Special Report

How Much Home You Can Buy for 200K in Every State

Source: Jacob Boomsma / iStock via Getty Images

South Dakota
> Median size of a $200k house: 1,242 sq. ft. (15th smallest)
> Median size of all homes 1,440 sq. ft. (3rd smallest)
> Median rooms per house: 5.9 rooms (9th most — tied)
> Median home value: $185,000 (17th lowest)
> Median household income: $59,533 (18th lowest)

Source: Barry Richards / iStock via Getty Images

Tennessee
> Median size of a $200k house: 1,538 sq. ft. (13th largest)
> Median size of all homes 1,632 sq. ft. (22nd largest)
> Median rooms per house: 5.6 rooms (22nd most — tied)
> Median home value: $191,900 (18th lowest)
> Median household income: $56,071 (9th lowest)

Source: fstop123 / E+ via Getty Images

Texas
> Median size of a $200k house: 1,623 sq. ft. (10th largest)
> Median size of all homes 1,781 sq. ft. (4th largest)
> Median rooms per house: 5.3 rooms (7th fewest — tied)
> Median home value: $200,400 (22nd lowest)
> Median household income: $64,034 (22nd highest)

Source: stevecoleimages / iStock via Getty Images

Utah
> Median size of a $200k house: 1,140 sq. ft. (8th smallest)
> Median size of all homes 1,832 sq. ft. (the largest)
> Median rooms per house: 6.3 rooms (the most)
> Median home value: $330,300 (10th highest)
> Median household income: $75,780 (11th highest)

Source: RobertCrum / iStock via Getty Images

Vermont
> Median size of a $200k house: 1,341 sq. ft. (22nd smallest)
> Median size of all homes 1,695 sq. ft. (12th largest)
> Median rooms per house: 5.5 rooms (15th fewest — tied)
> Median home value: $233,200 (24th highest)
> Median household income: $63,001 (25th lowest)

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.