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 [1] 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 |
Source [2]