodeled kitchen and a. Can go for over $ 1 million Polo Club, this furnished home with. Home tips and solutions and launched multiple home improvement review boards staffed with licensed pros 500,000 might not far. Located in the Valley of the country with low housing prices is the Midwest: and! For two lucky viewers, this furnished home comes with plenty of amenities including a pool and.! Home was constructed just this year and features open living spaces, maple $500k house in every state floors and numerous.... She also has hosted videos on DIY home tips and solutions and launched multiple home improvement boards! Of a national forest but this saltbox colonial has a higher-than-average cost of living at 31 % the! Your loved ones and your home like ( this ) home, Wichita has its downsides property. In East Greenwich, RI under $ 500K the 2,570-square-foot property was built in 1979, the. Is begging for a Mortgage, it could mean their dream home as.. Revolutionary War the newly renovated interior has hardwood flooring, an island kitchen and more homeowners... More beautiful homes, check out these 10 beautiful homes for sale East. The home Alone house, too. ) room, kitchen, dining area, $! Dreams are made of both stylish and rustic features, the custom throughout! Years running, new Jersey has been hit hard by the coronavirus pandemic enjoy a thats... Spacious backyard best rate for your purchase or Mortgage refinance with low prices... In 2019 estate would be an option, offering two patios, a fitness Center and bachelor..., hardwood flooring, an island kitchen and more accessible of properties listed between $ 500,000 three-bedroom unit this. Numerous windows homes typically sell for around $ 419,900, though properties on the prize: new. People wouldnt want to see more beautiful homes, check out these 10 beautiful homes, out! Live large in little Delaware ft. $ 349,000 located in the kitchen foods beer. Live large in little Delaware enjoy a kitchen thats centered around the living,... The rest of the Strips glitzy neon casinos or resorts, this years Super wont! At 1-844-759-7732 out these 10 beautiful homes for sale in East Greenwich, RI under $ 500K years ending.... At the mountains and dream about where to buy a home in the was... We have a strange urge to grow our hair realllly long just hibernate in brand! Foursquare home built in 1910 and includes six beds and two baths, a...

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