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Cheapest Places To Buy a Home in Every State

Andrew Lisa
·11 min read
©Shutterstock.com / Shutterstock.com
©Shutterstock.com / Shutterstock.com

Intro

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.

Find Out: 35 Surprising Cities With Low Costs of Living

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.

Last updated: April 19, 2021

Statue of Hank Williams, the famous country singer,  on Commerce Street in Montgomery, Alabama with historic buildings on the right.
Statue of Hank Williams, the famous country singer, on Commerce Street in Montgomery, Alabama with historic buildings on the right.

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

    • 2020 typical home value: $121,775Florence

Buy: 8 Insider Tips to Get Rich in Real Estate

Fairbanks-Alaska
Fairbanks-Alaska

Alaska

  • Fairbanks

    • 2020 typical home value: $256,870

  • Knik-Fairview

    • 2020 typical home value: $260,105

  • Tanaina

    • 2020 typical home value: $266,258

See: Homes in These 25 Waterfront Cities Are a Total Steal

Yuma-Arizona
Yuma-Arizona

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

Read More: The Cost To Own a 3-Bedroom Home in Every State

A building painted by artist Okuda San Miguel situated in downtown Fort Smith, Arkansas, is the Future School of Fort Smith, a charter school.
A building painted by artist Okuda San Miguel situated in downtown Fort Smith, Arkansas, is the Future School of Fort Smith, a charter school.

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, United States - winding road in countryside landscape of Tulare County.
California, United States - winding road in countryside landscape of Tulare County.

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

View of Grand Junction, Colorado With the Colorado River - Image.
View of Grand Junction, Colorado With the Colorado River - Image.

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
Connecticut Hartford

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

Wilmington is the largest city in the state of Delaware, United States and is located at the confluence of the Christina River and Brandywine Creek.
Wilmington is the largest city in the state of Delaware, United States and is located at the confluence of the Christina River and Brandywine Creek.

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

Pensacola Florida beach during summer
Pensacola Florida beach during summer

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

Macon, Georgia
Macon, Georgia

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

Honolulu Hawaii
Honolulu Hawaii

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

City of Idaho Falls in Idaho State showing famous landmark church in autumn, USA.
City of Idaho Falls in Idaho State showing famous landmark church in autumn, USA.

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

Peoria Civic Center, Illinois - Image.
Peoria Civic Center, Illinois - Image.

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

Read More: 28 House-Flipping Rules You Should Never Break

Muncie, Indiana / United States - May10, 2019 Ball State University Shafer Bell Tower with road, sidewalk, trees and overcast sky in springtime.
Muncie, Indiana / United States - May10, 2019 Ball State University Shafer Bell Tower with road, sidewalk, trees and overcast sky in springtime.

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

Spring in Waterloo, Iowa / Spring in Iowa - Image.
Spring in Waterloo, Iowa / Spring in Iowa - Image.

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

Wichita, Kansas, USA - Augusst 31, 2018: The confluence of the Arkansas and Little Arkansas River at the Keeper of the Plains near downtown Wichita at dawn.
Wichita, Kansas, USA - Augusst 31, 2018: The confluence of the Arkansas and Little Arkansas River at the Keeper of the Plains near downtown Wichita at dawn.

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

Covington is a city in Kenton County, Kentucky, in the Upland South region of the United States.
Covington is a city in Kenton County, Kentucky, in the Upland South region of the United States.

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
Louisiana Shreveport

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

Lewiston is a city in Androscoggin County in Maine, and the second-largest city in the state.
Lewiston is a city in Androscoggin County in Maine, and the second-largest city in the state.

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

Baltimore Maryland
Baltimore Maryland

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

Springfield is a city in Western Massachusetts in the Pioneer Valley region.
Springfield is a city in Western Massachusetts in the Pioneer Valley region.

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

Autumn colors along the Flint River in downtown Flint, Michigan.
Autumn colors along the Flint River in downtown Flint, Michigan.

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

travel
travel

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

Jackson, Mississippi, USA cityscape at dusk.
Jackson, Mississippi, USA cityscape at dusk.

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

Historic home of President Harry S. Truman in Independence, Missouri.
Historic home of President Harry S. Truman in Independence, Missouri.

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

Billings Montana downtown
Billings Montana downtown

Montana

  • Great Falls

    • 2020 typical home value: $200,578

  • Billings

    • 2020 typical home value: $262,755

  • Helena

    • 2020 typical home value: $291,306

Hastings Naval Ammunition Depot, Nebraska.
Hastings Naval Ammunition Depot, Nebraska.

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

Las Vegas, MAR 25, 2020 - Dusk special lockdown cityscape of the famous Strip and New York New York Hotel & Casino.
Las Vegas, MAR 25, 2020 - Dusk special lockdown cityscape of the famous Strip and New York New York Hotel & Casino.

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

Atlantic City skyline hotel casinos from a scenic beach.
Atlantic City skyline hotel casinos from a scenic beach.

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

Nevada, USA - August 10, 2017: Area 51 Alien Center shop and gas station near death valley.
Nevada, USA - August 10, 2017: Area 51 Alien Center shop and gas station near death valley.

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

view of the city of syracuse in upstate new york.
view of the city of syracuse in upstate new york.

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

The historic Market House in downtown Fayetteville, North Carolina was built in 1838.
The historic Market House in downtown Fayetteville, North Carolina was built in 1838.

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

Multi Faith Chapel in Grand Forks, North Dakota.
Multi Faith Chapel in Grand Forks, North Dakota.

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

Downtown Dayton skyline with the Miami River and skyline reflections at dusk.
Downtown Dayton skyline with the Miami River and skyline reflections at dusk.

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

Muskogee is a town in and the county seat of Muskogee County, Oklahoma, United States.
Muskogee is a town in and the county seat of Muskogee County, Oklahoma, United States.

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

Salem Oregon evening skyline
Salem Oregon evening skyline

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

Harrisburg, Pennsylvania, USA skyline on the Susquehanna River.
Harrisburg, Pennsylvania, USA skyline on the Susquehanna River.

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

Providence, Rhode Island, USA park and skyline.
Providence, Rhode Island, USA park and skyline.

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

Myrtle Beach South Carolina beach homes
Myrtle Beach South Carolina beach homes

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

aberdeen-south-dakota
aberdeen-south-dakota

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

Memphis, Tennessee
Memphis, Tennessee

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

Wichita Falls is a city in and the county seat of Wichita County, Texas, United States.
Wichita Falls is a city in and the county seat of Wichita County, Texas, United States.

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

Cities, Ogden, Utah
Cities, Ogden, Utah

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

Burlington Vermont
Burlington Vermont

Vermont

  • Rutland

    • 2020 typical home value: $184,712

  • South Burlington

    • 2020 typical home value: $324,145

  • Burlington

    • 2020 typical home value: $351,387

Houses and Riverfront of the Elizabeth River in Portsmouth, Virginia during dawn with magenta, purple, and pink clouds.
Houses and Riverfront of the Elizabeth River in Portsmouth, Virginia during dawn with magenta, purple, and pink clouds.

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

Stock photograph of the downtown Spokane, Washington skyline and the Spokane River at sunrise.
Stock photograph of the downtown Spokane, Washington skyline and the Spokane River at sunrise.

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

CLARKSBURG, WV - 15 JUNE 2018: Community Bank historic building in Clarksburg, West Virginia - Image.
CLARKSBURG, WV - 15 JUNE 2018: Community Bank historic building in Clarksburg, West Virginia - Image.

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

Milwaukee
Milwaukee

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

Platte River Bridge and Sunset - Image.
Platte River Bridge and Sunset - Image.

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