Which state has the cheapest homes?
When looking for a suitable place to move to, you should always consider many factors. It would help if you considered what living conditions are like average earnings and expenses, education, weather, and other things that can be crucial in making a decision. One factor that can also be crucial in making a decision is whether you plan to buy or rent a house. If you want to buy a house, you are probably interested in which state has the cheapest homes. Of course, many things affect the price of a house – the size, where it is located, whether it is new or not. But you will also want to explore where the houses are most affordable before deciding to relocate and hire the Best Long Distance Movers. So let’s see together!
What do you need to know when you search which state has the cheapest homes?
When it comes to buying a home, there are a few things to consider when making final purchasing decisions – the proximity of family members, as well as the proximity of the city, school, neighborhood, crime rate, and the like. But what you need to pay special attention to is the cost. That is why it is important to know which countries have the cheapest houses. The real estate market is not the same in all countries.
So you can expect the cost of buying a home to varying considerably from state to state. Determining the location where you will buy a house will help you a lot to know what to expect. When you know the location and size of the house, you know how much money you need to save to participate in buying a house. That is all you need to know before calling Washington long distance moving companies to move you.
States that have the cheapest homes
In the USA, there are as many as eleven countries that have a median home price of $ 100,000 lower than the national average. The median house price in the United States is $ 247,084. We present to you ten of them and it is up to you to choose one country. And then if you opt for this state for example, you can contact the best long distance movers Kentucky to organize your relocation. Here are the states that made it to our list:
1. Mississippi
2. West Virginia
3. Arkansas
4. Oklahoma
5. Kentucky
6. Indiana
7. Alabama
8. Ohio
9. Iowa
10. Kansas
Mississippi is the state that has the cheapest homes
When it comes to buying a home, Mississippi is the cheapest state. Mississippi is home to 3 million inhabitants. The capital Jackson is the largest subway area in Mississippi. The two largest industries in the country are agriculture and manufacturing. With an average house value of $ 114,500, it is more than $ 100,000 lower than the U.S. average. Also, the average house here has 1479 square meters, which means that they do not pay much tax. So the answer to the question of which state has the cheapest homes in the State of Mississippi.
West Virginia
West Virginia is the 40th-most populated state in the U.S. and home to just under 1.8 million residents. That’s why West Virginia is one of the finest states for buying a house so you can call the best long distance movers West Virginia to move you. It is only $ 500 more expensive than in Mississippi and the average house price is $ 150,000. Huntington-Ashland is the largest metropolitan area, and the state capital is Charleston.
Arkansas
The state of Arkansas is home to more than 3 million people. The capital is Little Rock and the largest metropolitan area. The main occupations of the people are agriculture, tourism, and production. With an average house price of $ 123,300, it ranks third in the state with the cheapest houses. Arkansas state property tax rate is 0.63%, the tenth in the US. So if you considering moving here, the best long distance movers Arkansas can be a great help.
Oklahoma
Oklahoma City is the state capital and largest metropolitan area of Oklahoma. The state has about 4 million people and is the 28 most populous state in the United States. The average house price in Oklahoma is $ 130,900, which is over 100,000 lower than the state average. Homeowners in Oklahoma pay a property tax rate of 0.90%. The most developed are the agriculture, manufacturing, and natural resource sectors.
Kentucky
Frankfort is the state capital of Kentucky. Kentucky is home to about 4.5 million people and the largest metropolitan area is Louisville. Agriculture, manufacturing, healthcare, and natural resources are the main sources of income. With a median home value of $ 135,300, Kentucky is the fifth-cheapest state to buy a home in. And property tax rate in Kentucky is 0.86%.
Indiana
The state capital and also the biggest metropolitan area is Indianapolis. The effective state property tax rate is 0.86% and the median home value in Indiana is $135,400. As the 17th-largest state in the U.S, the state of Indiana is home to nearly 6.8 million residents. Manufacturing, agriculture, and healthcare are the most developed sectors.
Alabama
Alabama is home to just over 5 million people, which makes the state the 24th-largest in the U.S. Birmingham is the largest metro area, and Montgomery is the state capital. In Alabama median home price is $137,200, and the second-lowest state property tax rate of 0.42%. The agriculture, manufacturing, healthcare, and financial sectors are most important to the Alabama economy. If you opt to settle here, make sure you get in touch with Alabama long distance movers to help you along.
Ohio
Ohio is home to nearly 12 million residents and the 7th largest state in the U.S. Columbus is the state capital and Ohio’s median home value is about $140,000. Property taxes in this state is higher a rate of 1.58%. People are mainly engaged in manufacturing and financial services, and the largest metropolitan area is Cincinnati.
Iowa
Iowa is home to more than 3.1 million people, and Des Moines is the state capital. The median home value is $142,300 in Iowa, and property taxes are 1.56%. Omaha Bluffs is the biggest metropolitan area and a good place for buying a house. The economy is strong thanks to the manufacturing, information and biotechnology, agriculture, and natural resource sectors.
Kansas
The state of Kansas has a median home value of $145,400 and is the tenth-cheapest state to buy a home in the US. Kansas is home to almost 3 million people engaged in agriculture natural resources and manufacturing. Kansas City is the biggest metropolitan area, and Topeka is the capital city. The effective state property tax rate is 1.41%. Make a decision and hire some of the best long distance movers Kansas to move you fast.
When you know which state has the cheapest homes you can choose where to relocate
Now that we have answered the question – Which country has the cheapest homes? – your choice of a state to relocate to should have been at least a little easier. If you already had in mind to move to one of these countries, great for you. If you haven’t, you may want to consider them now. Because as you can see it pays to buy a house here. And even if you temporarily decide to rent a house, here you will find a good option for you and your family. Good luck with your choice!