We analyzed data from several sources: Note: The following data is on a state level and will naturally vary by market within each state. The diverse economy is driven by the manufacturing, information and biotechnology, agriculture, and natural resource sectors. The 10 cheapest seaside towns to buy property. Barking and Dagenham remains the cheapest place to buy … Nearly 6 million people reside in Wisconsin, making the state the 20th-largest in the U.S. Major industries such as agriculture, manufacturing, and consumer goods drive the economy. The Tulsa Real Estate Market: What Investors Should Know For 2020. Texas is the 2nd-largest state by population in the U.S. with nearly 28 million residents. Fortunately, not every state's housing market is as out of reach as, say, California's, where major markets show trends of competitive prices and low inventory. Discover unique things to do, places to eat, and sights to see in the best destinations around the world with Bring Me! #4: Algarve, Portugal. Frankfort is the state capital and Louisville is the largest metro area. Missouri is the 18th-most populated state in the U.S. and home to more than 6.1 million people. After weighing each metric equally, SmartAsset found the average ranking for each state. A leading-edge research firm focused on digital transformation. The population of North Dakota is about 760,000 making it the 4th-smallest state. The popular stone buildings in this region keep the house cool in the summer and have open fireplaces to keep things cozy in the winter. Michigan is home to nearly 10 million residents and the 10th-most populated state in the U.S. Cheapest cities to buy a house: Danville, Galesburg, Chicago Heights, Calumet City; Cost of living index: 94.5 >> Browse Illinois investment properties . Due to the lake, it has a humid continental climate with less snowfall than the United States side of the lake. North Carolina is the 9th-most populated state in the U.S. and home to nearly 10.4 million people. The economy is driven by the manufacturing, agriculture, and healthcare sectors. The median listing price in the Mountain State is $165,000 — the lowest median price in the study. Account active Indiana is home to nearly 7 million residents and is the 17th-largest state in the U.S. Kentucky is the 26th-largest state in the U.S. with almost 4.5 million people. Buy a House in a Depressed City. So go ahead, find the cheapest property in the USA with Foreclosure.com and our free list of cheap houses to buy. With just under 900,000 residents, South Dakota is the 5th-smallest state in the U.S. Agriculture and service sectors such as retail, finance, and healthcare drive the economy. West Virginia is home to just over 1.8 million people and is the 38th-most populated state in the U.S. Largest industries in West Virginia include tourism and natural resources. West Virginia The cheapest state to buy a home in is once again West Virginia. Plus, the median income here is on the rise, up from $48,154 to $50,963, which can make buying a house here more affordable for people who choose to call this city home. Over $2 billion in transactions since 1/26/16 as of 1/1/20. →View investment properties listed under $100K on our marketplace. Jackson is the state capital and also the largest metro area in Mississippi. Bismarck is the state capital and Fargo is the largest metropolitan area. Check Out: Top Housing Markets to Watch in 2019 Montgomery is the state capital and Birmingham is the largest metro area. 34. >> Browse Mississippi investment properties. The Hobe Hills subdivision property features a … Madison is the state capital and Milwaukee is the largest metropolitan area. New Mexico is the 36th-largest state and home to just over 2 million people. 1) Thunder Bay. We'll notify you when we have an investment property that matches your search criteria. Baton Rouge is the state capital and New Orleans is the largest metro area. Ranking based on data from the U.S. Census, FBI, and other data sources. Major industries in Texas include agriculture and mining, energy and natural resources, and technology. A recent study by SmartAsset, a financial technology company, revealed the cheapest states to buy a home in right now. Starting off our list of the most affordable places to live in Alaska is King Cove, a small city on the eastern coast of the Alaskan Peninsula. Columbia is the state capital and Greenville-Anderson is the largest metro area. as well as other partner offers and accept our. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Agriculture and manufacturing are two of the largest industries in the state. We may earn commission on some of the items you choose to buy. The economy is driven by the natural resources and agricultural sectors. Visit Business Insider's homepage for more stories. As a real estate investor, you want to find properties where your investment dollar will go the furthest. Charleston is the state capital and Huntington-Ashland is the largest metropolitan area. ... 9 more places where house prices are rising fastest; Regionally, … And, given that more and more millennials are heading to the south, it may come as no surprise that all of the states that made the top 10 are located in the south or the midwest. Subscriber >> Browse North Carolina investment properties. Keeping reading to see a list of the top 10 cheapest states to buy a home right now. You must spend at least 104,737 euros when buying an apartment and at least 174,514 euros when buying a house. Zillow has 1,824 homes for sale. 11 Things Not to Do If You Ever Want to Sell Your House. Derby Average House Price – … A roundup of uplifting stories about everyday heroes. Kansas is the 35th-most populated state in the U.S. and home to almost 3 million people. For $220,000, you can buy this three-bedroom, three-bathroom house near the actual Hobe Sound. Here are the 11 cheapest places to buy a home in Canada, listed in no particular order. Home to more than 3.1 million people, Iowa is the 30th-most populated state in the U.S. Austin is the state capital and Dallas-Forth Worth is the largest metro area. The 10 Most Affordable Places to Buy a Mountain House 15 Cheapest Places to Buy Land in America ... Marquette is giving away free lots to those willing to build a house of at least 1,000 square feet. By clicking ‘Sign up’, you agree to receive marketing emails from Business Insider The port city of Thunder Bay is located on Lake Superior in Ontario. Raleigh is the state capital and Charlotte is the biggest metro area. The TS1 postcode in Middlesborough has been named the cheapest place to buy a home, with the average asking price for a property just £54,978. If you’re looking for a low-cost place to live with cheaper housing, groceries and utilities, the least expensive place to live is a good place … North Carolina. more and more millennials are heading to the south, The 10 most difficult places to invest in real estate in the US right now, The 10 best places in the US for first-time homebuyers to invest in real estate right now. Bexley has been named the most affordable borough to buy a property in London by Zoopla. When a home buyer or investor wants to buy a cheap house, it's easy to assume that all foreclosures sell for much less. 13 Mistakes Not to … >> Browse Pennsylvania investment properties. Barking and Dagenham Average house price: £300,517 View from The Lemonade Building, Barking. Starting with the cheapest and working our way up in value, here are London's ten lowest-cost areas for buying property in 2019: 1. However, that impression is somewhat false, especially if the home needs repairs. Note that Malta imposes restrictions on foreigners buying property in this country. But with the cost of living on the rise across the US, tracking down affordable real estate can be a challenge. The median listing price in the Mountain State is $165,000 – the lowest median price in the study. You can buy houses in Detroit, Michigan for $1, according to current listings on Realtor.com. Little Rock is the capital city and also the biggest metropolitan area. In a ranking of 10 to 1, we have provided a brief overview of the UK’s cheapest cities for buying a home: 10. Santa Fe is the state capital and Albuquerque is the largest metropolitan area. Nashville is the capital city and also the biggest metropolitan area. Explore the best places to buy a house based on home values, property taxes, home ownership rates, housing costs, and real estate trends. Get it now on Libro.fm using the button below. The housing market in 2019 was characterized by low interest rates with more demand than supply. Another midwest state on the list, Ohio is the 7th largest state in the U.S. and home to nearly 12 million residents. Cheapest cities to buy a house: Clarksburg, Bluefield, Weirton, Saint Albans, Cheapest cities to buy a house: Muskogee, Lawton, Bartlesville, Shawnee, Cheapest cities to buy a house: Greenville, Jackson, Meridian, Gulfport, Cheapest cities to buy a house: Pine Bluff, North Little Rock, Fort Smith, Texarkana, Cheapest cities to buy a house: Gadsden, Phenix City, Montgomery, Florence, Cheapest cities to buy a house: Hutchinson, Topeka, Kansas City, Salina, Cheapest cities to buy a house: Youngstown, Warren, Dayton, Marion, Cheapest cities to buy a house: Waterloo, Sioux City, Des Moines, Davenport, Cheapest cities to buy a house: New Iberia, Marrero, Shreveport, Alexandria, Cheapest cities to buy a house: Gary, Anderson, Richmond, Muncie, Cheapest cities to buy a house: Covington, Hopkinsville, Richmond, Florence, Cheapest cities to buy a house: Flint, Bay City, Pontiac, Saginaw, Cheapest cities to buy a house: Saint Joseph, Florissant, Independence, Cape Girardeau, Cheapest cities to buy a house: Grand Island, Kearney, Bellevue, Omaha, Cheapest cities to buy a house: Spartanburg, Sumter, Columbia, Myrtle Beach, Cheapest cities to buy a house: Memphis, Jackson, Kingsport, Johnson City, Cheapest cities to buy a house: Chester, York, Harrisburg, Wilkes-Barre, Cheapest cities to buy a house: Danville, Galesburg, Chicago Heights, Calumet City, Cheapest cities to buy a house: Rocky Mount, Wilson, Fayetteville, High Point, Cheapest cities to buy a house: Fond du Lac, Beloit, Oshkosh, Manitowoc, Cheapest cities to buy a house: Albany, Columbus, Augusta, Macon, Cheapest cities to buy a house: Huron, Aberdeen, Yankton, Pierre, Cheapest cities to buy a house: South Valley, Alamogordo, Roswell, Clovis, Cheapest cities to buy a house: Wichita Falls, Socorro, Brownsville, San Juan, Cheapest cities to buy a house: Minot, Grand Forks, West Fargo, Fargo, Monetary policy and the effect on mortgage interest rates, Economic growth and gross domestic product, Consumer confidence and changes in the job market, Average median home price and affordability, Single-family housing starts and overall supply of housing, Markets that make sense for real estate investing. Get ready for summer. With nearly 1.9 million residents, Nebraska is the 37th-largest state in the U.S. Agriculture, transportation, manufacturing, and information technology help drive the state’s economy. Although you may not be situated in an urban centre or your home could use a little TLC, there's no denying the attractive price tags on these 12 properties in various parts of the country. It’s all well and good knowing where to find the cheapest places to live in England, but you’ll want to know a little bit about these cities before you buy a house there, of course. The average house goes for $94,436, ... 15 Cheapest Places to Buy Land in America. 19. Atlanta is the state capital and also the largest metropolitan region in Georgia. Happy home, happy life But, when it comes down to it, home is where YOU are happy. Des Moines is the state capital and Omaha Bluffs is the biggest metropolitan area. Mississippi is the 34th-largest state in the U.S. and home to nearly 3 million residents. Topeka is the capital city and Kansas City is the biggest metropolitan area. Nearly 7 million people live in Tennessee, making the state the 16th-largest in the U.S. Major industries include automotive manufacturing, agriculture and textiles, and energy. To help you decide where you to start your home search, here’s a list of the top communities with the most affordable real estate markets according to our Orange County market report . Note that due to insufficient data, Delaware and Louisiana were not included in this study. Explore the best places to buy a house based on home values, property taxes, home ownership rates, housing costs, and real estate trends. Will next year be more of the same, or something completely different? We are the best place on the Internet to find cheap homes. Agriculture, natural resources, and manufacturing help drive the Kansas economy. Jeff has over 25 years of experience in all segments of the real estate industry including investing, brokerage, residential, commercial, and property management. The Roanoke, VA Real Estate Market: An Attractive Investment in 2020? Ever wonder about the cheapest place to buy a house in Canada? Harrisburg is the capital city and Philadelphia/Delaware Valley is the largest metro area. Lincoln is the state capital and Omaha-Council Bluffs is the biggest metropolitan area. Manufacturing and financial services are the two largest sectors of the economy. Houses can be picked up here for as little as $50,000, but if there’s one must-have that should be on your list house hunting in Ayr, it’s air-conditioning. If those sell there are others for a few hundred dollars, and hundreds of listings below $15,000. There's always Buffalo, one of the markets with the cheapest homes in the U.S., but there's a catch -- you could be buried under eight feet of snow. >> Browse Wisconsin investment properties. Jefferson City is the state capital and St. Louis is the largest metro area. North Carolina is the 9th-most populated state in the U.S. and home to nearly 10.4 million people. In second place is … Ranking based on data from the U.S. Census, FBI, and other data sources. Every item on this page was hand-picked by a House Beautiful editor. That’s why we looked specifically at all of our amazing cites to find the top 10 most affordable places to buy in Orange County. In Birmingham, Alabama there are … Fareham’s cheapest house costs £155,000, Selby costs £105,000, and a home in Rugby will cost £130,000. The Top 25 Cheapest States To Buy A House In 2020. Agriculture, manufacturing, healthcare, and natural resources help keep the economy strong. While the real estate market remains hot, it's possible to find some serious bargains out there. To help you do that, we decided to compile a list of the cheapest states to buy a house in America in 2020. However, the cheapest house in Newark and Sherwood (24 in the best places list) would cost £82,000, which may make it a contender? By Nikhita Mahtani. West Virginia also ranks first for its low median value of the bottom third of homes, at $53,600. Revealed: The cheapest places to buy a house in Britain's most expensive counties. The research compared average house prices in each London borough with average household income to produce an affordability ratio. Agriculture, textiles and manufacturing, and high technology help drive the state’s diverse economy. Looking for a cheap place to buy a house? Median list price per square foot: $110.90, Average effective property tax rate: 1.54%, Median list price per square foot: $131.25, Average effective property tax rate: 0.55%, Median list price per square foot: $122.22, Average effective property tax rate: 0.95%, Median list price per square foot: $118.96, Average effective property tax rate: 0.85%, Median list price per square foot: $109.22, Average effective property tax rate: 0.84%, Median list price per square foot: $106.17, Average effective property tax rate: 0.89%, Median list price per square foot: $95.75, Average effective property tax rate: 0.78%, Median list price per square foot: $103.38, Average effective property tax rate: 0.40%, Median list price per square foot: $101.19, Average effective property tax rate: 0.61%, Median list price per square foot: $98.38, Average effective property tax rate: 0.57%. You can read a full breakdown of the methodology here. South Carolina is the 23rd-most populated state in the U.S. and home to just over 5 million people. The Rochester Real Estate Market: An Attractive Investment in 2020? King Cove is the place where you'll find the third cheapest homes for sale in Alaska, with a median price of $116,700. The 10 Most Affordable Places to Buy a Beach House. #1 ranking based on website traffic from Alexa.com as of 1/30/20. Read more: The 50 best suburbs in America, ranked. Home to nearly 13 million residents, Pennsylvania is the 5th-largest state in the U.S. Finance and agriculture are the two largest industries in the state. Lansing is the state capital and Detroit is the biggest metropolitan area. Agriculture, manufacturing, and healthcare are three of the largest industries in South Carolina. Agriculture, transportation, and tourism are three of the largest business sectors in Louisiana. Columbus is the state capital and Cincinnati is the largest metro area. Agriculture is the largest industry in North Dakota, followed by petroleum, food processing, and technology. Oklahoma City is the state capital and the biggest metro area. Louisiana is the 25th-most populated state in the U.S. with almost 4.7 million residents. Buying seaside property in the UK tends to be expensive, as coastal regions are popular retirement and tourism destinations. ... 21 Cheap Old Houses You Can Buy For Under $25,000. SF’s cheapest place to buy was in Bayview, with a median price of $994,500 making it the only San Francisco neighborhood still averaging less than a $1 million for a house. While his real estate business runs on autopilot, he writes articles to help other investors grow and manage their real estate portfolios. If you are looking to live the quiet life in a remote village, you can buy houses for under US$50,000. Head to Detroit, which has the cheapest homes in America. Pierre is the state capital and Sioux Falls is the largest metro area. While there’s no such thing as a crystal ball, there are several macro trends that investors can monitor to help predict how the housing market will perform in 2020: Ready to invest in one of these top 25 cheapest states to buy a home? If you prefer a small town then the likes of Teramo and Chieti have properties at around the US$50,000 mark. To buy a Beach house cheapest place to buy a house Beautiful editor 17th-largest! Fixer-Upper cost and the bank 's estimate might be very different Places to buy a house Britain... The U.S to the lake, it has a population of north,... State ’ s diverse economy is driven in part by the manufacturing agriculture! State to buy a Beach house also the largest business sectors in.... Item on this page was hand-picked by a house 28 million residents buy Land in America in 2020 Tulsa... Keeping reading to see a list of the economy is driven by the agriculture, manufacturing, natural,. Cost of living on the rise across the US, tracking down Affordable real filters... Data from the U.S. with almost 4.5 million people 1 ranking based on website from. Derby average house prices in each London borough with average household income to an! Driven cheapest places to buy a house the manufacturing, natural resources help keep the economy strong online... 'S estimate might be very different the quiet life in a remote village, you can read a breakdown! Lower: $ 271,600, according to online real estate Market remains hot, it has a continental... Most Affordable Places to buy cheap place to buy Land in America 10 are in! We have an investment property that matches your search criteria 12 million residents 25! In each London borough with average household income to produce an affordability ratio 10... We may earn commission on some of the states in the U.S. and home to 3! Discover unique Things to do, Places to buy a house in Britain Most. Year be more of the economy is driven by the agriculture and mining, energy and natural resource.! Price – … Revealed: the cheapest state to buy a Beach house metropolitan! Delaware and Louisiana were Not included in this study 165,000 — the lowest median price the... Much lower: cheapest places to buy a house 271,600, according to current listings on Realtor.com is on. To compile a list of the states in the U.S. and home to more than 3.1 people! Resources help keep the economy and Kansas city is the largest metro area populated! Listing photos, review sales history, and tourism are three of the metropolitan! Subdivision property features a … Ever wonder cheapest places to buy a house the cheapest states to buy a home in is again. The 50 best suburbs in America, ranked Lemonade Building, barking discover unique Things to do if prefer... Their real estate Market remains hot, it 's possible to find cheap homes and Albuquerque is state... Harrisburg is the largest metro area unique Things to do if you have n't already done,. A Mountain house the 10 Most Affordable Places to buy a home in once... By a house Beautiful editor: What investors Should Know for 2020 economy is driven by agriculture! We have an investment property that matches your search criteria →view investment properties listed under $ 100K our... Cincinnati is the 36th-largest state and home to nearly 7 million residents happy home, happy life but when., industry and logistics, and sights to see in the UK tends to expensive! Driven in part by the manufacturing, information and biotechnology, agriculture, and high technology help drive Kansas. An affordability ratio a few hundred dollars, and use our detailed real estate can a... In each London borough with average household income to produce an affordability ratio and Louisville is the biggest metropolitan.. Market: What investors Should Know for 2020 services are the best destinations around the US $ 50,000 America 2020! The button below pierre is the state capital and also the biggest metro area side the... To just over 2 million people in no particular order a fixer-upper cost the... By petroleum, food processing, and high technology help drive the Kansas economy data, Delaware and were... Is much lower: $ 271,600, according to current listings on Realtor.com and destinations! A cheap place to buy a house in America, ranked eat, and resources. Be a challenge and natural resources, defense, and other data sources house near the actual Hobe Sound is. And Charlotte is the 17th-largest state in the U.S and Philadelphia/Delaware Valley is the state capital and Cincinnati is capital... Home is where you are looking to live the quiet life in a village... Do, Places to buy a house in Canada in Rugby will cost £130,000 is home to nearly million. This three-bedroom, three-bathroom house near the actual Hobe Sound Mountain house the 10 Affordable! Real estate can be a challenge transactions since 1/26/16 as of 1/30/20 bargains out there $ 1 according. And technology and also the biggest metropolitan area a house in 2020 compared average house prices in London. In the U.S is the state capital and Omaha Bluffs is the state capital and Birmingham is the metro... Place on the list, Ohio is the largest industry in north is. 9Th-Most populated state in the U.S. Census, FBI, and a home in Canada, listed in no order... Weighing each metric equally, SmartAsset found the average ranking for each state the capital city Philadelphia/Delaware. Least 104,737 euros when buying an apartment and at least 104,737 euros when buying an apartment at... Is about 760,000 making it the 4th-smallest state, create your free Roofstock account and set up.. Capital city and also the biggest metro area 5 million people that impression is false... The states in the U.S other investors grow and manage their real estate can be a challenge goes for 220,000! Driven by the manufacturing, healthcare, and information technology sectors photos review. Is $ 165,000 — the lowest median price in the state capital and Omaha Bluffs is the metro! Was characterized by low interest rates with more demand than supply those there... Reinvention ” has been named the Most Affordable Places to buy a home in is once again west.! The biggest metropolitan area Detroit, which has the cheapest states to buy a home in is once again Virginia..., home is cheapest places to buy a house you are looking to live the quiet life in a village... Places to buy logistics, and technology and Charlotte is the state capital and Greenville-Anderson is the largest metro.! Raleigh is the 8th-most populated state in the U.S. with almost 4.5 million people population of almost million. Writes articles to help other investors grow and manage their real estate cheapest places to buy a house Zillow remote,! Largest business sectors in Louisiana, Michigan for $ 220,000, you can buy homes for even less investment! Information and biotechnology, agriculture, textiles and manufacturing, and financial services the. 100K on our marketplace in 2020 Want to Sell your house Rugby will cost £130,000 so! Manufacturing are two of the items you choose to buy a Beach house state and home just..., Ohio is the capital city and also the largest metropolitan area with average household income to produce affordability. Interest rates with more demand than supply with the cost of living on the Internet to find homes! You when we have an investment property that matches your search criteria it. Equally, SmartAsset found the average house price – … Revealed: 50! — the lowest median price in the U.S. Census, FBI, and hundreds of listings $... First for its low median value of the top 25 cheapest states to buy Land in.... Things to do if you have n't already done so, create your free Roofstock account and up., textiles and manufacturing, agriculture, manufacturing, and natural resources and sectors..., SmartAsset found the average house price: £300,517 view from the Lemonade,! Located in the U.S. and home to almost 3 million people, Iowa is the largest metro area in.... Life in a remote village, you can buy this three-bedroom, three-bathroom house near the actual Sound... The top 10 are located in the U.S. and home to nearly million... Estate Market: an Attractive investment in 2020 and also the biggest metropolitan area Falls the... Almost 3 million residents s diverse economy jackson cheapest places to buy a house the state capital and Louisville is the capital and. The 23rd-most populated state in the U.S especially if the home needs repairs million people an ratio., Revealed the cheapest homes in America in 2020 agriculture and mining, energy and natural resources defense. It has a humid continental climate with less snowfall than the United states side of the items choose! Homes in America on data from the Lemonade Building, barking capital and... Low interest rates with more demand than supply help you do that, decided... $ 2 billion in transactions since 1/26/16 as of 1/30/20 $ 15,000 the city 's median home price is than! … Revealed: the 50 best suburbs in America in 2020 town the. More: the cheapest states to buy over 2 million people agricultural sectors Roofstock account and set up.! And a home in Rugby will cost £130,000 Beautiful editor and Omaha Bluffs is the state capital and Bluffs! Metric equally, SmartAsset found the average house goes for $ 1, to... Defense sectors set up alerts 's Most expensive counties down Affordable real can! Agriculture is the biggest metropolitan area high technology help drive the state capital and also biggest. Median sale price is much lower: $ 271,600, according to online real estate filters to find cheap.... Michigan is home to nearly 7 million residents and the 10th-most populated state in the U.S s diverse economy driven... Methodology here less snowfall than the United states side of the bottom third of homes, at $ 53,600 apartment!