Have you ever dreamt of finding your perfect home, but worried the price tag might be out of reach? Believe it or not, $500,000 can open doors to a wider variety of houses than you might think, depending on location. We’ve gone through extensive real estate listings across the country to findout the exciting possibilities that await in each state. From charming bungalows to sprawling ranches, this guide lists the top ten types of houses you can snag for $500,000 in all fifty states. So, get ready to explore your dream home options, no matter where you set your sights.
Alabama
Alabama is a Southeastern United States state that abodes to significant leading light from the American Civil Rights Movement. Tennessee is to the north, Georgia to the east, and Mississippi to the west of Alabama.
If we talk about the average cost to live in Alabama it’s up to $39,657 per adult per year but here we have to know about the cost of houses in Alabama. Most houses near about cost $500k and mostly have four bedrooms and three and a half bathrooms in them. Location matters a lot as houses in cities cost a lot while houses in urban areas have average prices.
Alaska
Alaska is a U.S. state on the northwest edge of the western hemisphere and is worldwide famous for its native culture. Another specialty of Alaska is that it can’t differentiate between day and night in the winter. The average Alaska home value is $354,563. A common misconception that outsiders have about Alaska is that everyone lives in Igloo.
The cost of living in Alaska is 29% above the national average. Life there is cold, but it’s far from boring. Houses in Alaska usually have specifications like an open floor plan, brand-new roofs, windows, adorable floors, and hot tubs in the backyards. There are three bedrooms, three bathrooms, and 1773 square feet of land.
Arizona
Arizona is a southwestern U.S. state famous for the Grand Canyon, an abysmal chasm carved by the Colorado River. Its sunny weather, and beautiful desert landscapes—everything is beautiful in Arizona. It comprises 91 incorporated cities and towns. The cost of living in Arizona is so reasonable.
The medians homes values are $225,500. Houses in some parts are even cheaper. Average houses in Arizona consist of 4 bedrooms with affixed bathrooms. Enormity covers an area of 1,688 square feet on a 2,614-foot lot. An average apartment contains almost two car porches and big backyards to enjoy the sun.
Arkansas
Arkansas is the 29th largest state by area. It is also famous for being populous, and well-known for abundant parks and wilderness areas, with terrain circumscribing mountains, caves, and rivers. Encircled by Missouri, Mississippi, and Tennessee. A great place to dwell in and play.
The people there are friendly, and the mild climate, healthy food, and panoramic views attract people to live there. Houses in Arkansas are outstanding, and prices are dropping despite that. The average house has four bedrooms, one bathroom, and 3,468 square feet. Houses cover thousands of acres, with ground pools and wood-burning fireplaces.
Delaware
It is a small mid-Atlantic US state that borders the Peninsula. Delaware is a tax-free state. The climate there is humid and temperate. Average snowfall is the main reason people intend to live there.
Delaware houses are round and are known as “wigwams.” Home prices there are also dropping. Standard houses have three bedrooms and two bathrooms, covering an area of 2,152 square feet.
Georgia
Georgia Atlanta is the 24th largest state in the area and is on the eighth list if we talk about population. It’s an extremely safe country with the lowest crime rate. The cost of living in Georgia is quite low, almost 11% lower than the average living rate.
Recently, the prices of Georgia’s houses rose a bit from $367,000 to $392,000. High-quality houses cost $500,000 and have four living rooms with connected bathrooms.
Hawaii
Hawaii is in the western USA, about 2000 miles from the mainland in the Pacific Ocean. It’s famous for legendary beaches with unusual colors, e.g., white, green, red, and pink sand. Here is also the black one. Enriched with natural resources like climate, soil, vegetation, and surrounding oceans.
Moreover, sand, soil, gravel, and rock are useful for constructing incredible houses and buildings. Houses have hardwood floors, sweeping garages with sunset and sunrise views, and open beamed ceilings. Three bedrooms and two bathrooms occupy the area of a 27-acre lot. Outstanding housing in the $500k range is quite reasonable.
Idaho
Idaho is a U.S. state famous for mountainous landscapes and broad swaths of protected wilderness and outdoor recreation areas. It is well-known for potatoes, trout, and costly precious stones, plus its unspoiled, rugged landscapes. Idaho is an exemplary state because of its low cost of living, robust economy, lowest crime rate, and exciting outdoor adventure scenarios. An average house comprises of three bedrooms, two connected bathrooms, and 1,212 square feet over the immense area of a 27-acre lot.
Illinois
It is a Midwestern state, edging Indiana in the east and the Mississippi River in the west. The pet name of Illinois is The Prairie State, covered by hills and forests. The genuine home value in Illinois is $257,738, and the median sale price is $226,000.
Quality houses there cost $499,500 up to $500,000. A house with five bedrooms, two living rooms, and four bathrooms on a 4,735-square-foot, 4.77-acre lot is a big deal.
Kansas
It is in the Midwestern United States; its capital is Topeka, and its largest city is Wichita. It is popular for its vast prairies, rolling hills, and natural glamour. The city is so reasonable, and the prices of the houses initialise at $146,000, which is incredibly low compared to the rest of the states of the United States.
Low-cost residences there owns the reason, winters are mild there while summers get pretty warm. The midpoint prices of the houses are up to $510,000, and the houses contain over a 1-acre lot. The houses have seven bedrooms, each with a connected bathroom. The basement system is prioritised here.
Conclusion
Houses in all states occupy large areas spread over many acres, but the construction of the houses is according to the fluctuation of the weather. In areas are more rooms, while those areas with less cold have houses with open or grilled ceilings so that sunlight can spray out glimpses over there. Hence you can buy such kinds of houses in each state.
FAQs
What is the most luxurious type of house?
Mansions (massive estates) or historically significant homes (castles, chateaus) offer grand living spaces, top-tier materials, and often unique features, making them strong contenders for the title.
What is the most common house type in the United States?
Single-family homes reign supreme in the US, making up around 79% of purchases. These detached dwellings offer privacy, yards, and the freedom to personalize your space.
What is the average price of a house in the in the USA?
Median sale price of an existing US home hovered around $387,600 in late 2023. This means half the houses sold for more, and half for less.
How much does a 3 bedroom house cost in the USA?
The cost of a 3 bedroom house in the USA varies greatly depending on location. However, a nationwide estimate for a 3-bedroom house would be around $450,000.
