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Arizona more expensive than most states for price per square foot

by Patrick Regan

Arizona 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.

Arizona was No. 16 overall, with an average price per square foot of $252.

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:

  1. Hawaii, $681 per square foot
  2. California, $425
  3. Massachusetts, $417
  4. New York, $416
  5. Rhode Island, $325
  6. Washington, $315
  7. New Jersey, $310
  8. Montana, $309
  9. Oregon, $302
  10. Colorado, $287

The five least-expensive states were:

  1. West Virginia, $133
  2. Mississippi, $142
  3. Ohio, $147
  4. Kansas, $150
  5. Arkansas, $152

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