In Some Cities, $177,700 Can Still Buy Some House
3BR Home in Dayton, Ohio. List Price: $175,000
About two weeks ago, we published a post that described how crazy the real estate market in Las Vegas has become. Much of the madness is due to the fact that the median price for a home on the market in the Vegas area has dropped to about $135,000.
While the national median of $177,700 is not quite that low, it is still at bargain-basement levels by DC standards — or the standards of most major metropolitan areas for that matter.
U.S. News & World Report published an interesting piece recently that compared what $177,700 buys you in 10 U.S. cities. While intriguing in concept, the piece does not look at any zip code that would be considered a major metropolis by most people’s definition (Portland, Oregon is the largest city represented on the list). It would’ve been nice to see the difference between what that price gets you in DC or Chicago versus a moderate-sized city in middle America.
Despite that oversight, the article does give you the idea that $178K can still get you a fair amount of house in many places in the U.S. Even in DC you can still get a nicely appointed, new condo for that money, just not a three-bedroom split level.
UrbanTurf Listings showcases the DC metro area's best properties available for sale.
Most Popular... This Week • Last 30 Days • Ever
For this week's price-guessing game of homes in other metropolitan areas, we head... read »
Neighborhood Profiles more »
Deanwood: A Little Bit of Country Just Inside the District’s Borders
Amanda Abrams
August 25th | 5 Comments
Located east of the Anacostia River and just inside the District’s northeast border, Deanwood has... read »
- Deanwood: A Little Bit of Country Just Inside the District’s Borders
- Huntington: The Quiet Neighborhood By the Beltway
- NoMa: A Neighborhood Being Built from the Ground Up
- Hill East: Capitol Hill’s Lesser Known Neighbor
- Woodley Park: Deceptively Residential
Editor's Choice more »
Despite Shrinking Inventory, Financing for Condo Projects Hard to Come By
Ryan Holeywell
August 27th | 3 Comments
Over the past several months, the dark cloud that has hung over the DC area condo market since it... read »
- Despite Shrinking Inventory, Financing for Condo Projects Hard to Come By
- DC Real Estate’s Real Unicorn: One-Bedroom Houses
- The Heartbroken Buyer Syndrome
- Georgetown Landmark General Store Back on Market
- Unique Spaces: Sears Bungalow Gets a Modern Makeover
New Condo Profiles more »
14th and S Street Residential Project Likely to be Condos
Mark Wellborn
August 24th | 2 Comments
14th and You recently posted a very comprehensive preview of the 125-unit residential project that... read »
- 14th and S Street Residential Project Likely to be Condos
- Sponsored: New in Takoma Park—Affordable Condos with Amenities Aplenty
- Trevelyan House: Setting the Bar Higher
- Potomac Station: Condos Just Upstairs From the Neighborhood Deli
- The Matisse: Not Your Average Boutique Condo
The DC Condo Market more »
Despite Shrinking Inventory, Financing for Condo Projects Hard to Come By
Ryan Holeywell
August 27th | 3 Comments
Over the past several months, the dark cloud that has hung over the DC area condo market since it... read »
- Despite Shrinking Inventory, Financing for Condo Projects Hard to Come By
- Georgetown’s Wormley School to Begin Townhouse Phase
- Close-Out Price Reductions at The Lacey
- CityVista Down to Last Two Units
- DC Condo Prices Up, Inventory Down
Green Real Estate more »
UrbanTurf Reader Asks: What Effect Will Adding Solar Panels Have on the Value of My Home?
Mark Wellborn
September 2nd | 3 Comments
In this week's installment of UrbanTurf Reader Asks, a reader wonders what the long-term benefits... read »
- UrbanTurf Reader Asks: What Effect Will Adding Solar Panels Have on the Value of My Home?
- Unique Spaces: Frank Lloyd Wright Goes Green in Kensington
- 14th and U to Go Green
- How Much Energy Do You Use? Microsoft Hohm Will Tell You
- Unique Spaces: A Studio 27 Renovation on Capitol Hill
Deal of the Week more »
Deal of the Week: 720 Square Feet on the Cheap in Dupont
Mark Wellborn
August 9th | 10 Comments
In this week's installment of Deal of the Week, we find a corner one-bedroom co-op in Dupont Circle... read »
- Deal of the Week: 720 Square Feet on the Cheap in Dupont
- Deal of the Week: BBQing in Columbia Heights
- Deal of the Week: A Price Per Square Foot Special in Logan Circle
- Deal of the Week: Buy This With a Friend
- Deal of the Week: All Renovated in Mount Pleasant
Renting more »
The Inside Scoop on The Newseum Residences
Carisa Chappell
September 1st | 4 Comments
The Newseum Residences at the corner of 6th Street and Pennsylvania Avenue NW cater to news... read »
- The Inside Scoop on The Newseum Residences
- Four Takes on Tenant Rights in DC
- CityVista V Apartments Sold
- The Kennedy-Warren: The “Old Lady” of Washington
- Amateur Landlord: Picking the Right Tenant
Condo Buyers more »
Metropole Has Five Units Remaining
Mark Wellborn
August 25th | 0 Comments
UrbanTurf recently learned that the Metropole condominium in Logan Circle has just five units left... read »
- Metropole Has Five Units Remaining
- 14th and S Street Residential Project Likely to be Condos
- Sponsored: 5 Tips for Buying a Condo in Fall 2010
- Potomac Station: Condos Just Upstairs From the Neighborhood Deli
- The Matisse: Not Your Average Boutique Condo
Unique Spaces more »
Old Town General Store Becomes Three-Level Home
Jennifer Sergent
August 16th | 5 Comments
In this installment of Unique Spaces, we head over to Old Town, Alexandria where a general store... read »
- Old Town General Store Becomes Three-Level Home
- Sears Bungalow Gets a Modern Makeover
- Frank Lloyd Wright Goes Green in Kensington
- Throwing a Curve at 550 Square Feet
- The Bank that Became a Home
DC Buyer more »
DC Physician Looking for Traditional Two-Bedroom Home
Martin Smith
August 6th | 12 Comments
In this week's DC Buyer, we are working with Nioke, a 32 year-old physician who currently rents in... read »
UrbanTurf Reader Asks more »
What Effect Will Adding Solar Panels Have on the Value of My Home?
Mark Wellborn
September 2nd | 3 Comments
In this week's installment of UrbanTurf Reader Asks, a reader wonders what the long-term benefits... read »
What X Buys You more »
What Does $625K Buy You in DC?
Rebecca Ortega
August 30th | 7 Comments
In place of Best New Listings this week, we look at properties in the $625,000 range to give... read »
Best New Listings more »
Best New Listings: End of August Edition (Week of Aug 23rd)
UrbanTurf Staff
August 23rd | 0 Comments
The end of August usually offers slim pickings in terms of new real estate hitting the market, but... read »
- Best New Listings: End of August Edition (Week of Aug 23rd)
- Best New Listings: Dupont Circle and Columbia Heights (Week of Aug 8th)
- Best New Listings: Mount Pleasant and Chevy Chase (Week of Aug 2nd)
- Best New Listings: The Numbered Streets Edition (Week of Jul 25th)
- Best New Listings: Adams Morgan and Capitol Hill (Week of Jul 19th)
Luxury Real Estate more »
$220 Million = World’s Most Expensive Home
Mark Wellborn
August 13th | 1 Comment
A home buyer recently paid the equivalent of $220 million for a six-bedroom penthouse in London,... read »
1 Comment
OMG… Rutland? It’s also sarcastically known as Rut Vegas. Look here for a picture of me from a visit there a few months ago:
http://tiny.cc/qyFff