What $250K Buys In Different U.S. Cities
March 28, 2012 by staff
What $250K Buys In Different U.S. Cities, Real estate is local, even during a national recession that has caused a bottoming of the U.S. housing market.
Whether buyers are scouring the Denver real estate market for deals or peeking at Indianapolis homes for sale, what home shoppers can get for their money varies greatly depending on where they’re looking.
Here are some housing gems in a price range about $100k above the U.S. median home value, which currently hovers around $146,900.
With interest rates for 30-year fixed mortgages continuing at less than 3.8 percent, a price point of $250,000 seemed a sweet spot to demonstrate what the market’s like for potential home shoppers.
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