How Much House Can You Buy For One Dollar?

According to Zillow, the current US median home price is $218,000. That means if you have (on average) 218,000 dollars, you can buy a home.

But how much home can you buy for a single dollar?

Zillow recently explored how much house you can buy for one dollar in the current market conditions. Currently, a dollar will buy you 1.07 square inches of space in a typical US home. That’s down slightly from 1.2 square inches in 2008—and less than half of what a dollar would buy you in 1998 at 2.1 inches.

The Takeaway

If you’ve been thinking about selling your home, now is a great time to do it—because a dollar buys less house today than it did a decade ago (and even less than it did two decades ago), which means potential buyers have to use more dollars to purchase your whole home.

Want to find the home of your dreams?

The Ultimate Home Buyer's Guide
What you can expect, from start to finish!

By Charlotte Snyder
Your Local Real Estate Expert

And also get it at the best price possible? Then download your free copy of this guide: The Ultimate Home Buyer's Guide

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