WASHINGTON — When stacked against states, you’ll get the least amount of living space in the country for $300,000 in the District.
Gobankingrates.com studied median $300,000 sales in D.C. and all 50 states on Zillow to determine the average square footage of each of those sales.
It says in the District, $300,000 buys you, on average, 603 square feet — a large studio or a small one-bedroom.
The report does not include data for square-footage buying power across the entire Washington metro area.
The District tops even Hawaii, where $300,000 buys, on average, 625-square feet.
Maryland ranks No. 40 on the list, where $300,000 buys an average 1,816 square feet of home. Virginia comes in at No. 30, at 2,071-square-feet.
Where does $300,000 buy the most living space? Indiana tops the list, at an average 3,478 square feet.
Again, these are statewide averages, and do not necessarily reflect higher-cost metro centers in each state.
Here are Gobankingrate.com’s 10 most expensive states (D.C. included), based on residential cost-per-square-foot:
- District of Columbia: 603 square feet
- Hawaii: 625 square feet
- California: 1.066 square feet
- Massachusetts: 1,327 square feet
- Colorado: 1,471 square feet
- Oregon: 1,588 square feet
- Rhode Island: 1,635 square feet
- New York: 1,664 square feet
- Washington: 1,694 square feet
- Montana: 1,779 square feet
You can see the entire state list on gobankingrates.com’s website.
