Which state has the cheapest homes?
There are many factors that influence your decision when choosing a place to live. The first and foremost is affordability in any sense of the word. We all want to live in the cheapest place possible where homes are affordable, where we can have optimal household income, and where health and education are affordable. At first, it may seem to you that it’s not possible to find a cheap place, but in fact, it is possible. It may sound like a utopia, but with thorough research, you can find cheap or at least affordable areas. Wonder which state has the cheapest homes? Stay with us and find out. Best Cross Country Movers prepared a list for you so you can determine where to buy a home. You’ll agree that buying a home is a life-changing decision, sometimes once in a lifetime. So, choose smartly.
Criteria for finding the cheapest homes
Since cheap homes are usually in short supply, it may be difficult to find a cheap one. So, be fast. However, don’t forget that America has many states, so it’s impossible not to find a cheap home. You just need to find the cheapest way to buy a house. It means you have to take into account several factors and criteria. The first one is definitely a down payment. The second most important factor is the closing cost.
Tips and tricks for finding a cheap home
Now that you know what factors influence your home bargain, let’s see what’s the best way to find a cheap home. Use the following tips and tricks:
- Look for a Fixer-Upper: This may sound like you are going to need a lot of money, but in fact, you won’t. How? Well, when finding a house that needs to be repaired, you’ll be able to bid for a lower price and use the planned budget for the renovation. Yes, it can be risky, but it can also be a profitable investment. Just hire professionals to inspect the house and give you a thorough report.
- Find FSBO: To avoid additional expenses when hiring a listing agent, use the ‘For Sale by Owner’ way to pay less. Of course, there’s no guarantee that you’ll make the right choice, but with a careful inspection, you’ll be able to determine whether a home is suitable for you or not. What’s more, you can take advantage and get a lower price if a homeowner is in a hurry to sell a house.
- Consider buying a foreclosed house: When a property owner stops making the mortgage payments, the lender will eventually take control of the property, evict the occupants, and put a home for sale. Although the reason behind the purchase is unpleasant, some people see this as a good chance for buying a property. So, if this doesn’t bother you, use the opportunity.
- Look outside popular areas: Whichever city you choose, try finding a home outside the most popular and crowded neighborhoods.
Which state has the cheapest homes?
Now that you have the tips and tricks to find a cheap home, you can start your research. Luckily, you don’t have to search any further. Best Cross Country Movers prepared you a list of the five cheapest states since it was indeed hard to choose only one. However, let’s first focus on the two cheapest states – Mississippi and West Virginia. Are you surprised? However, if those two are not on your radar, choose another one and find suitable movers in any U. S. state in our database of the best moving companies.
Which state has the cheapest homes – Mississippi or West Virginia?
It is tough to decide which of the two countries has the cheapest home prices, so try to determine based on our comparison. Mississippi is the 34th-most populous state in the U.S., and it’s no wonder that you can find cheap homes here. The median home value is $151,190, while the average rent is $989. The cheapest ones are Jackson, Greenville, Meridian, and Gulfport. The median home size in Mississippi is around 1,500 square feet, which is larger than some in more expensive U. S. states. What’s best, Mississippi homeowners pay property taxes at a rate of 0.81% annually. This is the biggest reason why Mississippi is one of the cheapest states. So, if these reasons are enough for you to move here, ensure the safest relocation possible and contact us to provide you with the best cross-country movers in Mississippi. Don’t miss a chance to move at affordable prices.
On the other hand, West Virginia’s median home value is about $122,342, while the average rent is nearly $912. When it comes to the cheapest cities to buy a house in West Virginia, you can choose from Bluefield, Clarksburg, Beckley. According to the World Population Review, the cost of living index: is 91.1. Also, West Virginia has the eighth-lowest property tax rate in the U.S., and it’s 0.59 percent. Whichever of these two countries you choose, you won’t regret your decision. However, if West Virginia is your top choice, move here with some of the best cross country movers in West Virginia. Whichever company you choose, your relocation will be safe, smooth, and, most importantly, stress-free.
The other U. S. States that offer cheap homes
Besides Mississippi and West Virginia, there are three more states worth mentioning. They are:
- Arkansas: The median home value is about $161,570 and the average rent is nearly $1,000. So, if the prices fit your budget, move here with some of the best cross country movers Arkansas.
- Oklahoma: The diverse economy is what contributes to cheap homes in Oklahoma. The cheapest cities to buy a house in Oklahoma are Muskogee, Lawton, Shawnee, and Enid. The median home value is $163,000, and you can rent at an average price of $1,000.
Get in touch with some of the best cross country movers in the sate
Now that you know which state has the cheapest homes, it’s time to find the right moving company. State your requirements, and we’ll assist you in finding a suitable moving company. No matter what kind of services you need, residential moving or commercial moving, packing or storage services, we are fully at your disposal at any time. Have a safe relocation with trustworthy movers.