When It Comes to Square Footage, the U.S. Is Cheap

Before you go, we thought you'd like these...
Before you go close icon
And if you don't believe us, check out this infographic, which compares the price-per-square foot of U.S. real estate to that of more than two dozen cities around the globe. At just over $1,000 per square foot, property in New York is downright cheap compared with Paris, London and Oslo. And at $54 a square foot, Houston housing is a drop in the oil bucket next to digs in Dubai.

Is it any wonder that in some U.S. cities, foreign investors are credited with keeping the housing market afloat?



Real Estate Infographic provided by CreditSesame.com

Also see:
U.S. Home Sales Up -- To Australians
Investors Prop Up Real Estate Market

10 PHOTOS
Buy a Decent House for $10,000 or Less
See Gallery
When It Comes to Square Footage, the U.S. Is Cheap

Location: Kansas City, Kan.
Price: $9,500
Beds/Baths: 2/1
Sq. Ft.: 966

This 966-square-foot gable-roofed box offers two bedrooms and one bathroom. Also part of the deal is a "very functional kitchen," according to the description. It "really wouldn't take much to get this home move-in ready." View the listing -- which has 11 photos -- here.  

Location: Garfield Heights, Ohio
Price: $9,900
Beds/Baths: 3/1
Sq. Ft.: N/A

You get three bedrooms, one bathroom, a covered porch -- even an attic dormer. This modest foursquare, built in 1920, is more put-together than you'd think for the price.

Location: Birmingham, Ala.
Price: $9,000
Beds/Baths: 2/1
Sq. Ft.: N/A

Two bedrooms, one bathroom and a patch of lawn in Birmingham, Ala., for $9,000. For more photos and details, see the listing

Location: South Bend, Ind. 
Price: $10,000
Beds/Baths: 3/2
Sq. Ft.: 2,000

The facade -- which includes a covered brick porch -- is presentable and the space, at 2,000 square feet, is generous. So how the heck does this home in South Bend, Ind., cost only 10 large? Well, the interior could use some work, as the listing photos show. But the other specs on this house still make it quite a deal. 

Location: Cincinnati, Ohio
Price: $9,000
Beds/Baths: 3/2
Sq. Ft.: 1,689

Cincinnati is another city that ranks high on the sub-$10,000 inventory list. This modest midcentury dwelling clocks in at 1,689 square feet, with three bedrooms and two baths. 

Location: Birmingham, Ala.  
Price: $8,500
Beds/Baths: 3/1
Sq Ft: N/A

This foreclosed three-bedroom in Birmingham is going for $8,500. The interior looks surprisingly clean and well-finished

Location: Montgomery, Ala. 
Price: $9,900
Beds/Baths: 3/1
Sq. Ft.: 1,301

Pay only $9,900 and you get three bedrooms, one bathroom and 1,301 total square feet for this puppy. Behind its light-blue exterior things are perfectly passable

Location: Boise, Idaho
Price: $7,500
Beds/Baths: 2/2
Sq. Ft.: 915

Another foreclosure, this condo asks only $7,500 but gives you two bedrooms, two bathrooms and your very own carport. We're looking at a measly $8 per square foot!

Location: Detroit, Mich.
Price: $9,900
Beds/Baths: 4/2
Sq Ft: 1,036

Built in 1935, this home is running for a price that belongs in the era of its style's heyday. 

See the listing

of
SEE ALL
BACK TO SLIDE
SHOW CAPTION +
HIDE CAPTION

More on AOL Real Estate:
Find out how to
calculate mortgage payments.
Find
homes for sale in your area.
Find
foreclosures in your area.
Finds homes for rent in your area.
Read Full Story

Find a New Home

Buy
Rent
Value
Powered by Zillow

From Our Partners