Introduction
When it comes to purchasing land in the United States, there are significant variations in prices across different states. Some of the cheapest states to buy land are Arizona with a median price of $4,164 per acre, followed by New Mexico at $6,000 per acre. Mississippi, Colorado, and Arkansas also offer relatively affordable land with median prices ranging from $10,835 to $11,596 per acre.
One general trend observed is that states in the Midwest and the South tend to have lower land prices compared to states on the East and West Coasts. This can be attributed to factors such as population density, regional economic conditions, and demand for land. For instance, states like Texas, Georgia, and Florida offer land at relatively affordable prices, ranging from $29,818 to $34,900 per acre, despite their larger populations and robust economies.
Cheapest Land in the US
# | State | Median Price per Acre |
---|---|---|
1 | Arizona | $4,164 |
2 | New Mexico | $6,000 |
3 | Mississippi | $10,835 |
4 | Colorado | $11,561 |
5 | Arkansas | $11,596 |
6 | New York | $12,027 |
7 | Missouri | $14,078 |
8 | Oregon | $16,162 |
9 | Alabama | $18,103 |
10 | Michigan | $18,333 |
11 | Oklahoma | $19,628 |
12 | California | $19,965 |
13 | North Carolina | $20,349 |
14 | Kentucky | $21,357 |
15 | South Carolina | $22,129 |
16 | Tennessee | $22,727 |
17 | Virginia | $23,864 |
18 | Wisconsin | $25,229 |
19 | Louisiana | $26,767 |
20 | Kansas | $26,950 |
21 | Montana | $28,861 |
22 | Illinois | $29,250 |
23 | Texas | $29,818 |
24 | Georgia | $29,983 |
25 | Florida | $34,900 |
26 | Pennsylvania | $42,539 |
27 | Indiana | $43,750 |
28 | West Virginia | $44,833 |
29 | Maine | $45,404 |
30 | North Dakota | $46,117 |
31 | Minnesota | $47,375 |
32 | Nebraska | $49,830 |
33 | Iowa | $51,087 |
34 | Wyoming | $54,000 |
35 | Nevada | $59,942 |
36 | Alaska | $62,163 |
37 | Vermont | $62,297 |
38 | Idaho | $62,500 |
39 | Ohio | $69,620 |
40 | South Dakota | $77,352 |
41 | Washington | $80,357 |
42 | Maryland | $106,195 |
43 | New Hampshire | $165,149 |
44 | Delaware | $175,612 |
45 | Utah | $195,960 |
46 | Hawaii | $202,429 |
47 | New Jersey | $242,883 |
48 | Connecticut | $282,925 |
49 | Massachusetts | $333,250 |
50 | Rhode Island | $350,374 |
States With Cheapest Land
The ten states with the cheapest land are Arizona, New Mexico, Mississippi, Colorado, Arkansas, New York, Missouri, Oregon, Alabama, and Michigan. Arizona is the cheapest state to buy land with a median price of $4,164 per acre. New Mexico is the second cheapest state to buy land with a median price of $6,000 per acre. Mississippi has the third cheapest land in the US with a median price of $10,835 per acre. Colorado is the fourth state with the cheapest land with a price of $11,561 per acre, while Arkansas is close behind at $11,596 per acre. New York has a median price of $12,027 per acre, making it the sixth cheapest land in the US. Missouri is the seventh cheapest state to buy land with a median price of $14,078 per acre. Oregon offers land at $16,162 per acre, and Alabama is relatively affordable with a median price of $18,103 per acre. Finally, Michigan has the tenth cheapest land in the US with a median price of $18,333 per acre.
The ten states with the cheapest land are:
1. Arizona – $4,164
2. New Mexico – $6,000
3. Mississippi – $10,835
4. Colorado – $11,561
5. Arkansas – $11,596
6. New York – $12,027
7. Missouri – $14,078
8. Oregon – $16,162
9. Alabama – $18,103
10. Michigan – $18,333
Cheapest State to Buy Land
Arizona stands out as the state with the cheapest land in the United States, reporting a median price of $4,164 per acre. This affordability has positioned Arizona as an attractive destination for individuals and investors looking to acquire land without breaking the bank. With its diverse landscapes ranging from desert plains to mountainous regions, Arizona offers a wide range of opportunities for various purposes, including agriculture, recreational activities, and residential development.
Cheapest Land in USA
Alabama
Median Price per Acre
$18,103
Ranked in the US
#9
Alabama ranks ninth for the cheapest land in the US with a median price per acre of $18,103. The state's affordability can be attributed to factors such as its primarily rural nature, lower population density compared to more densely populated states, and a mix of agricultural and forested areas that may offer land at relatively lower prices.
Alaska
Median Price per Acre
$62,163
Ranked in the US
#36
Arizona
Median Price per Acre
$4,164
Ranked in the US
#1
Arizona has the cheapest land in the US with a median price per acre of $4,164. The state's affordability can be attributed to factors such as its vast expanses of desert terrain, which may be perceived as less desirable for certain land uses, and lower demand compared to more densely populated areas.
Arkansas
Median Price per Acre
$11,596
Ranked in the US
#5
Arkansas ranks fifth for the cheapest land in the US with a median price per acre of $11,596. The state's affordability can be attributed to factors such as its predominantly rural nature, relatively lower population density, and a diverse landscape that includes forested areas, which may limit certain land development opportunities compared to more urbanized states.
California
Median Price per Acre
$19,965
Ranked in the US
#12
California, despite its reputation for high living costs, surprisingly has the twelfth cheapest land in the US with a median price per acre of $19,965. This is primarily due to the vast size and diversity of California's land market, with rural and less developed areas offering more affordable options compared to the heavily populated urban centers. However, it's important to note that land prices can vary significantly across different regions within the state.
Colorado
Median Price per Acre
$11,561
Ranked in the US
#4
Colorado has the fourth cheapest land in the US with a median price per acre of $11,561. The state's affordability can be influenced by factors such as its wide range of geographical features, including mountainous regions and high-altitude areas, which may limit land use options and demand compared to more accessible and flat terrains.
Connecticut
Median Price per Acre
$282,925
Ranked in the US
#48
Delaware
Median Price per Acre
$175,612
Ranked in the US
#44
Florida
Median Price per Acre
$34,900
Ranked in the US
#25
Georgia
Median Price per Acre
$29,983
Ranked in the US
#24
Hawaii
Median Price per Acre
$202,429
Ranked in the US
#46
Idaho
Median Price per Acre
$62,500
Ranked in the US
#38
Illinois
Median Price per Acre
$29,250
Ranked in the US
#22
Indiana
Median Price per Acre
$43,750
Ranked in the US
#27
Iowa
Median Price per Acre
$51,087
Ranked in the US
#33
Kansas
Median Price per Acre
$26,950
Ranked in the US
#20
Kansas provides the twentieth cheapest land in the US, with a median price per acre of $26,950. The state's affordability can be attributed to its primarily rural and agricultural nature, which results in relatively lower demand for land and ample availability for farming and related purposes.
Kentucky
Median Price per Acre
$21,357
Ranked in the US
#14
Kentucky has the fourteenth cheapest land in the US, with a median price per acre of $21,357. The state's affordability can be attributed to its rural character, ample availability of land, and lower population density, making it an attractive option for those seeking affordable land for agricultural, recreational, or residential purposes.
Louisiana
Median Price per Acre
$26,767
Ranked in the US
#19
Louisiana offers the nineteenth cheapest land in the US, with a median price per acre of $26,767. This affordability can be attributed to factors such as the state's large availability of land, particularly in rural and less populated areas, as well as the prominence of agricultural activities and rural industries.
Maine
Median Price per Acre
$45,404
Ranked in the US
#29
Maryland
Median Price per Acre
$106,195
Ranked in the US
#42
Massachusetts
Median Price per Acre
$333,250
Ranked in the US
#49
Michigan
Median Price per Acre
$18,333
Ranked in the US
#10
Michigan has the tenth cheapest land in the US with a median price per acre of $18,333. The state's affordability can be influenced by factors such as its extensive rural areas, lower population density in certain regions, and a diverse economy that includes agriculture, manufacturing, and tourism, which may contribute to varying land prices across the state.
Minnesota
Median Price per Acre
$47,375
Ranked in the US
#31
Mississippi
Median Price per Acre
$10,835
Ranked in the US
#3
Mississippi ranks third for the cheapest land in the US with a median price per acre of $10,835. The state's affordability can be attributed to factors such as its primarily rural nature, lower cost of living compared to some other states, and a relatively slower pace of economic growth, which may contribute to lower demand for land.
Missouri
Median Price per Acre
$14,078
Ranked in the US
#7
Missouri ranks seventh for the cheapest land in the US with a median price per acre of $14,078. The state's affordability can be attributed to factors such as its mix of rural and urban areas, lower population density in certain regions, and a diverse economy that may result in varying land prices across different parts of the state.
Montana
Median Price per Acre
$28,861
Ranked in the US
#21
Nebraska
Median Price per Acre
$49,830
Ranked in the US
#32
Nevada
Median Price per Acre
$59,942
Ranked in the US
#35
New Hampshire
Median Price per Acre
$165,149
Ranked in the US
#43
New Jersey
Median Price per Acre
$242,883
Ranked in the US
#47
New Mexico
Median Price per Acre
$6,000
Ranked in the US
#2
New Mexico has the second cheapest land in the US with a median price per acre of $6,000. The state's affordability is influenced by factors such as its vast rural areas, which may have limited economic development opportunities compared to more urbanized regions, and lower population density, leading to less competition for land.
New York
Median Price per Acre
$12,027
Ranked in the US
#6
New York has the sixth cheapest land in the US with a median price per acre of $12,027. The state's affordability can be influenced by factors such as its mix of urban and rural areas, with certain regions experiencing lower land prices due to factors such as limited accessibility, less desirable terrain, or lower demand compared to highly sought-after locations within the state.
North Carolina
Median Price per Acre
$20,349
Ranked in the US
#13
North Carolina offers the thirteenth cheapest land in the US with a median price per acre of $20,349. The state's affordability can be attributed to a combination of factors such as a diverse range of available land types, including agricultural, forested, and rural residential areas, as well as a relatively lower population density outside of major metropolitan regions.
North Dakota
Median Price per Acre
$46,117
Ranked in the US
#30
Ohio
Median Price per Acre
$69,620
Ranked in the US
#39
Oklahoma
Median Price per Acre
$19,628
Ranked in the US
#11
Oklahoma has the eleventh cheapest land in the US with a median price per acre of $19,628. This affordability can be attributed to Oklahoma's relatively lower population density and a significant amount of available land, making it an attractive option for those seeking affordable land for various purposes, including agriculture and recreational activities.
Oregon
Median Price per Acre
$16,162
Ranked in the US
#8
Oregon has the eighth cheapest land in the US with a median price per acre of $16,162. The state's affordability can be influenced by factors such as its extensive natural landscapes, including forests and mountains, which may limit land use options and demand, particularly in more remote or less accessible areas.
Pennsylvania
Median Price per Acre
$42,539
Ranked in the US
#26
Rhode Island
Median Price per Acre
$350,374
Ranked in the US
#50
South Carolina
Median Price per Acre
$22,129
Ranked in the US
#15
South Carolina offers the fifteenth cheapest land in the US, with a median price per acre of $22,129. The state's affordability can be attributed to a combination of factors such as a relatively lower population density outside of major urban areas, diverse land types including rural and agricultural areas, and the presence of available land for various purposes.
South Dakota
Median Price per Acre
$77,352
Ranked in the US
#40
Tennessee
Median Price per Acre
$22,727
Ranked in the US
#16
Tennessee provides the sixteenth cheapest land in the US, with a median price per acre of $22,727. The state's affordability can be attributed to its rural character, lower population density, and diverse land opportunities for activities such as agriculture, outdoor recreation, and residential development.
Texas
Median Price per Acre
$29,818
Ranked in the US
#23
Utah
Median Price per Acre
$195,960
Ranked in the US
#45
Vermont
Median Price per Acre
$62,297
Ranked in the US
#37
Virginia
Median Price per Acre
$23,864
Ranked in the US
#17
Virginia offers the seventeenth cheapest land in the US, with a median price per acre of $23,864. The state's affordability can be attributed to a variety of factors, including rural and less developed areas with lower demand, ample availability of land, and diverse opportunities for agriculture, forestry, and other rural uses.
Washington
Median Price per Acre
$80,357
Ranked in the US
#41
West Virginia
Median Price per Acre
$44,833
Ranked in the US
#28
Wisconsin
Median Price per Acre
$25,229
Ranked in the US
#18
Wisconsin has the eighteenth cheapest land in the US, with a median price per acre of $25,229. This affordability can be attributed to the state's substantial agricultural sector, which provides a significant supply of available land for farming and related purposes, as well as the presence of rural and forested areas with lower population density.
Wyoming
Median Price per Acre
$54,000
Ranked in the US
#34
FAQs
What state has the cheapest land ?
Arizona has the cheapest land, with a median price of $4,164 per acre.
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