Cheapest States to Buy a House

Alabama is the seventh cheapest state to buy a house, with an average home value of $179,358. The state's affordability is influenced by a combination of factors, including a lower cost of living, a more modest cost of construction, and a real estate market that offers a variety of affordable housing options.

Arkansas follows closely behind as the fourth cheapest state to buy a house, with an average home value of $157,696. The state's affordable housing prices can be attributed to a combination of factors, including a lower cost of living, a more modest cost of construction, and a less competitive real estate market.

Illinois is the sixteenth cheapest state to buy a house with an average home value of $233,443. Affordable housing options in Illinois are influenced by factors such as a diverse range of housing markets across the state, a relatively lower cost of living compared to some neighboring states, and a mix of urban and suburban areas offering varied housing choices.

Indiana is the eleventh cheapest state to buy a house with an average home value of $192,337. Indiana offers affordable housing due to a combination of factors, including a relatively lower cost of living, a more balanced supply and demand in the real estate market, and affordable construction costs.

Iowa is the sixth cheapest state to buy a house, with an average home value of $177,976. Its affordability can be attributed to factors such as a lower cost of living, a more modest cost of construction, and a real estate market that provides a range of budget-friendly housing choices.

Kansas follows closely behind as the ninth cheapest state to buy a house, with an average home value of $189,032. Its affordability can be attributed to factors such as a lower cost of living, a more modest cost of construction, and a real estate market that offers a range of affordable housing options.

Kentucky ranks as the fifth cheapest state to buy a house, with an average home value of $176,324. The state's affordability stems from a lower cost of living, making it an appealing option for those seeking more affordable housing options.

Louisiana is the tenth cheapest state to buy a house, with an average home value of $190,229. The state's affordability is influenced by a combination of factors, including a lower cost of living, a more modest cost of construction, and a real estate market that provides a variety of budget-friendly housing choices.

Michigan is the thirteenth cheapest state to buy a house with an average home value of $207,493. The state's affordable housing can be attributed to factors like a more affordable cost of living, a mix of urban and suburban areas with varied housing options, and a stable real estate market that provides opportunities for budget-conscious buyers.

Mississippi is the second cheapest state to buy a house with an average home value of $146,876. The state's affordability can be attributed to its relatively low cost of living, coupled with a real estate market that offers more affordable housing choices.

Missouri is the twelfth cheapest state to buy a house with an average home value of $202,083. Missouri's affordable housing market is influenced by factors such as a lower cost of living, a relatively stable real estate market, and a diverse range of housing options that cater to different budget levels.

Nebraska is the fourteenth cheapest state to buy a house with an average home value of $220,718. Nebraska's affordable housing market benefits from factors such as a lower cost of living, a balanced supply and demand in the real estate market, and a variety of housing options that cater to different budgets and preferences.

New Mexico is the twentieth cheapest state to buy a house with an average home value of $250,102. New Mexico's affordable housing market is influenced by factors such as a relatively lower cost of living, a diverse range of housing options, and a mix of urban and rural areas providing affordable housing choices.

Ohio ranks as the eighth cheapest state to buy a house, with an average home value of $187,162. Its affordability is driven by factors such as a lower cost of living and a real estate market that provides relatively more affordable housing choices compared to other states.

Oklahoma is the third cheapest state to buy a house, with an average home value of $157,233. The state's affordable housing market is influenced by factors such as a lower cost of construction and a relatively lower demand, making it an attractive option for budget-conscious buyers.

Pennsylvania is the eighteenth cheapest state to buy a house with an average home value of $237,674. Pennsylvania's affordable housing market can be attributed to factors such as a mix of urban and rural areas with varied housing options, a relatively lower cost of living compared to some neighboring states, and a stable real estate market.

South Carolina is the fifteenth cheapest state to buy a house with an average home value of $231,270. South Carolina's affordable housing market is influenced by factors such as a relatively lower cost of living, a mix of urban and rural areas with affordable housing options, and a strong supply of available homes.

Tennessee is the nineteenth cheapest state to buy a house with an average home value of $239,612. Tennessee offers affordable housing options due to factors such as a lower cost of living, a strong supply of available homes, and a stable real estate market that presents opportunities for budget-conscious buyers.

West Virginia is the cheapest state to buy a house with an average home value of $126,115, thanks to its lower cost of living and a more modest cost of construction contributing to more affordable housing options.

Wisconsin is the seventeenth cheapest state to buy a house with an average home value of $236,227. Wisconsin's affordable housing market benefits from factors such as a lower cost of living, a relatively balanced supply and demand in the real estate market, and a mix of urban and rural areas providing housing options at affordable price points.