5 States with the Lowest Average Home Prices

In this article, we will take a look at the 5 states with the lowest average home prices in the US. If you wish to see our detailed analysis, you can go to 20 States with the Lowest Average Home Prices.

5. Arkansas

Average Home Price: $199,260

As of October, the average home price in Arkansas was recorded at $199,260. Affordable housing is available in Little Rock, Conway, and Fort Smith. This qualifies Arkansas as one of the US states with the lowest average home prices.

4. Oklahoma 

Average Home Price: $198,107

As of October, the average home price in Oklahoma was recorded at $198,107. This ranks the state among other US states with the lowest average home prices. Lawton, Midwest City, Enid, and Tulsa are among the cheaper places to buy a house in Oklahoma.

3. Kentucky

Average Home Price: $197,458

With an average home price of $197,458, Kentucky becomes one of the US states with the lowest average home prices. Princeton, Flatwoods, and Hebron offer affordable houses for those who wish to settle in the state.

2. Mississippi 

Average Home Price: $174,932

Mississippi is one of the least expensive states for housing. As of October, the average home price in the state was $174,932 which ranks it as another US state offering a low average home price. Cheap places to live in Mississippi include Holly Springs, Ripley, and Forest.

1. West Virginia    

Average Home Price: $157,498

West Virginia ranks as one of the 20 states with the lowest average home prices. As of October, the average home price in the state was as low as $157,498. Some of the most affordable West Virginian cities in terms of housing include Parkersburg, Clarksburg, and Charleston.

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