How much house does $500,000 buy you in Hanford?
Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Hanford?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Hanford right now. Listings below $500,000 were included if necessary.
822 N Douty St, Hanford, CA 93230
- Price: $475,000
- 6 bedrooms, 4 bathrooms
- Square feet: 3,348
- See 822 N Douty St, Hanford, CA 93230 on Redfin.com
641 Vista Ct, Lemoore, CA 93245
- Price: $485,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,535
- See 641 Vista Ct, Lemoore, CA 93245 on Redfin.com
845 E Redwood Cir, Hanford, CA 93230
- Price: $470,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,161
- See 845 E Redwood Cir, Hanford, CA 93230 on Redfin.com
882 E Encore Dr, Hanford, CA 93230
- Price: $475,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,088
- See 882 E Encore Dr, Hanford, CA 93230 on Redfin.com
332 E Ash Ave, Hanford, CA 93230
- Price: $435,000
- 4 bedrooms, 3 bathrooms
- Square feet: 1,876
- See 332 E Ash Ave, Hanford, CA 93230 on Redfin.com
2483 Aspen St, Hanford, CA 93230
- Price: $475,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,407
- See 2483 Aspen St, Hanford, CA 93230 on Redfin.com
1542 West Dr, Hanford, CA 93230
- Price: $460,730
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,266
- See 1542 West Dr, Hanford, CA 93230 on Redfin.com
1542 West Dr, Hanford, CA 93230
- Price: $460,730
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,266
- See 1542 West Dr, Hanford, CA 93230 on Redfin.com
2459 W Hampton Dr, Hanford, CA 93230
- Price: $500,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,251
- See 2459 W Hampton Dr, Hanford, CA 93230 on Redfin.com
1518 West Dr, Hanford, CA 93230
- Price: $451,230
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,105
- See 1518 West Dr, Hanford, CA 93230 on Redfin.com
1518 West Dr, Hanford, CA 93230
- Price: $443,230
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,105
- See 1518 West Dr, Hanford, CA 93230 on Redfin.com
575 Encore Dr, Hanford, CA 93230
- Price: $462,500
- 4 bedrooms, 2 bathrooms
- Square feet: 10,485
- See 575 Encore Dr, Hanford, CA 93230 on Redfin.com
285 W Ash Ave, Hanford, CA 93230
- Price: $435,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,111
- See 285 W Ash Ave, Hanford, CA 93230 on Redfin.com
1131 Paradise Dr, Lemoore, CA 93245
- Price: $490,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,111
- See 1131 Paradise Dr, Lemoore, CA 93245 on Redfin.com
525 Mallard Ave, Lemoore, CA 93245
- Price: $439,000
- 4 bedrooms, 2 bathrooms
- Square feet: 2,097
- See 525 Mallard Ave, Lemoore, CA 93245 on Redfin.com
1995 W Tudor Ln, Hanford, CA 93230
- Price: $474,900
- 4 bedrooms, 2 bathrooms
- Square feet: 1,995
- See 1995 W Tudor Ln, Hanford, CA 93230 on Redfin.com
2439 Madeline Dr, Hanford, CA 93230
- Price: $475,000
- 4 bedrooms, 2 bathrooms
- Square feet: 1,788
- See 2439 Madeline Dr, Hanford, CA 93230 on Redfin.com
450 E Birch Ave, Hanford, CA 93230
- Price: $435,000
- 3 bedrooms, 3 bathrooms
- Square feet: 2,040
- See 450 E Birch Ave, Hanford, CA 93230 on Redfin.com
314 W Birch Ave, Hanford, CA 93230
- Price: $489,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,423
- See 314 W Birch Ave, Hanford, CA 93230 on Redfin.com
964 Greenfield Ave, Hanford, CA 93230
- Price: $459,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,054
- See 964 Greenfield Ave, Hanford, CA 93230 on Redfin.com
216 Palm Ct, Hanford, CA 93230
- Price: $430,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,022
- See 216 Palm Ct, Hanford, CA 93230 on Redfin.com
2612 Aspen St, Hanford, CA 93230
- Price: $479,900
- 3 bedrooms, 2 bathrooms
- Square feet: 2,478
- See 2612 Aspen St, Hanford, CA 93230 on Redfin.com
1445 Lincoln Ln, Lemoore, CA 93245
- Price: $459,500
- 3 bedrooms, 2 bathrooms
- Square feet: 2,115
- See 1445 Lincoln Ln, Lemoore, CA 93245 on Redfin.com
1526 West Dr, Hanford, CA 93230
- Price: $431,400
- 3 bedrooms, 2 bathrooms
- Square feet: 1,930
- See 1526 West Dr, Hanford, CA 93230 on Redfin.com
1526 West Dr, Hanford, CA 93230
- Price: $431,400
- 3 bedrooms, 2 bathrooms
- Square feet: 1,930
- See 1526 West Dr, Hanford, CA 93230 on Redfin.com
3026 Sage Ct, Hanford, CA 93230
- Price: $455,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,906
- See 3026 Sage Ct, Hanford, CA 93230 on Redfin.com
2608 W Heather Ln, Hanford, CA 93230
- Price: $457,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,898
- See 2608 W Heather Ln, Hanford, CA 93230 on Redfin.com
2516 Cortner St, Hanford, CA 93230
- Price: $435,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,715
- See 2516 Cortner St, Hanford, CA 93230 on Redfin.com
2463 Madeline Dr, Hanford, CA 93230
- Price: $475,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,642
- See 2463 Madeline Dr, Hanford, CA 93230 on Redfin.com
136 W Colonial Dr, Hanford, CA 93230
- Price: $457,500
- 3 bedrooms, 1.5 bathrooms
- Square feet: 1,958
- See 136 W Colonial Dr, Hanford, CA 93230 on Redfin.com
