The national median home price among all housing types was $183,900 in September, the latest data available from the National Association of Realtors. What can you get for that price?
We scoured our listings database for a sampling of homes on the market with asking prices close to the national median sales price for existing homes. You might be surprised at how much house it buys.
In most areas you can find a sizable single-family home, and in areas where prices have been particularly hard hit by the housing bust, you can get something close to a mansion. Of course, in larger urban areas like New York or Los Angeles, it won't buy much space.
Click through the gallery below to get an idea of the kinds of homes that are out there for around the national median home price of $183,900.
This beautiful condo has sweeping, open spaces -- so much so that you'll feel like you're living in your own detached single-family home! The homeowners association fees have been reduced, according to the listing, and the home juts up against the vast greenery of Forest Park. And not to forget location, location, location: It's only 10 minutes to the downtown area.
Look how much house you can get in Dallas for $4,000 less than the national median home sales price! You're getting almost double the square footage as in the Portland home. This spacious pad has been updated, the listing says, and includes a tiled kitchen, large backyard and spacious patio.
It "starts with the curb appeal on this professionally landscaped corner lot," the listing says. There's a finished basement with an extra bedroom and bathroom if you need more living space. The home has a huge backyard with two patios, a storage shed and a privacy fence. Inside, there's an open, flowing floor plan.
Location:New York Price: $189,999 Beds/baths: 2/2 Sq. ft.: 1,100
Hey, it's New York. While prices around the national median home price might buy you some pretty significant homes in a lot of cities around the country, that can't necessarily be said for the Big Apple. But still, this co-op apartment is a pretty good deal for what's available at this price point in Manhattan. It has a decent size with open rooms, and it's in an elevator building -- something not to be taken for granted in New York City! The living room has been converted to include a smaller room that can be used as a third bedroom or office.
Detroit was one of the cities hardest hit by the housing bust, and prices have taken an alarmingly steep dive. Of course, that's not a bad thing for homebuyers. For the national median home price, you can practically buy a mansion in Detroit. This spacious brick Tudor is "move-in ready," according to the listing. The three-floor home has a living room with fireplace and a library with built-ins. There's a finished rec room with a wet bar, a "dance area" and laundry facilities. There is one little catch: Some of the interiors may need updating.
Location:Los Angeles Price: $185,000 Beds/baths: 2/1 Sq. ft.: 676
Recently refurbished, this single-family home has a kitchen with gorgeous granite countertops, an updated bathroom and a large lot with front and rear access to parking. There's also a partially covered garage.
With a separate living and dining room and a den/office, this home is perfect for a first-time buyer, the listing says. The roof is fairly new, and the backyard is completely fenced in for ultimate privacy.
A "perfect starter home," the listing says, this house has an open floor plan, a main-floor office and a large kitchen. The home is owned by the U.S. Department of Housing and Urban Development, so the buyer must take it as-is.