10 homes you can buy for $450,000
How much house can you buy for $450,000?
That depends on where you're shopping.
These homes are about 2.4 times more expensive than the national median home value of $189,400, according to Zillow. However, in some metro areas like New York City they still fall below the median home value for their neighborhoods. In these relatively expensive markets, you'll probably find your choices limited to smaller spaces (think studios or one-bedroom units).
But if you expand your search to less expensive areas like Detroit, you could find a large historic home with your name on it.
Click ahead to see how much house you can buy for $450,000 in 10 cities across the country.
New York, New York
This one-bedroom, one-bathroom co-op on Manhattan's Upper West Side is for sale for $450,000. It last sold in September 2013 for $386,000, about 86 percent of the current price. It costs less than half of the area's median home value of $1,004,200.
New York, New York
This home is located in a pre-war building with a 24-hour doorman, porters, new laundry facilities, a storage room and a bike room. The unit itself has herringbone wood floors, a breakfast bar, granite countertops and two closets in the bedroom.
Los Angeles, California
This two-bedroom, two-bathroom condo in LA's Pico-Union neighborhood is for sale for about $450,000. It last sold in April 2012 for $292,002, about 65 percent of the current price. It is about 22 percent less expensive than the area's median home value of $579,900.
Los Angeles, California
The 880-square-foot unit was built in 2009 and comes with two parking spaces in the building's underground parking lot. It also has exposed brick walls, hardwood floors and in-unit laundry.
Atlanta, Georgia
This three-bedroom, two-bathroom bungalow in Atlanta's Grant Park neighborhood is for sale for about $450,000. It last sold in September 2010 for $265,000, about 59 percent of the current price. It is 1.8 times more expensive than the area's median home value of $249,000.
Atlanta, Georgia
The 1,647-square-foot home was built in 1915 and has pine floors, several fireplaces, a front porch, a back deck and a kitchen skylight.
Chicago, Illinois
This three-bedroom, 2.5-bathroom townhome in Chicago's South Loop is for sale for about $450,000. It last sold in May 2007 for $542,000, about 120 percent of the current price. It is about 1.8 times more expensive than the area's median home value of $248,000.
Chicago, Illinois
The four-level home has an attached two-car garage, a gas fireplace, hardwood floors, a balcony and a deck.
New Orleans, Louisiana
This one-bedroom, one-bathroom condo in the French Quarter is for sale for $450,000. It last sold in November 2015 for $425,000, about 94 percent of the current price. It is about 11 percent more expensive than the area's median home value of $407,000.
New Orleans, Louisiana
The 712-square-foot home has exposed brick walls, hardwood floors, two brick fireplaces and French doors opening onto a balcony. It also comes fully furnished.
Denver, Colorado
This five-bedroom, four-bathroom house in Denver's Gateway - Green Valley Ranch area is for sale for about $450,000. It last sold in May 2014 for $300,600, about 67 percent of the current price. It is about 1.6 times the area's median home value of $274,000.
Denver, Colorado
The 3,426-square-foot-home has a finished basement, a three-car garage, living room wired for surround sound, rooftop solar panels and a fenced backyard with a covered patio and extended deck.
Detroit, Michigan
This five-bedroom, 2.5-bathroom house in Detroit's Virginia Park area is for sale for $450,000. It is nearly 10 times the area's median home value of $45,900.
Detroit, Michigan
The 4,500-square-foot home was built in 1912 and was recently renovated, according to the listing. It has a fireplace, hardwood floors, a breakfast nook, sunroom and second-floor rear balcony. There's also a detached three-car garage on the property.
Madison, Wisconsin
This five-bedroom, 4.5-bathroom house in Madison's Greentree neighborhood is for sale for $450,000. It was built in 1991 and is about 70 percent more expensive than the area's median home value of $264,700.
Madison, Wisconsin
The 4,112-square-foot home has a living room with large windows, a fireplace, built-in shelving, and a separate apartment. The attached garage is large enough for six vehicles.
Raleigh, North Carolina
This five-bedroom, 3.5-bathroom new construction home in Northwest Raleigh is for sale for about $450,000. It is about 42 percent more expensive than the area's median home value of $316,900.
Raleigh, North Carolina
The 3,600-square-foot house has a master bedroom with two walk-in closets, hardwood floors, a fireplace, quartz kitchen countertops, a screened-in porch and a two-car garage.
Phoenix, Arizona
This three-bedroom, two-bathroom house in Phoenix's South Mountain neighborhood is for sale for $450,000. It last sold in September 2003 for $304,480, about 68 percent of the current price. It is about 2.82 times more expensive than the area's median home value of $159,600.
Phoenix, Arizona
The 2,430-square-foot house has tile floors, a fireplace, built-in media center, two-car garage and a landscaped backyard with a pool, waterfall, water slide, covered patio and metal spiral staircase leading up to a rooftop balcony.