Many Americans are looking to get into owning real estate. It is really the best investment option for your money. Whether you want to purchase your first home, buy a new home or an investment property, the real estate market can be vastly different depending on where you are looking. This infographic from rate.com shows just how far one million dollars can go in cities across the US. You can also see just how different square footage can run from city to city. For example: In Youngstown, Ohio you could buy over 33 houses for the same price that you could get just 238.32 square feet in Palo Alto, California. Below you will see the top 5 cities where one million will get you the most per square foot and the top 5 cities where one million will get you least per square foot.
Top 5 Cities Where You’ll Get the Most Square Feet for $1 Million
1. Flint, MI, real estate: 33,333.33 square feet for $1 million
2. Youngstown, OH, real estate: 27,027.03 square feet for $1 million
3. Detroit, MI, houses: 25,000 square feet square feet for $1 million
4. Gary, IN, houses: 22,727.27 square feet for $1 million
5. Danville, VA, real estate: 19,230.77 square feet for $1 million
Top 5 Cities Where You'll Get the Least Square Feet for $1 Million
1. Palo Alto, CA, real estate: 238.32 square feet for $1 million
2. New Rochelle, NY, real estate: 239.98 square feet for $1 million
3. Cupertino, CA, real estate: 286.78 square feet for $1 million
4. Santa Maria, CA, real estate: 418.41 square feet for $1 million
5. Minot, ND, real estate: 471.25 square feet for $1 million
Infographic by: rate
