They're pretty crazy here in KC. We live in a mid-century modern with three bedrooms, two bathrooms in one of the older Kansas neighborhoods. It's a little over 1,500 square feet, but pretty open. We bought in late 2015 for $275k, could sell tomorrow for $450-$500k.
Downtown KC is starting to REALLY get nuts. There are neighborhoods that five years ago, you would have been worried about catching the deads. I looked at a place online today just east of 23rd and Prospect, 2,000 square feet, newly built, three bedrooms, two bathrooms for $800k. Prospect used to be the street you never went near. If the new Royals stadium ends up at 15th and Grand as they are proposing, it's going to get even more crazy.
The concept of "starter home" is turning into a pretty big joke here. If you want to spend less than $250k for something about 1,000 square feet, you better be prepared for a MASSIVE fixer upper and/or live in an "up and coming" neighborhood, aka the Hood.