10 Cheapest States to Buy a Home in USA

how do you decide what makes a state affordable? Well, it’s it’s math. You use the following metrics. Effective property tax rate, median listing price, median listing price per square foot, median home value and average closing costs.

Slapping money down for a mortgage is a major investment for most Americans. Sometimes the upfront costs might deter potential buyers from pulling the trigger on their dream home. That can leave a lot of Americans wondering whether it’s possible to purchase a home with less cash up front. Nobody wants to work three jobs, sell plasma and test pharmaceutical’s just to get the down payment. You show up to sign the papers. Your real estate agents there, the mortgage brokers there.

You’re tired. You’ll look like a zombie. You’re right, So what states are the most affordable to live what most consider the American dream you got to start with.


10.Ohio

do you like football, do you like cold weather, do you like major cities that have serious inner-city problems? If you answered yes to all those moved to Cleveland or Cincinnati, if you like the first two, but could really do without the third part, the city part moved to rural Ohio besides the inexpensive housing. Ohio is a good family type state with a low cost living. The rural parts of Ohio were hit pretty hard by the opioid crisis a couple of years back


But they’re doing a great job now. Coming out of the handful of people We know from Ohio have all expressed their one main hatred for this state election years. Ohio is one of those states that gets out of control when it comes to election season. The residents are bombarded with ads, reporters, campaign workers, candidates, people begging you to put a sign on your lawn and then attend a town hall type thing. They said it’s insane. They said it’s irritating.


And a lot of them try and go on vacation during that time of the year, every four years or whatever it is. The median list price in Ohio is one hundred and eighty thousand dollars. Now, that’s the average. The cities, it’s going to be higher. But when you get to rural Ohio, you’re probably looking at somewhere around one hundred and twenty thousand for a decent house that may actually have some land on it. The median list price is about one hundred and ten thousand.


The average effective property rate is one point five four. Not bad home.

9. South Carolina

once you get outside of Myrtle Beach and Charleston, South Carolina, becomes extremely affordable. If you like to fish, you’ll like South Carolina. In states like Texas, you have people with gun racks on the back window, their truck, South Carolina, people have fishing poles in their trunk or the back window of their truck. Everyone knows the best fishing hole in South Carolina. They’re all over the state. Everyone’s got their own greatest fishing holes.


It’s kind of weird. Anyway, the cool thing about South Carolina real estate is you don’t need to live in the sticks to get a good price for a home. They have great suburbs that are very affordable. they do make their barbecue sauce out of mustard. So if you can get past that, you’re in good shape in South Carolina. It’s really good barbecue. By the way, just so you should definitely try it, the median home price in South Carolina is two hundred fifty thousand dollars.

Not bad. Median list price per square foot is one hundred and thirty one twenty five. The average effective property tax is point five five percent. So that’s pretty good.


8. Missouri

You hear anyone talking good about Missouri? you can’t deny it’s cheap to get a house in Missouri.

The average closing costs in the state comes in around two thousand six hundred seventy one dollars. That’s the third lowest amount for this metric. Overall, the Show Me state has one of the lowest median listing prices across all states analyzed at one hundred ninety three thousand dollars. The effect of property tax rate is point nine five percent. Not bad.


7. Kentucky

 the Bluegrass State has a lot of land you can get on the cheap, even in most of the cities, it’s pretty reasonable compared to other major cities in the country. And yes, we’re sure it’s gotten out of control and the prices have gone through the roof over the last decade. Here’s a secret. So as every other semi desirable city in the country, that’s just how the world works. Prices go up. The people in Kentucky love a good time.


It also has the eighth lowest median listing price per square foot at 100 1896. Effective property tax in Kentucky is point eighty five percent. And if you’re planning any long term thing like owning the house forever and leaving it to your kids or something like that, you should do a little reading on the Kentucky inheritance laws. That’s just a piece of advice from your old pal Brigs.

6. Indiana

Indiana is not for everyone. The average closing cost in Indiana is about two thousand six hundred fifty five dollars. That’s the second lowest overall. Indiana is also one of the best states for homeowners in 2019. That’s a future list coming up real soon. Actually, it has an average listing price of one hundred ninety five thousand dollars.


The Hoosier State’s effective property tax is point eight for by comparison, the average effect of property tax across all states was one point one one percent. So it’s pretty good number there.


5. Oklahoma

If you don’t mind, living in a state that uses a racial slur for one of its nicknames, Oklahoma may be for you. Oklahoma’s most often called The Sooner State, but it also has two other nicknames. One is the native state, which is fine. The next one not so much the land of the red man. Yeah, that’s the thing. How that one slip by Oklahoma isn’t terribly crowded in or outside the cities.

In more of the rural parts of the state, land gets dirt cheap. Oklahoma median home value is about forty nine thousand dollars, the second lowest figure on this list for that metric. Oklahoma also has the fifth lowest average cost for closing at two thousand seven hundred twenty. The effect of property tax in Oklahoma is only point eight nine percent. Oklahoma, it’s really cheap to get into a home or buy some land there. You just got to deal with your living in Oklahoma.

4. Mississippi

We have Mississippi, we sat with our mouths agape as we found out Mississippi was the bottom of the barrel in a category that was shocking enough. But even more alarming, it was education. They weren’t even in the bottom 10. They actually have one of the better education ratings in the country. Who saw that one coming? Mississippi takes the fourth place the median listing price per square foot in Mississippi is only ninety five dollars. That’s the lowest in this study for that metric. Mississippi’s overall listing price is in the top five. Also, it’s one hundred and eighty nine thousand that’s pretty frickin low. The effect of property tax in Mississippi, again, is really low at point seven, eight percent. Good job Mississipi .

3. Alabama

Alabama like others on this list fall into the poorest states list a few other negative columns this why the land is so cheap not a bunch of people are aching to live there suck as bad as Mississippi but they don’t have the education score to lean on they do have billboards letting people know that it’s not okay to date close relatives not even kidding.

Alabama has a lot going for it ,including the University of Alabama Mobile Bay amazing history good people and really cheap land. The Yellowhammer state rank third with the second lowest effective tax rate on this list with 0.4 percent the state has the fourth lowest median listing Price per square foot at one hundred. The mediand home Price in Alabama is two hundred and nineteen thousand dollars, they have small towns where you could get a move-in-ready home for about sixty thousand dollars.

2. Arkansas

Arkansas is one of the poorest states in the Union which normally translates to cheaper eveything when people can’t afford to buy things that are on sale. It’s hard to sell them anything that’s considered a premium item. The cost of living housing should be kind of low, the good part of Arkansas is being brought down by the bad part of Arkansas because most the rest of the state is really sort of sketchy at best.

Arkansas homes are the second lowest median listing Price in the entire list with $169,900 is the average listing Price. the effective property tax in Arkansas is point six one percent not bad. 1

1.West Virginia.

If you like the outdoors good decent people a laid-back lifestyle and the world’s best community radio station WTS and Charleston moved to West Virginia. It’s a beatiful state and It’s gonna be the cheapest state for many more years. West Virgina has a median home listing price of hundred and sixty seven thounsand dollars that is cheap the effective property tax rate in the state of West Virginia. It’s easily the cheapest place to buy a home land whatever you want in the United States.

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Murtazi Sharvashidze
"Since I came to the United States, about a decade ago, I became deeply involved in the Moving and Storage Business. Helping Americans to manage their moving and storage needs is a challenging job, especially when dealing with high-value, fragile goods. I regularly post my thoughts on moving-related topics."