5 Cheapest Housing Markets in the US

In this article, we will take a look at the 5 cheapest housing markets in the US. If you wish to see our detailed analysis, you can go to 27 Cheapest Housing Markets in the US.

5. Arkansas

Average Home Value: $203,305

As of March, the typical home value in Arkansas is $203,305. Hence, Arkansas ranks among the cheapest housing markets in the US.

4. Kentucky

Average Home Value: $201,332

Kentucky offers an average home value of $201,332. This ranks the state 4^th on our list of the cheapest US housing markets.

3. Louisiana

Average Home Value: $199,091

The average home value in Louisiana is $199,091, as of March. This value is lower than the national average and tends to be cheap.

2. Mississippi

Average Home Value: $178,490

Mississippi ranks second among the most affordable US housing markets. The typical home value in the state is currently $178,490.

1. West Virginia

Average Home Value: $161,063

West Virginia ranks at the top of the 27 cheapest housing markets in the US. As of March, the state boasts an average home value of only $161,063.

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