Are you house hunting? If you want to get the best bang for your buck, you’re in the right state.
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GoBankingRates.com recently conducted a study to determine how much home you can buy in every state and Washington, D.C., for a few hundred thousand dollars. To do so, its experts used Zillow to collect data on median list prices and the amount of square footage you can snag for $300,000. Taxes, fees and other homebuying costs were not included in the assessment.
After analyzing the results, they found you can get the most home for you buck in Mississippi. You can purchase a 3,402-square-feet pad for $300,000.
West Virginia came in second place. The median list price per square foot is about $96, so you can snatch up a 3,121-square-feet residence there.
As for Georgia, the state placed in the top 10 at No. 9 on the list. The researchers noted the median list price per square foot has been steadily increasing since 2017. However, you can still buy a 2,521-square-feet dwelling. The median price per square foot is about $109.
Want to know know how other areas fared? Take a look at the list below.
Top 10 states where you can get the most home for $300,000:
1. Mississippi - 3,207 square feet
2. West Virginia - 3,121 square feet
3. Arkansas - 3,202 square feet
4. Oklahoma - 2,875 square feet
5. Indiana - 2,844 square feet
6. Alabama - 2,827 square feet
7. Ohio - 2,790 square feet
8. Kentucky - 2,599 square feet
9. Georgia - 2,521 square feet
10. Missouri - 2, 519 square feet
Here’s the bottom 10:
51. District of Columbia - 556 square feet
50. Hawaii - 570 square feet
49. California - 933 square feet
48. Massachusetts - 1,142 square feet
47.Colorado - 1,213 square feet
46. Washington - 1,286 square feet
45. Oregon - 1,386 square feet
44. New York - 1,452 square feet
43. Rhode Island - 1,454 square feet
42. Montana - 1, 476 square feet
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