According to a recent study by GoBankingRates, California is the third most expensive state in terms of housing costs, with a median listing price of $468 per square foot. The study illustrates how much home buyers can expect for different budgets, revealing that $300,000 could procure a 641-square-foot home, while $400,000 would afford a home of approximately 854 square feet. It highlights significant regional variations in pricing within California, impacting the square footage buyers can obtain across areas like Sacramento, San Luis Obispo County, Modesto, and Fresno.
According to GoBankingRates, California ranks as the third most expensive state for housing prices, with a median listing cost of $468 per square foot.
Hawaii leads the nation in home prices at $678 per square foot, while Massachusetts follows at $506 per square foot.
The GoBankingRates study illustrates what prospective buyers can afford: $300,000 buys a 641-square-foot home in California.
Housing prices vary greatly depending on locations within California, with different square footage available for similar price ranges across various cities.
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