10 homes you can buy for $200,000
Want to get a sense of what the "average" American home has to offer? The $200,000 price range is a good place to start looking.
In downtown Atlanta, $200,000 can buy a 809-square-foot condo with hardwood floors and granite countertops. In Baltimore, it can buy a 1,125-square-foot house with stainless steel appliances and a finished basement. The listings for $200,000 homes often boast recent renovations that bring these properties up-to-date with new floors, paint and appliances.
That's not to say these homes aren't unique. Depending on where you search, $200,000 could get you a secluded log cabin or a condo with a spa-like master bath. Despite being just $1,900 less than the current national median home value, which is currently $201,900 according to Zillow, getting the most bang for your buck at this price is all about finding the right location.
In midsize cities like Indianapolis, $200,000 could buy a 2,749-square-foot house, but in the Bronx that budget is more likely to buy a 900-square-foot apartment.
Click ahead to see what you can buy for $200,000 in 10 cities across the country.
New York, New York
This two-bedroom, one-bathroom co-op in the Bronx is for sale for $200,000. It was built in 1960 and is about 59 percent less expensive than the area's median home value of $487,500.
New York, New York
The 900-square-foot co-op has a jetted tub with a spa-like shower system, a double closet in the master bedroom and refinished hardwood floors throughout.
Houston, Texas
This four-bedroom, three-bathroom house in Houston is for sale for $200,000. It last sold in December 2012 for $140,000, 30 percent less than the current sale price. It was built in 1983 and is about 7 percent less expensive than the area's median home value of $215,200.
Houston, Texas
The 2,575-square-foot house has tile floors throughout the first floor and laminate wood floors throughout the second floor. It has a detached two-car garage and a fenced-in backyard.
Indianapolis, Indiana
This four-bedroom, three-bathroom house in the South Perry neighborhood of Indianapolis is for sale for $200,000. It was built in 2004 and is about 53 percent more expensive than the area's median home value of $130,300.
Indianapolis, Indiana
The 2,749-square-foot house has a master suite with a walk-in closet and a bathroom with a jetted tub. It is next door to a playground and has community pool access.
Tacoma, Washington
This two-bedroom, one-bathroom house in Tacoma, Washington, is for sale for about $200,000. It last sold in July of this year for $112,219, about 44 percent less expensive than the current sale price. It was built in 1926 and is about 14 percent less expensive than the area's median home value of $232,700.
Tacoma, Washington
The 920-square-foot house has a covered parking space and a finished attic. According to the listing, the home has "new countertops and floors," as well as "newer" carpet and paint.
Atlanta, Georgia
This one-bedroom, one-bathroom condo in downtown Atlanta is for sale for about $200,000. It was last sold in May 2000 for $145,800, about 27 percent less expensive than the current sale price. It was built in 1974 and is about 15 percent less expensive than the area's median home value of $234,300.
Atlanta, Georgia
The 809-square-foot, industrial-style condo has hardwood floors, granite counters and upgraded kitchen cabinets, according to the listing. The building features one gated, covered parking space and access to a fitness center with an outdoor pool.
Boise, Idaho
This two-bedroom, one-bathroom house in Boise, Idaho, is for sale for $200,000. It was built in 1995 and is about 31 percent less expensive than the area's median home value of $288,900.
Boise, Idaho
The 1,184-square-foot log cabin is on about 10 acres of relatively secluded land. The house has a 1,000-gallon water tank that pumps well water. It's wired for electricity, but currently operates using a generator.
Elk Grove, California
This two-bedroom, one-bathroom house in Elk Grove, California -- about 15 miles south of Sacramento -- is for sale for about $200,000. It was built in 1925 and is about 19 percent less expensive than the area's median home value of $246,800.
Elk Grove, California
The 738-square-foot house has been recently remodeled, according to the listing, with fresh paint, carpeting, tile and wood-laminate floors. It has a front porch and a fenced-in backyard.
Chicago, Illinois
This two-bedroom, two-bathroom condo in the Rogers Park neighborhood of Chicago is for sale for about $200,000. It last sold in April 2015 for $156,000, about 22 percent less expensive than the current sale price. It is about 34 percent more expensive than the area's median home value of $149,300.
Chicago, Illinois
The 1,000-square-foot condo has in-unit laundry, stainless steel appliances and includes one gated parking space. Bike storage and a storage locker are included in the building.
Baltimore, Maryland
This four-bedroom, two-bathroom house in Baltimore is for sale for $200,000. It last sold in December 2015 for $75,000, less than half of the current sale price. It was built in 1948 and is right in line with the area's median home value of $203,300.
Baltimore, Maryland
The 1,125-square-foot house is "fully renovated," according to the listing. It has stainless steel appliances and a finished basement.
Salem, Oregon
This three-bedroom, one-bathroom house in Salem, Oregon, is for sale for about $200,000. It last sold in March 2013 for $103,400, just over half the current sale price. It was built in 1910 and is about 4 percent more expensive than the area's median home value of $191,900.
Salem, Oregon
The 964-square-foot house has an open kitchen, granite countertops and bamboo flooring. It has a laundry room with a separate entrance, a front porch and a backyard patio with a fire pit.