Cheapest Places To Buy a Home in Every State
According to Zillow, the typical home value in the United States is $259,906. Depending on the home, the state, the neighborhood, and the market, however, that amount can be far from typical.
Despite the pandemic and the economic fallout it created, the early pessimism expressed by so many housing experts has been largely unfounded. In much of the country, the housing market is sizzling ? a red-hot seller?s market. Although many are still bracing for what they consider to be the inevitable crash, inventory is not staying on the market for long despite the fact that prices have been on the rise throughout the summer.
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. In order to find the least expensive places to buy a home, GOBankingRates used data from Zillow and the U.S. Census Bureau to analyze every significant city in all 50 states and chose three to five places where houses are a steal. Here?s where homebuyers on a budget should start their search.
Alabama
Gadsden
2020 typical home value: $38,732
Birmingham
2020 typical home value: $67,873
Montgomery
2020 typical home value: $95,112
Phenix City
2020 typical home value: $103,668
Florence
2020 typical home value: $121,775
Alaska
Fairbanks
2020 typical home value: $256,870
Knik-Fairview
2020 typical home value: $260,105
Tanaina
2020 typical home value: $266,258
Arizona
San Luis
2020 typical home value: $145,303
Yuma
2020 typical home value: $176,767
Sierra Vista
2020 typical home value: $202,295
Casa Grande
2020 typical home value: $206,492
Bullhead City
2020 typical home value: $206,781
Arkansas
Pine Bluff
2020 typical home value: $50,026
Texarkana
2020 typical home value: $104,409
North Little Rock
2020 typical home value: $107,141
Fort Smith
2020 typical home value: $120,235
Benton
2020 typical home value: $151,799
California
Oildale
2020 typical home value: $175,243
Porterville
2020 typical home value: $212,873
Tulare
2020 typical home value: $225,149
Delano
2020 typical home value: $225,217
Adelanto
2020 typical home value: $238,261
Colorado
Pueblo
2020 typical home value: $197,640
Grand Junction
2020 typical home value: $267,293
Security-Widefield
2020 typical home value: $283,342
Greeley
2020 typical home value: $325,339
Colorado Springs
2020 typical home value: $328,934
Connecticut
Hartford
2020 typical home value: $117,984
Waterbury
2020 typical home value: $135,610
Torrington
2020 typical home value: $150,724
Norwich
2020 typical home value: $159,056
New Britain
2020 typical home value: $161,762
Delaware
Dover
2020 typical home value: $195,329
Wilmington
2020 typical home value: $208,863
Milford
2020 typical home value: $223,466
Newark
2020 typical home value: $252,119
Smyrna
2020 typical home value: $267,920
Florida
University (Hillsborough County)
2020 typical home value: $87,827
Lauderdale Lakes
2020 typical home value: $100,924
Lauderhill
2020 typical home value: $147,393
Ocala
2020 typical home value: $161,871
Pensacola
2020 typical home value: $163,161
Georgia
Albany
2020 typical home value: $88,310
Macon
2020 typical home value: $94,410
Columbus
2020 typical home value: $108,456
Augusta
2020 typical home value: $114,106
Valdosta
2020 typical home value: $121,288
Hawaii
Hilo
2020 typical home value: $363,678
Waipahu
2020 typical home value: $678,779
Kahului
2020 typical home value: $681,117
Honolulu
2020 typical home value: $713,275
Pearl City
2020 typical home value: $738,623
Idaho
Pocatello
2020 typical home value: $190,853
Twin Falls
2020 typical home value: $223,075
Idaho Falls
2020 typical home value: $247,141
Caldwell
2020 typical home value: $252,446
Lewiston
2020 typical home value: $259,540
Illinois
Danville
2020 typical home value: $65,457
Galesburg
2020 typical home value: $71,291
Decatur
2020 typical home value: $77,549
Peoria
2020 typical home value: $88,766
Belleville
2020 typical home value: $93,025
Indiana
Gary
2020 typical home value: $38,280
Anderson
2020 typical home value: $71,683
Muncie
2020 typical home value: $87,784
Richmond
2020 typical home value: $95,930
Terre Haute
2020 typical home value: $101,017
Iowa
Waterloo
2020 typical home value:$106,352
Sioux City
2020 typical home value: $123,007
Davenport
2020 typical home value:$136,621
Council Bluffs
2020 typical home value:$141,185
Cedar Rapids
2020 typical home value: $146,737
Kansas
Hutchinson
2020 typical home value: $101,445
Kansas City
2020 typical home value: $119,497
Topeka
2020 typical home value: $124,847
Salina
2020 typical home value: $128,843
Wichita
2020 typical home value: $138,582
Kentucky
Hopkinsville
2020 typical home value: $106,587
Covington
2020 typical home value: $122,056
Owensboro
2020 typical home value: $137,454
Bowling Green
2020 typical home value: $175,610
Louisville
2020 typical home value: $182,300
Louisiana
Shreveport
2020 typical home value: $106,869
Alexandria
2020 typical home value: $110,939
Monroe
2020 typical home value: $116,895
Marrero
2020 typical home value: $161,358
Bossier City
2020 typical home value: $164,343
Maine
Waterville
2020 typical home value: $134,700
Augusta
2020 typical home value: $154,878
Bangor
2020 typical home value: $162,197
Lewiston
2020 typical home value: $168,273
Auburn
2020 typical home value: $181,285
Maryland
Dundalk
2020 typical home value: $147,823
Hagerstown
2020 typical home value: $152,915
Baltimore
2020 typical home value: $153,526
Salisbury
2020 typical home value: $166,959
Parkville
2020 typical home value: $201,783
Massachusetts
Springfield
2020 typical home value: $179,834
Pittsfield
2020 typical home value: $187,662
Chicopee
2020 typical home value: $205,927
Holyoke
2020 typical home value: $214,584
Fitchburg
2020 typical home value: $241,086
Michigan
Flint
2020 typical home value: $30,698
Detroit
2020 typical home value: $38,633
Bay City
2020 typical home value: $66,553
Saginaw
2020 typical home value: $70,218
Pontiac
2020 typical home value: $79,488
Minnesota
St. Cloud
2020 typical home value: $180,195
Duluth
2020 typical home value: $205,887
Moorhead
2020 typical home value: $206,761
Mankato
2020 typical home value: $228,903
Brooklyn Center
2020 typical home value: $233,910
Mississippi
Jackson
2020 typical home value: $41,133
Greenville
2020 typical home value: $76,577
Meridian
2020 typical home value: $91,271
Gulfport
2020 typical home value: $130,713
Tupelo
2020 typical home value: $132,305
Missouri
St. Joseph
2020 typical home value: $104,790
Florissant
2020 typical home value: $115,525
Joplin
2020 typical home value: $115,741
Independence
2020 typical home value: $132,835
St. Louis
2020 typical home value: $134,609
Montana
Great Falls
2020 typical home value: $200,578
Billings
2020 typical home value: $262,755
Helena
2020 typical home value: $291,306
Nebraska
Beatrice
2020 typical home value: $109,183
Lexington
2020 typical home value: $121,261
Hastings
2020 typical home value: $131,389
Scottsbluff
2020 typical home value: $131,714
South Sioux City
2020 typical home value: $145,819
Nevada
Pahrump
2020 typical home value: $258,611
North Las Vegas
2020 typical home value: $274,460
Fernley
2020 typical home value: $275,376
Mesquite
2020 typical home value: $285,150
Las Vegas
2020 typical home value: $291,207
New Hampshire
Berlin
2020 typical home value: $82,799
Claremont
2020 typical home value: $140,913
Keene
2020 typical home value: $193,273
Rochester
2020 typical home value: $230,819
Laconia
2020 typical home value: $240,043
New Jersey
Camden
2020 typical home value: $67,371
Atlantic City
2020 typical home value: $120,457
Vineland
2020 typical home value: $165,937
Trenton
2020 typical home value: $185,885
Toms River
2020 typical home value: $247,827
New Mexico
Roswell
2020 typical home value: $111,148
Alamogordo
2020 typical home value: $135,825
Farmington
2020 typical home value: $155,664
Clovis
2020 typical home value: $163,670
South Valley
2020 typical home value: $165,281
New York
Niagara Falls
2020 typical home value: $103,760
Syracuse
2020 typical home value: $107,034
Buffalo
2020 typical home value: $110,800
Rome
2020 typical home value: $113,973
Utica
2020 typical home value: $120,590
North Carolina
Rocky Mount
2020 typical home value: $91,894
Fayetteville
2020 typical home value: $125,741
Wilson
2020 typical home value: $128,157
Burlington
2020 typical home value: $132,179
Goldsboro
2020 typical home value: $137,606
North Dakota
Jamestown
2020 typical home value: $167,642
Minot
2020 typical home value: $198,256
Grand Forks
2020 typical home value: $222,432
Fargo
2020 typical home value: $231,949
Mandan
2020 typical home value: $244,480
Ohio
Youngstown
2020 typical home value: $27,937
Warren
2020 typical home value: $42,307
Dayton
2020 typical home value: $65,325
Marion
2020 typical home value: $65,514
Cleveland
2020 typical home value: $71,484
Oklahoma
Muskogee
2020 typical home value: $69,512
Lawton
2020 typical home value: $82,949
Shawnee
2020 typical home value: $83,636
Enid
2020 typical home value: $85,434
Bartlesville
2020 typical home value: $107,695
Oregon
Springfield
2020 typical home value: $295,138
Salem
2020 typical home value: $299,546
Medford
2020 typical home value: $302,491
Albany
2020 typical home value: $304,660
Grants Pass
2020 typical home value: $310,879
Pennsylvania
Harrisburg
2020 typical home value: $60,442
Wilkes-Barre
2020 typical home value: $72,049
Altoona
2020 typical home value: $93,167
Scranton
2020 typical home value: $101,362
Erie
2020 typical home value: $123,391
Rhode Island
Central Falls
2020 typical home value: $220,686
Woonsocket
2020 typical home value: $233,146
Pawtucket
2020 typical home value: $239,978
Providence
2020 typical home value: $248,393
Warwick
2020 typical home value: $253,797
South Carolina
Sumter
2020 typical home value: $126,110
Spartanburg
2020 typical home value: $139,588
Florence
2020 typical home value: $148,963
Columbia
2020 typical home value: $149,191
Myrtle Beach
2020 typical home value: $170,296
South Dakota
Huron
2020 typical home value: $133,763
Mitchell
2020 typical home value: $165,923
Aberdeen
2020 typical home value: $172,378
Vermillion
2020 typical home value: $182,435
Yankton
2020 typical home value: $182,464
Tennessee
Memphis
2020 typical home value: $99,592
Jackson
2020 typical home value: $127,844
Kingsport
2020 typical home value: $144,135
Johnson City
2020 typical home value: $170,011
Cleveland
2020 typical home value: $177,790
Texas
Port Arthur
2020 typical home value: $68,370
Wichita Falls
2020 typical home value: $98,188
Brownsville
2020 typical home value: $104,513
Pharr
2020 typical home value: $109,151
Harlingen
2020 typical home value: $110,346
Utah
Ogden
2020 typical home value: $239,766
Cedar City
2020 typical home value: $239,820
Logan
2020 typical home value: $248,885
Tooele
2020 typical home value: $271,551
Clearfield
2020 typical home value: $274,286
Vermont
Rutland
2020 typical home value: $184,712
South Burlington
2020 typical home value: $324,145
Burlington
2020 typical home value: $351,387
Virginia
Danville
2020 typical home value: $86,674
Petersburg
2020 typical home value: $133,980
Lynchburg
2020 typical home value: $161,688
Roanoke
2020 typical home value: $173,692
Portsmouth
2020 typical home value: $176,001
Washington
Yakima
2020 typical home value: $252,085
Spokane
2020 typical home value: $265,899
Spokane Valley
2020 typical home value: $281,930
Walla Walla
2020 typical home value: $283,556
Longview
2020 typical home value: $283,649
West Virginia
Bluefield
2020 typical home value: $58,002
Clarksburg
2020 typical home value: $73,934
Beckley
2020 typical home value: $75,956
Huntington
2020 typical home value: $87,692
Weirton
2020 typical home value: $90,793
Wisconsin
Beloit
2020 typical home value: $106,642
Manitowoc
2020 typical home value: $122,245
Racine
2020 typical home value: $128,661
Fond du Lac
2020 typical home value: $130,081
Milwaukee
2020 typical home value: $136,820
Wyoming
Evanston
2020 typical home value: $187,843
Riverton
2020 typical home value: $193,598
Casper
2020 typical home value: $211,879
Rock Springs
2020 typical home value: $238,702
Green River
2020 typical home value: $244,810
More From GOBankingRates
Methodology: In order to find the cheapest places to buy a home in every state, GOBankingRates looked at every city in each state with a population over 30,000 (10,000 in select states due to low population or limited data availability), as sourced from the U.S. Census Bureau’s 2018 American Community Survey 5-year estimates. Then, GOBankingRates identified the 3 to 5 qualifying cities in each state with the lowest average 2020 typical home value, sourced from Zillow’s home value index. All data were collected on and is up to date as of Oct. 7, 2020.
Researcher’s note: Because cities were selected for the final ranking based solely on their home values compared to others in their state, some cities may have prices above the national average or other economic problems that drive home prices down.
This article originally appeared on GOBankingRates.com: Cheapest Places To Buy a Home in Every State
