Massachusetts is one of the most expensive states for real estate based on price per square foot, a recent study from PortlandRealEstate.com found.
The website analyzed average home prices and average home sizes in each state to come up with its rankings.
Massachusetts was No. 3 overall, with an average home price of $799,000 and an average home size of 1,914 square feet, which comes out to about $417 per square foot.
Hawaii had the highest price per square foot, at an average of $681. West Virginia had the least expensive price per square foot, at $133.
The top 10 most-expensive states for real estate, based on average price per square foot, according to the study:
- Hawaii, $681 per square foot
- California, $425
- Massachusetts, $417
- New York, $416
- Rhode Island, $325
- Washington, $315
- New Jersey, $310
- Montana, $309
- Oregon, $302
- Colorado, $287
The five least-expensive states were:
- West Virginia, $133
- Mississippi, $142
- Ohio, $147
- Kansas, $150
- Arkansas, $152
Feeling stressed out by the above sq. ft. stats? You’re not alone. According to a new Gallop Poll, Massachusetts ranked as the 5th most stressed State with 40% or more people reporting being stressed out.