Question: Where Are Nice Houses Cheap?

What is a good price for a starter home?

The National Association of Realtors found that the starter median home price in U.S.

metro areas was $233,400 in the first quarter of 2020.

If you have a down payment of 20%, which Bera recommends, you’ll have to come up with $46,680.

If you put down 10%, you’ll need $23,340 and a 3% down payment is $7,002..

Where is it cheapest to buy a house?

To help you do that, we decided to compile a list of the cheapest states to buy a house in America in 2020. We analyzed data from several sources: Zillow Research for home values, rents, and trends….West Virginia. … Oklahoma. … Mississippi. … Arkansas. … Alabama. … Kansas. … Ohio. … Iowa.More items…

Where can I get the most house for the money?

Buying a Home in These 7 States Gives You the Most Bang for Your BuckOklahoma. In Oklahoma, $300,000 will buy you a 3,175-square foot home, on average. … Alabama. Alabama’s median home price of $92 per square foot translates into a 3,256-square-foot home for $300,000. … West Virginia. … Ohio. … Arkansas. … Mississippi. … Indiana.

What’s the best state to buy a house?

Iowa ranked No. 1 for the 2019 Best States affordability ranking, which considers both housing affordability and cost of living. Learn more about Iowa.

What is the easiest state to buy a house in?

IowaIowa is the easiest state in the country for first-time buyers, according to the report, thanks to its affordable home prices and strong job market for Millennials. “Young people are able to buy there,” said Bell. “It has a relatively strong job market with relatively low unemployment and strong credit availability.”

What is the best city to buy a house?

Ranking by City SizeRank (1= Best)Large Cities (Score)Rank (1= Best)1Tampa, FL (62.65)12Las Vegas, NV (62.20)23Lexington, KY (59.68)34Colorado Springs, CO (58.99)425 more rows•Jul 6, 2020

What city has the nicest houses?

Here are the US cities with the highest share of million-dollar homes.San Jose, California. Krista Abel/Shutterstock.San Francisco, California. Andrew Zarivny/Shutterstock. … Los Angeles, California. divanov/Shutterstock. … San Diego, California. … Seattle, Washington. … New York, New York. … Boston, Massachusetts. … Washington, D.C. … More items…•

What state has cheapest houses for sale?

Key FindingsWest Virginia. The cheapest state to buy a home in is once again West Virginia. … Arkansas. Arkansas places in the top five of the study for three of the metrics we considered. … Alabama (tie) … Mississippi (tie) … Indiana. … Oklahoma. … Kentucky. … Missouri.More items…•

What city has the most affordable homes?

If you’re in the market for a house, you could find a much more affordable place than that….Here are the top five American cities with the most affordable homes:Chicago, Illinois. … Detroit, Michigan. … Houston, Texas. … Philadelphia, Pennsylvania. … Indianapolis, Indiana.

What state has the biggest houses for cheap?

Here are the 10 cheapest states to buy a homeRankStateMedian list price1West Virginia$169,0002Arkansas$179,9003Alabama$219,9007 more rows•Sep 9, 2019