Homes.com President David Mele on how artificial intelligence is used to improve the home-search process.

While home prices continue to rise across the country, affordability varies widely state-by-state and even town-by-town.

A new GOBankingRates study examined how far $300,000 could get you in the housing markets in each state and found that a dollar stretches further in the central and southern parts of the country, where overall costs of living tend to be lower.

With $300,000, an individual could buy the biggest home in West Virginia, with an approximate square footage of about 3,347. The median listing price per square foot in the state is about $89.62, according to GOBankingRates, which analyzed data from online real estate company Zillow.

Mississippi boasts the second-best affordability, where $300,000 can net a homebuyer a 3,290 square-foot property….