There's One State Where $300K Buys an Average-Size Home

The average new family home in the US is 2,180 square feet—but there's only one state where the average buyer can find a home that size for $300,000, Digg reports. GOBankingRates looked at median home prices per foot in all 50 states and found that West Virginia is the most affordable. Somebody with $300,000 could buy a 2,185-square-foot home in the state, while that budget would only stretch to 443 square feet in Hawaii, smaller than most studio apartments. The five most affordable states for somebody with a budget of $300,000:

1. West Virginia. 2,185 square feet.
2. Kansas. 1,894 square feet.
3. Alabama. 1,876 square feet.
4. Mississippi. 1,855 square feet.
5. Oklahoma. 1,793 square feet.

And the most expensive:

1. Hawaii. 443 square feet.
2. Massachusetts. 593 square feet.
3. California. 641 square feet.
4. New York. 787 square feet.
5. New Jersey. 969 square feet.

(More home prices stories.)