50 Cheapest Places To Buy Land in America
About two-thirds of Americans are homeowners. But when it comes to owning land — wide, open spaces — the percentage isn’t nearly as high.
In 2016, The Washington Post reported that the wealthiest 1% of households owned 40% of the nation’s non-home real estate. In fact, an increasing percentage of land has fallen into the hands of a wealthy few. The 100 largest landowners own about 42 million acres — which is 50% more than what they owned a little more than 10 years ago, The New York Times reported.
So if you’re not a millionaire or billionaire, does that mean land ownership is out of the question for you? To find out, GOBankingRates looked at property listings across the U.S. where land is affordable for those without really deep pockets.
GOBankingRates used LandWatch, an online rural property listing service, to identify parcels of land selling for $10,000 or less. Listings of less than 0.1 acres were excluded. The listings were then ranked by price per acre to determine the 50 cheapest places to buy land in America.
Note that, among these places, several counties appear more than once because they had multiple listings for $10,000 or less. Mohave County, Arizona, has the most listings of any county on the list at seven. Arizona also has more listings — 14 — than any other state. And the West has more cheap land listings than any other region.
The study shows that affordable land is available to people who aren’t super rich. If you’re looking for a good deal, keep reading to find out where the best places to own property are located.
Last updated: Nov. 6, 2019
Kenai Peninsula County, Alaska
Acreage: 1.07
Price: $9,500
Price per acre: $8,878.50
Pictured: Homer, Alaska
Kenai Peninsula County, Alaska
Acreage: 1.12
Price: $9,900
Price per acre: $8,839.29
Pictured: Cooper Landing, Alaska
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Valencia County, New Mexico
Acreage: 0.25
Price: $2,159
Price per acre: $8,636
Modoc County, California
Acreage: 0.92
Price: $7,870
Price per acre: $8,554.35
Valencia County, New Mexico
Acreage: 0.25
Price: $2,125
Price per acre: $8,500
Pictured: Belen, New Mexico
Pulaski County, Missouri
Acreage: 1.06
Price: $8,500
Price per acre: $8,018.87
Taos County, New Mexico
Acreage: 0.25
Price: $1,993
Price per acre: $7,972
Pictured: Taos, New Mexico
Choctaw County, Oklahoma
Acreage: 1
Price: $7,500
Price per acre: $7,500
Madison County, Florida
Acreage: 1
Price: $7,500
Price per acre: $7,500
Mohave County, Arizona
Acreage: 0.59
Price: $4,407
Price per acre: $7,469.49
Metcalfe County, Kentucky
Acreage: 1.07
Price: $7,950
Price per acre: $7,429.91
Northampton County, North Carolina
Acreage: 1.08
Price: $8,000
Price per acre: $7,407.41
Sandoval County, New Mexico
Acreage: 0.5
Price: $3,297
Price per acre: $6,594
Benton County, Missouri
Acreage: 0.7
Price: $4,500
Price per acre: $6,428.57
Etowah County, Alabama
Acreage: 0.64
Price: $4,000
Price per acre: $6,250
Santa Cruz County, Arizona
Acreage: 1.27
Price: $7,895
Price per acre: $6,216.54
Pictured: Nogales, Arizona
Pearl River County, Mississippi
Acreage: 1.3
Price: $8,000
Price per acre: $6,153.85
Coconino County, Arizona
Acreage: 1.1
Price: $6,687
Price per acre: $6,079.09
Lincoln County, Mississippi
Acreage: 1.68
Price: $10,000
Price per acre: $5,952.38
Pictured: Brookhaven, Mississippi
Valencia County, New Mexico
Acreage: 0.5
Price: $2,797
Price per acre: $5,594
Pictured: Bosque Farms, New Mexico
Mohave County, Arizona
Acreage: 1.01
Price: $5,273
Price per acre: $5,220.79
Pictured: Lake Havasu City, Arizona
Navajo County, Arizona
Acreage: 1.33
Price: $6,071
Price per acre: $4,564.66
Pictured: Winslow, Arizona
Mohave County, Arizona
Acreage: 2
Price: $9,000
Price per acre: $4,500
Pictured: Kingman, Arizona
Klamath County, Oregon
Acreage: 2
Price: $9,000
Price per acre: $4,500
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Modoc County, California
Acreage: 0.92
Price: $3,995
Price per acre: $4,342.39
Pictured: Alturas, California
Mohave County, Arizona
Acreage: 1.14
Price: $4,781
Price per acre: $4,193.86
Pictured: Bullhead City, Arizona
Alamosa County, Colorado
Acreage: 2.17
Price: $8,995
Price per acre: $4,145.16
San Bernardino County, California
Acreage: 1.4
Price: $5,533
Price per acre: $3,952.14
Pictured: Downtown San Bernardino
Los Angeles County, California
Acreage: 2.5
Price: $9,867
Price per acre: $3,946.80
San Bernardino County, California
Acreage: 1.25
Price: $4,822
Price per acre: $3,857.60
Mohave County, Arizona
Acreage: 1.25
Price: $4,674
Price per acre: $3,739.20
Pictured: Lake Havasu City, Arizona
Los Angeles County, California
Acreage: 2.52
Price: $8,961
Price per acre: $3,555.95
Navajo County, Arizona
Acreage: 1.25
Price: $4,295
Price per acre: $3,436
Pictured: Holbrook, Arizona
Mohave County, Arizona
Acreage: 1.91
Price: $6,314
Price per acre: $3,305.76
Pictured: Kingman, Arizona
Mohave County, Arizona
Acreage: 2.28
Price: $6,900
Price per acre: $3,026.32
Pictured: Kingman, Arizona
Sharp County, Arkansas
Acreage: 2
Price: $6,000
Price per acre: $3,000
Pictured: Ash Flat, Arkansas
Luna County, New Mexico
Acreage: 1.18
Price: $3,500
Price per acre: $2,966.10
Pictured: Deming, New Mexico
Sharp County, Arkansas
Acreage: 3.35
Price: $8,900
Price per acre: $2,656.72
Pictured: Sherman Bates House in Hardy, Arkansas
Sharp County, Arkansas
Acreage: 2
Price: $5,000
Price per acre: $2,500
Pictured: Hardy, Arkansas
Costilla County, Colorado
Acreage: 2.43
Price: $5,000
Price per acre: $2,057.61
Kenai Peninsula County, Alaska
Acreage: 4.7
Price: $9,440
Price per acre: $2,008.51
Pictured: Seward, Alaska
Costilla County, Colorado
Acreage: 5
Price: $10,000
Price per acre: $2,000
Pictured: Fort Garland, Costilla County, Colorado
Kenai Peninsula County, Alaska
Acreage: 4.31
Price: $8,600
Price per acre: $1,995.36
Pictured: Anchor Point, Alaska
Costilla County, Colorado
Acreage: 2.53
Price: $5,000
Price per acre: $1,976.28
Sharp County, Arkansas
Acreage: 5
Price: $8,500
Price per acre: $1,700
Pictured: Horseshoe Bend, Arkansas
Costilla County, Colorado
Acreage: 5
Price: $6,500
Price per acre: $1,300
Pictured: Trinchera Creek, Costilla County, Colorado
Navajo County, Arizona
Acreage: 2.5
Price: $3,000
Price per acre: $1,200
Pictured: Winslow, Arizona
Costilla County, Colorado
Acreage: 5
Price: $4,500
Price per acre: $900
Pictured: Garcia, Colorado
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Navajo County, Arizona
Acreage: 20
Price: $10,000
Price per acre: $500
Pictured: Holbrook, Arizona
Navajo County, Arizona
Acreage: 10
Price: $4,500
Price per acre: $450
50 Cheapest Places To Buy Land in America
As this list shows, there are plenty of places where you can buy land for cheap. You’re especially likely to find affordable listings west of the Mississippi River, where more of the country is rural. However, four Western states have plenty of low-priced listings, specifically: Arizona, California, Colorado and New Mexico.
Counties in Southern and Midwestern states also make the list of cheapest places to buy land.
If you are in the market to buy land, be aware that getting a land loan can be more difficult to get than a traditional mortgage for a home. However, many prices on this list are so low that you might not even need a loan to purchase the property.
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Methodology: To determine the cheapest places to buy land in America, GOBankingRates used Land Watch to find all active U.S. land listings at a maximum price of $10,000 and compiled the county, state and price data per listing, eliminating duplicates, as well as listings of less than 0.1 acres. The listings were then ranked by price per acre. The data in this study was compiled and is accurate as of Oct. 22, 2019.
This article originally appeared on GOBankingRates.com: 50 Cheapest Places To Buy Land in America
