Homeowners who love supersized homes may want to head to Scranton, Pa. Realtor.com® ranks Scranton as the top city to find the biggest bargains on big homes in the country.
Nationwide, a home of over 3,000 square feet will cost $589,700, or about $147 per square foot, according to realtor.com®. In Scranton, however, the median list price of a home over 3,000 square feet is $379,900, or $94.99 per square foot.
Realtor.com® researchers analyzed listings in the first six months of the year to calculate the price per square foot for homes of 3,000 square feet or more, limiting their rankings to one metro per state to ensure geographic diversity. The following places are where buyers can find the lowest cost per square foot on a large home:
1. Scranton, Pa.
- Median price per square foot for large homes: $94.99
- Median list price on homes over 3,000 square feet: $379,900
- Share of homes over 3,000 square feet: 14.9%
- Median price per square foot for large homes: $99.54
- Median list price on homes over 3,000 square feet: $372,900
- Share of homes over 3,000 square feet: 24.1%
- Median price per square foot for large homes: $100.66
- Median list price on homes over 3,000 square feet: $445,000
- Share of homes over 3,000 square feet: 42.0%
- Median price per square foot for large homes: $101.37
- Median list price on homes over 3,000 square feet: $380,200
- Share of available homes over 3,000 square feet: 4.9%
- Median price per square foot for large homes: $102.24
- Median list price on homes over 3,000 square feet: $375,000
- Share of homes over 3,000 square feet: 26.9%
- Median price per square foot for large homes: $103.98
- Median list price on homes over 3,000 square feet: $373,600
- Share of homes over 3,000 square feet: 27.3%
Source:
“Mansion Dreams on a Cabin Budget: Top 10 Cities Where Big Homes Are a Bargain,” realtor.com® (Aug. 6, 2018)
