Overall Score 6.3 Overall Score. Estimated monthly mortgage payment: $1,188.07 (25.2% of monthly income) Ohio has a reputation for being affordable, especially when you compare it to next-door neighbor Pennsylvania. To sum up, here are 10 cheapest States to buy a house in the U.S. West Virginia; Mississippi; Oklahoma; Arkansas; Kentucky; Alabama; Iowa; Ohio; Kansas; Indiana Average home value: $208,784. Texas. The cities with the most bidding wars on homes, according to real estate data. State median sale price: $856k. Tennessee. 4. State median sale price to household income: 9.2x. 7. The median listing price for a home was The Top 5 States for Retirees to Buy Cheap PropertyTennessee. This landlocked southern state is most famous for its centrally located capital, Nashville. Arkansas. Known as the Natural State, Arkansas borders the Mississippi River and is well known for its abundance of outdoor recreation opportunities from fishing, hunting, and hiking to mountain West Virginia. New Mexico. Texas. U.S. News & World Report ranked the Cheapest Places to Live based on what matters most so you can make informed decisions. 1813 . Ohio. State: Mississippi ; Average home price: $134,125. #1 Cheapest State: Indiana #2 Cheapest State: Iowa #3 Cheapest State: West Virginia #4 Cheapest State: Arkansas #5 Cheapest State: Kentucky #6 Cheapest State: Alabama #7 Cheapest State: Ohio #8 Cheapest State: Michigan #9 Cheapest State: Missouri #10 Cheapest State: Nebraska You could save over $200 a month in mortgage payments by living in the Buckeye State. The study projects Tennessee to be the cheapest state to buy a home in this year, citing a low cost of living, lack of income tax and low property taxes. Tennessee is full of musical hotspots 2. The 10 Cheapest States To Buy A House In 2022 + Money-Saving Moves. If youre looking to improve your Southern hospitality skills, Tennessee may be the place for you. Illinois. Housing is particularly affordable, coming in Median Home Price: $147,800; Estimated Monthly Mortgage Payment: $702; This Midwestern state is the largest producer of corn in the country, and its miles of farmland are a testament to that. Honolulu median sale price to household income: 9.8x 2. Most Affordable Places to Live in the U.S. in 2022-2023. Browse 13 cheap houses for sale in Middletown, NY, priced up to $200000. Quality of Life 6.4 Quality of Life. Hatteras Island, North Carolina. Explore Galveston Vacation Homes. Another affordable option is Cleveland, located on the shores of Lake Erie. Honolulu median sale price: $1.38M. Wyoming Oklahoma. 5. Youngstown, a city in Northeast Ohio, is number one on the list of most affordable cities to buy a house. Another North Carolina market that was (beach) bound to make our Best Places to Buy a Beach House 2022 list is the sunny coastal town of Hatteras Island, which consists of seven villages, two lighthouses, and one National Seashore. Tennessee is the cheapest state in the U.S. to buy a home in, the study said. Here are the 10 most expensive states to buy a house in 2022: 1. 1. Population: 11,799,448Home Price: $157,200 median price; $692 median monthly rentMedian Household Income: $58,640Unemployment Rate: 4.5%Cost of Living: 10% lower than the U.S. average In general, West Virginia is one of the cheapest states to live in. Still, there are plenty of Kansas. Find cheap homes for sale, view cheap condos in Middletown, NY, view real estate . The great state of Kansas is the second cheapest state to live in with a score of 86.5. This is an attractive city for younger people, with a median age of only 36. Indiana, is an excellent place to buy a house, start a Read More. 2. Iowa. Population: 560,513Studio Rent: $9231-BR Rent: $1,1652-BR Rent: $1,412 The study projects Tennessee to be the cheapest state to buy a home in this year, citing a low cost of living, lack of income tax and low property taxes. The most expensive state was Oregon, followed by New Mexico, Alaska, Utah and Hawaii. Mississippi is also known as one of the most lenient states for building your own home and building sustainable off-grid Ohio. 3. Hawaii. The largest city is Cincinnati, and the cheapest places to buy a house include Dayton, Marion, Warren, and Youngstown. Another Midwest state on the list, Ohio is the 7th largest state in the U.S. 15 Cheapest States to Buy a House 1. Illinois, Oklahoma and Ohio are all also in the top five, with Texas rounding out SELLING EAST TEXAS: Behind the housing market in the Piney Woods Rocket Mortgage found that Tennessee is the cheapest state to buy a house while Oregon is Wyoming. Wyoming, Shell, The Hideout Guest Ranch, cow-boy, Tom.Indiana. Indianapolis Motor Speedway in Indianapolis, Indiana.Kansas.(tie) Tennessee.(tie) Alabama.Michigan.Missouri.Arkansas.
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