5 Cheapest States to Buy a House in the US

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1. Iowa

Median Sale Price: $248,100

Median Monthly Housing Cost: $1,444

Iowa ranks at the top of the 15 cheapest states to buy a home in the US. As of June, the median sale price in the state is only $248,100 while the median monthly housing cost stands at $1,444. Although home prices have gone up by 3.9% compared to last year, they are still relatively low. The median days on the market are 27 days.

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