It's not the cheapest state to buy a new car in. Walk the charming streets of Charleston before heading out to the beach on Hilton Head Island; you'll quickly want to call South Carolina home. Most won’t allow you to go off grid. Learn more: Average Cost of Living in Georgia: An In-Depth Guide. Pennsylvania also dominates the list, offering 13 safe, affordable locations. Ohio is one of the cheapest states to buy a house in, and, based on 2019 real estate market trends, one of the hottest states to move to in 2019. Housing in the northern part of the state is more expensive, but if you go south towards Pella, Ottumwa, and Burlington, the prices drop to closer to $60 per square foot, and … The most affordable places to live in the U.S. are not the ritziest. More From GOBankingRates: 44 Ways To Trim Your Living Expenses During the Coronavirus Quarantine 94 Money-Making Skills You Can Learn in Less Than a Year Learn more: The 5 Most Affordable Places to Live in Michigan. State: West Virginia. Learn more: Iowa Real Estate Market Trends in 2019. Other major industries include food and beverage and aerospace. The median listing price in the Mountain State is $165,000 — the lowest median price in the study. There are a variety of factors that make up your overall housing expenses. The median listing price in the Mountain State is $165,000 — the lowest median price in the study. Cheapest States to Buy a House, Ranked. Buying a home isn't usually cheap. For $220,000, you can buy this three-bedroom, three-bathroom house near the actual Hobe Sound. The prairies of Kansas boast some of the most productive agricultural lands in the country with a low cost of living to boot. The median listing price in the... 2. Learn more: Buying a House in Indiana: An In-Depth Guide. Here’s the map, with the lightest colors coming in at the lowest end and the darkest maxing out the salary cap. We may earn commission on some of the items you choose to buy. Indiana offers a lot more than just corn fields. Despite all that, every state is home to at least a handful of places where buyers can expect to scoop up a house on the cheap. Arkansas. Friendly folks. Today, the median home listing price in the US is nearly $226,800, according to Zillow, but that varies by state. Arkansas's Ozark Mountains aren't the only beautiful thing about the state. 1. We may earn commission on some of the items you choose to buy. Tulsa and Oklahoma City are both thriving communities with unique vibes for urbanites. Learn more: Nebraska Real Estate Market Trends in 2019. Arkansas, $93/square foot, $183,000 average price. Beautiful natural areas and rich history are not the only things this state has to offer. Learn more: Alabama Real Estate Market Trends in 2019. However, be aware that Oklahoma has an average sales tax rate of 8.82% -- one of the highest in the U.S. -- and it can be up to 11%, depending where you are in the state. UpNest Reviews – Press – Agent Reviews – UpNest Testimonials – Facebook Reviews – BBB, Everything You Need to Know About REO Sales, Staff Pick: 7949 Spanish Oak Circle, Gilroy, CA 95020, https://www.youtube.com/watch?v=vWVPcuaPhEU. If you move to Oklahoma, you will soon understand what all the hype is about. North Adams also boasts the cheapest homes in the state, with a median price tag of $144,300. Oklahoma. The average home price in Toledo is a modest $51,200, but in certain neighborhoods you can find move-in ready homes for less than $35,000. Shutterstock. According to the Census, the median age of the city is 25.8 years old. The results of this analysis offer a pretty diverse range of options in a multitude of states across the nation. Average effective property tax rate: 1.54%. This home price gets a homeowner about 1,522 square feet. And with large cities like Birmingham and Mobile, you can also enjoy the arts and culture of a metropolitan area. Yet it's still within most people's budgets. Low housing prices. Which states are the cheapest for buying a house in 2020? Unless you are a big real estate developer, you’ll be paying property taxes every year. 10 cheapest U.S. cities for buying a home. Our Partner Agents also offer Home Buyer Rebates (in the 40 states that allow them) to help make the home buying process a little more affordable. NY, NJ and CT are notorious for their extremely high property taxes. Iowa City is also incredibly popular with younger people. Not in any particular order, here are the top 11 cheapest places in the US to buy a home. The … *Clever offers home buyer rebates in the 40 U.S. states that allow them. Everything can can impact your monthly expenses of living in a certain place. Learn more: The Best Places to Live in Maine: An In-Depth Guide. Ohio. South Carolina is a more affordable choice than Florida or California with all the benefits. There’s a lot to love about Kansas if you don’t mind a few tornadoes. West Virginia is not only the cheapest state to buy a home, but it’s also ranked number 6 for the cheapest land in the U.S. Work with a top agent, find your dream home, get a buyer rebate. Median Home Value: $196,700 High salaries. This may sound hard to believe, but it is still possible to buy a bargain house in the United States today. Every item on this page was hand-picked by a House Beautiful editor. Head to Detroit, which has the cheapest homes in America. They even have beaches too. A Californian would need 7.3 times the state's $60,487 median household income to buy a home at $440,000, the median Zillow listing price of homes in … The city of Detroit came in as the cheapest market to buy a home. Learn more: Average Cost of Living in Texas: An In-Depth Guide. Median list price per square foot: $110.90. The Hobe Hills subdivision property features a balcony, spiral staircase, finished basement and patio. In fact, Nebraska consistently has one of the lowest unemployment rates in the country. It’s worth noting that the national average home price fell sharply in mid-2019, down to just $227,000, from $280,000 according to Business Insider. The median listing price per square foot in Mississippi is $95.75, the lowest in this study for this metric. The Top 25 Cheapest States To Buy A House In 2020 1. It’s also worth calculating the local cost of living before you move. Ranking based on data from the U.S. Census, FBI, and other data sources. UpNest offers home sellers the industry’s best agent comparison tool for getting the best deal on home selling help from the top local Realtors. The average price for a … Get in touch to learn more about Clever and connect with a top-rated, local agent for a no-obligation consultation. The state’s rolling mountains aren’t all it offers. Finding a state that allows you to live comfortably is essential when house hunting. We may earn commission on some of the items you choose to buy. Whether you settle down in the capital of Baton Rouge or a quaint Cajun town in the bayou, you'll have affordable housing options. Home values throughout the state improved by 6.1% since June 2018. Plus in most of these states, you could be a Home Buyer Rebate. Indiana is a great place to live because many places in the northern area of the Hoosier State are within commuting distance to Chicago, but are much more affordable. Using Zillow’s 2019 median list price data, GOBankingRates identified between three to five of the cheapest places to buy a home in each state. Median home value: $144,800 You’ll find no shortage of bourbon, baseball, and bluegrass when you move to the Commonwealth of Kentucky. It’s more expensive to be a renter than a homeowner in Deerfield. Bookended by St. Louis (home of Clever HQ!) Zillow has 32,109 homes for sale. The cost of living is also nine percent lower than the state average. 1. (MoneyWatch) Looking for an affordable house? Plus, Texas is the only state on our list with no state income tax so not only does your money go farther in this affordable state, but you get to keep more of it come tax season. There is plenty of good Midwest living to be had, in addition to the buzz of urban Indianapolis. Median home price: $122,200 2. Built from data from the U.S. Bureau of Economic Analysis, price parities allows us to compare amounts of money across the country. Affordable housing and low cost of living make the south the place to be for retirees. Average home prices are also thriving. Having a home away from home is a dream for many Americans — and for a lot of us that dream includes a quick walk to the beach and all the amenities you can only find on a boardwalk.. 2020 Best Cities to Buy a House in America About this List Explore the best cities to buy a house based on home values, property taxes, home ownership rates, housing costs, and real estate trends. From music to nature there is lots to love about living in KY. 2020 offers a unique year when many homes are coming off of their peaks in high priced states. West Virginia is home to just over 1.8 million people and is the 38th-most populated state in the U.S. 2. Wondering where the cheapest place to buy a house in the United States is? The median home size in Alabama is 1,588 square feet, the largest on the list so far. 2. South Carolina. T9. The U.S.’s price parity is set at 100. What's more, the average price per square foot is less than $80, which means you can purchase a 5,000 square foot house for $400k or less. Once you've decided which affordable state is right for you, connect with Clever to find an experienced, local realtor. New York has significant real estate transfer taxes, as well as a premium ‘mansion’ tax. But in other parts of the country, it could buy you a whole house (with a few strings attached). In Vermont’s capital of Montpelier, the average cost of a house is $208,300. 2. Learn more: Average Cost of Living in South Carolina: An In-Depth Guide. The effective property tax rate in the state … 1. Learn more: The 5 Most Affordable Places to Live in Ohio. It is about three hours from Adelaide and offers a range of character homes for a fraction of the cost of a house in the state’s capital, which has a median house price of … Median home price: $132,400 4. A relatively high average structure cost lands Florida among the most expensive places to build. Massachusetts was rated the most expensive place in the U.S. to buy a home. If you are looking for the cheapest cities to buy a home you came to the right place. If you're looking for a quieter life, Mississippi could be the state you're looking for. Smack dab in the middle of the country is a state that's got more depth than you might think. Looking for an affordable house? OH may be one of the most underrated states in America. According to the 2019 Georgia Economic Outlook, all major metro areas in Georgia will see an increased number of jobs across industries. This may sound hard to believe, but it is still possible to buy a bargain house in the United States today. Depending on where you put down roots, you’ll also be within reach of the world’s longest known cave … Lenders often charge different interest rates depending on the state a borrower wants a mortgage in. The state also offers consistent employment opportunities. Friendly folks. Insurance rates can vary widely too. Based on average annual salaries and median home prices, these are the cheapest states to live in 2019. If you like the quiet life, this state could be for you. A state’s location and infrastructure will also influence the cost of living. State capitals are typically one of the most expensive places to live in a state, but that’s not the case in Vermont. While this is great for current homeowners trying to build equity or sell their home, many potential home buyers are completely priced out of the areas they once called home. Although it’s not one of the cheapest states to build a house, Florida is home to some of the best cities to own investment property, a separate GOBankingRates … Indiana: $96/square foot, $250,000 average price. States with lower price parities are cheaper to live in, while those over 100 are more expensive. Learn more: Arkansas Real Estate Market Trends in 2019. Despite a median home value of $124,700, higher than any of other top ten cheapest cities, the average monthly home payment is just $1,126 in Shreveport. Together with low interest rates, this offers movers the chance to get great prices for homes in one state, while moving to much more affordable ones, and maximizing their finances and lifestyle. It’s worth noting that the national average home price fell sharply in mid-2019, down to just $227,000, from $280,000 according to Business Insider. The Lone Star State is one of the cheapest places to buy a house because of how much money there is to be made in the state. West Virginia The cheapest state to buy a home in is once again West Virginia. It is also a hub for biotech industries, chemical development, and is a national leader in energy. Even in vibrant Cleveland you can still find homes for just $50,000. When you have a budget to maintain, you don’t want to live in an unaffordable location. While parts of the state can definitely be classified as remote, there's no doubt that Maine is one of our most beautiful — and affordable — states. Or … Here’s the map, with the lightest colors coming in at the lowest end and the darkest maxing out the salary cap. Those cities are among the locales with the cheapest homes for sale in the United States, according to a … The city’s median home price is less than $35,000, and in certain neighborhoods, you can buy … If you’re interested in learning where the cheapest places to buy a house in the US are, just keep reading. At a median price tag of $118,800, Toppenish boasts some of the cheapest homes in the state. *, *Rebates offered in the 40 U.S. states that allow them. 10. Estimated cost to build a house: $208,825 Estimated hourly labor cost: $14.