Cheapest States to Buy Land

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Table

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

#StateMedian Price per Acre
1Arizona$4,164
2New Mexico$6,000
3Mississippi$10,835
4Colorado$11,561
5Arkansas$11,596
6New York$12,027
7Missouri$14,078
8Oregon$16,162
9Alabama$18,103
10Michigan$18,333
11Oklahoma$19,628
12California$19,965
13North Carolina$20,349
14Kentucky$21,357
15South Carolina$22,129
16Tennessee$22,727
17Virginia$23,864
18Wisconsin$25,229
19Louisiana$26,767
20Kansas$26,950
21Montana$28,861
22Illinois$29,250
23Texas$29,818
24Georgia$29,983
25Florida$34,900
26Pennsylvania$42,539
27Indiana$43,750
28West Virginia$44,833
29Maine$45,404
30North Dakota$46,117
31Minnesota$47,375
32Nebraska$49,830
33Iowa$51,087
34Wyoming$54,000
35Nevada$59,942
36Alaska$62,163
37Vermont$62,297
38Idaho$62,500
39Ohio$69,620
40South Dakota$77,352
41Washington$80,357
42Maryland$106,195
43New Hampshire$165,149
44Delaware$175,612
45Utah$195,960
46Hawaii$202,429
47New Jersey$242,883
48Connecticut$282,925
49Massachusetts$333,250
50Rhode 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

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Median Price per Acre

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$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.

Median Price per Acre

Alaska

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$62,163

Ranked in the US

#36

Median Price per Acre

Arizona

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$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.

Median Price per Acre

Arkansas

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$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.

Median Price per Acre

California

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$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.

Median Price per Acre

Colorado

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$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.

Median Price per Acre

Connecticut

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$282,925

Ranked in the US

#48

Median Price per Acre

Delaware

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$175,612

Ranked in the US

#44

Median Price per Acre

Florida

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$34,900

Ranked in the US

#25

Median Price per Acre

Georgia

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$29,983

Ranked in the US

#24

Median Price per Acre

Hawaii

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$202,429

Ranked in the US

#46

Median Price per Acre

Idaho

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$62,500

Ranked in the US

#38

Median Price per Acre

Illinois

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$29,250

Ranked in the US

#22

Median Price per Acre

Indiana

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$43,750

Ranked in the US

#27

Median Price per Acre

Iowa

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$51,087

Ranked in the US

#33

Median Price per Acre

Kansas

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$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.

Median Price per Acre

Kentucky

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$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.

Median Price per Acre

Louisiana

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$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.

Median Price per Acre

Maine

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$45,404

Ranked in the US

#29

Median Price per Acre

Maryland

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$106,195

Ranked in the US

#42

Median Price per Acre

Massachusetts

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$333,250

Ranked in the US

#49

Median Price per Acre

Michigan

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$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.

Median Price per Acre

Minnesota

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$47,375

Ranked in the US

#31

Median Price per Acre

Mississippi

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$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.

Median Price per Acre

Missouri

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$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.

Median Price per Acre

Montana

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$28,861

Ranked in the US

#21

Median Price per Acre

Nebraska

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$49,830

Ranked in the US

#32

Median Price per Acre

Nevada

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$59,942

Ranked in the US

#35

Median Price per Acre

New Hampshire

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$165,149

Ranked in the US

#43

Median Price per Acre

New Jersey

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$242,883

Ranked in the US

#47

Median Price per Acre

New Mexico

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$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.

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New York

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$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.

Median Price per Acre

North Carolina

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$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.

Median Price per Acre

North Dakota

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$46,117

Ranked in the US

#30

Median Price per Acre

Ohio

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$69,620

Ranked in the US

#39

Median Price per Acre

Oklahoma

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$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.

Median Price per Acre

Oregon

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$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.

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Pennsylvania

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$42,539

Ranked in the US

#26

Median Price per Acre

Rhode Island

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$350,374

Ranked in the US

#50

Median Price per Acre

South Carolina

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$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.

Median Price per Acre

South Dakota

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$77,352

Ranked in the US

#40

Median Price per Acre

Tennessee

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$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.

Median Price per Acre

Texas

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$29,818

Ranked in the US

#23

Median Price per Acre

Utah

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$195,960

Ranked in the US

#45

Median Price per Acre

Vermont

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$62,297

Ranked in the US

#37

Median Price per Acre

Virginia

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$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.

Median Price per Acre

Washington

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$80,357

Ranked in the US

#41

Median Price per Acre

West Virginia

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$44,833

Ranked in the US

#28

Median Price per Acre

Wisconsin

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$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.

Median Price per Acre

Wyoming

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$54,000

Ranked in the US

#34

Median Price per Acre

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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