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What $400,000 Will Buy in This Real Estate Market

Hot deals in the housing market are here. You bet, experts are saying, it's a buyer's market. Reduced prices will make your money go further, and according to real estate expert Barbara Corcoran, "You definitely get an extra bedroom and bath in almost every market." Bankrate researched what $400,000 will buy today by looking at homes currently for sale in 24 cities across the country. Here's a sampling of what kind of home you could purchase with that chunk of change.

Location Suburb/Metro Square Footage Beds / Baths Acres
Bronx, NY Borough 1,000 2 bd / 1ba n/a (condo)
Chula Vista, CA Suburb of San Diego 1,730 3 bd / 2.5 ba .11
Houston, TX Suburb of downtown 2,482 3 bd / 2.5 ba .06
Denver, CO Suburb of Denver proper 3,441 4 bd / 3.5 ba .125
McDonough, GA Suburb of Atlanta 5,200 4 bd / 3.5 ba 13

See what $400,000 will buy in five more places when you


Location Suburb / Metro Square Footage Beds / Baths Acres
Conshohocken, PA Suburb of Philadelphia 2,000 3 bd / 2.5 ba .07
Branson, MO Suburb 2,842 4 bd / 2 ba .25
Aberdeen, SD Suburb 3,372 4 bd / 3 ba 1.3
Cabot, AR Suburb of Little Rock 5,180 5 bd / 4 ba 5
Seattle, WA Metro 2,200 4 bd / 2.5 ba .08


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