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How much house does 1 share of Berkshire Hathaway buy?

These cities’ average houses cost less than 1 share of Buffett’s baby

August 14, 2014

Close watchers of the stock market saw a milestone on Thursday. When the market closed on Thursday, shares of Warren Buffett’s Berkshire Hathaway (BRK-A) Class A sat at $202,850.

It was the first time that a single Class A share had ever been valued at more than $200,000.

Buffett has never authorized a split of his company’s stock; therefore shares of Berkshire Hathaway have continued to appreciate. In 2014 alone, the price of shares in Berkshire Hathaway has increased more than 15%.

With Berkshire’s stock breaking the $200,000 barrier, it got us thinking. How much would one share of Berkshire Hathaway buy out there in the real world?

Using the latest data from the National Association of Realtors, we did a little math. And as it turns out, one share of Berkshire Hathaway buys quite a lot.

In fact, with the proceeds from one Berkshire share, you could buy the average house in a whopping 120 of the top 175 housing markets in the U.S.

One share of Berkshire Hathaway can buy you the average home Salem, Oregon ($200,400), Virginia Beach, Virginia ($200,000) and Fort Meyers, Florida ($199,800). And that’s just the top three.

One share of Berkshire would also buy the average house in Springfield, Massachusetts ($199,000), Phoenix, Arizona ($198,600); Las Vegas, Nevada ($196,200); New Orleans, Louisiana ($168,900); and Indianapolis, Indiana ($148,700)

And for $150,800, you can even own a home in Warren Buffett’s backyard of Omaha, Nebraska.

For the unfortunate few cities at the bottom of the list: Cumberland, Maryland; Toledo, Ohio; Decatur, Illinois; Elmira, New York; Rockford, Illinois and Youngstown, Ohio; you could buy two of each city’s average houses for the price of one Berkshire Hathaway share.

Check out the list below for all the cities where you could buy the average house for less than it would cost you to buy into Berkshire Hathaway. And be prepared to scroll for a minute. It's a long list.

City Average sales price
Salem, OR  $200,400
Virginia Beach-Norfolk-Newport News, VA-NC $200,000
Cape Coral-Fort Myers, FL $199,810
Springfield, MA $199,000
Phoenix-Mesa-Scottsdale, AZ $198,600
Albany-Schenectady-Troy, NY $198,500
Las Vegas-Paradise, NV $196,200
Dallas-Fort Worth-Arlington, TX $191,300
Kennewick-Richland-Pasco, WA $185,800
Crestview-Fort Walton Beach-Destin, FL $185,000
Jacksonville, FL $185,000
Nashville-Davidson--Murfreesboro, TN $184,900
Farmington, NM  $184,500
Norwich-New London, CT $184,300
San Antonio, TX $184,200
Orlando, FL $182,000
Dover, DE $181,300
Allentown-Bethlehem-Easton, PA-NJ $181,000
Huntsville, AL $179,000
Albuquerque, NM $178,700
Spokane, WA $178,500
Myrtle Beach-Conway-North Myrtle Beach, SC-NC $177,100
Tucson, AZ $176,900
Pittsfield, MA $176,000
Des Moines, IA $175,500
Boise City-Nampa, ID $174,600
Gainesville, FL $173,000
Baton Rouge, LA $172,100
Birmingham-Hoover, AL $170,300
Fargo, ND-MN $169,800
Panama City-Lynn Haven-Panama City Beach, FL $169,000
New Orleans-Metairie-Kenner, LA $168,900
Corpus Christi, TX $168,700
Atlanta-Sandy Springs-Marietta, GA $166,200
Greenville, SC  $165,200
Tallahassee, FL $165,000
Kansas City, MO-KS $164,300
Columbus, OH $162,600
Sioux Falls, SD $162,400
Columbia, MO $161,800
Sebastian-Vero Beach, FL $160,000
Glens Falls, NY  $159,600
Yakima, WA $159,300
Palm Coast, FL $159,000
Jackson, MS $157,800
Columbia, SC $156,700
Shreveport-Bossier City, LA  $156,600
Pensacola-Ferry Pass-Brent, FL $156,325
Cedar Rapids, IA $156,300
Tampa-St. Petersburg-Clearwater, FL $156,000
Punta Gorda, FL $153,350
Port St. Lucie, FL $153,000
Hagerstown-Martinsburg, MD-WV  $152,900
Knoxville, TN $152,000
Bloomington-Normal, IL $151,000
Omaha, NE-IA $150,800
Reading, PA $150,600
Saint Louis, MO-IL $149,900
Indianapolis, IN $148,700
Lexington-Fayette, KY $148,500
Green Bay, WI $147,900
Cincinnati-Middletown, OH-KY-IN $147,300
Tulsa, OK $146,900
Oklahoma City, OK $146,100
Lincoln, NE $145,700
York-Hanover, PA $144,400
Appleton, WI $144,200
Chattanooga, TN-GA $143,300
Louisville, KY-IN $143,300
Champaign-Urbana, IL $142,800
Memphis, TN-MS-AR $142,100
Grand Rapids, MI $142,000
Amarillo, TX $141,900
Fayetteville, NC $141,800
El Paso, TX $141,300
Beaumont-Port Arthur, TX $138,600
Greensboro-High Point, NC  $137,400
Winston-Salem, NC $137,400
Palm Bay-Melbourne-Titusville, FL $137,000
Montgomery, AL $136,900
Gary-Hammond, IN $135,600
Little Rock-N. Little Rock, AR $135,600
Fond du Lac, WI $135,400
Abilene, TX $134,100
Deltona-Daytona Beach-Ormond Beach, FL $131,150
Charleston, WV $131,100
Lakeland-Winter Haven, FL $130,000
Spartanburg, SC $128,800
Wichita, KS $128,400
Rochester, NY $128,100
Cleveland-Elyria-Mentor, OH $127,900
Buffalo-Niagara Falls, NY $127,300
Springfield, IL $126,800
Kankakee-Bradley, IL $126,700
Peoria, IL $126,000
Syracuse, NY $124,600
Florence, SC  $124,400
Springfield, MO $123,300
Waterloo/Cedar Falls, IA $123,200
Mobile, AL $122,100
Oshkosh-Neenah, WI $121,900
Lansing-E.Lansing, MI $121,700
Dayton, OH $120,900
Decatur, AL $120,700
Topeka, KS $120,700
Akron, OH $119,500
Davenport-Moline-Rock Island, IA-IL $118,300
Erie, PA $118,000
Canton-Massillon, OH $115,900
Binghamton, NY $113,900
Gulfport-Biloxi, MS $113,000
South Bend-Mishawaka, IN $111,400
Ft. Wayne, IN $107,900
Ocala, FL $105,000
Cumberland, MD-WV $99,400
Toledo, OH $95,900
Decatur, IL $90,900
Elmira, NY $87,800
Rockford, IL $85,300
Youngstown-Warren-Boardman, OH-PA $78,600
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