Best States to Buy a House in 2022

According to one study, about 40 million Americans will move at least one time sometime in their life.

If you’re planning on moving soon but aren’t sure where you might be wondering what the best states to buy a house are.

The answer can vary depending on how big your budget is and what type of home you’re looking for, but we’ll break down some of the more popular options for you here!

West Virginia

West Virginia is always at the top of the list when it comes to the cheapest states to buy a home in.

On average, you can find a single-family home for about $165,000 here. This is relatively low compared to what some states charge. If you can’t afford that though, for lower-level homes, you’ll be able to find them around $50,000.

If you choose to buy a home here, you’ll also have access to hike some of the best trails in the Appalachian Mountains.

Maine

Maine is a little colder than the other states on this list, but it’s absolutely gorgeous in the fall, which is why many people are buying homes there.

In addition to that, house prices average around $200,000 for a single-family home.

In fact, this price is so great that it makes buying a home actually more affordable than renting a place here. The property taxes are also 1.28%, making them a little bit higher than other places in the country, but the views help to make up for it.

Related: How to Buy a House in Hawaii

Oklahoma

You might not think that there’s much to do in Oklahoma, but the millions of people who live there might disagree with you.

Oklahoma has an economy that is very diverse, so you’ll have a higher chance of finding a job in something you want as well. Some of their biggest industries are manufacturing, natural resource, and agriculture.

The median home price here is around $125,000, and the houses are going fast. It’s predicted that the housing market here will go fast as well.

Some of the best cities that you could buy a home in here are Lawton, Bartlesville, Shawnee, and Muskogee, so make sure you check those out!

Colorado

Colorado has a low property tax of .61%, but its houses aren’t that cheap. The average price of a home is about $350,000 here, so you’ll really have to sit down and figure out if this is where you want to live. Make sure you create a budget to ensure that you can afford to live here.

In some places, it’ll be cheaper to rent than buy because so many people are moving here and buying up the houses.

However, aside from the cheap prices, Colorado is one of the best states to live in. Denver, the capital, has all kinds of business opportunities, sports, and entertainment to keep you busy every weekend.

Arkansas

In Arkansas, the average price of a home is around $150,000, making it a great place to settle down if you can’t afford to buy a home anywhere else.

In some cases, you’ll also be able to get a lower mortgage rate when you buy here as well.

The state property tax is also low at .62%. For the average homeowner, this means that you’ll only have to pay about $70 more a month for your home.

Mississippi

Mississippi also has millions of residents, and most of them work in either manufacturing or agriculture here.

The capital, Jackson, is the largest metro area in the state, but it’s always busy with things to do and see. While Jackson might be fun to visit, you should check out Jackson, Greenville, Meridian, and Gulfport for cheaper places to buy a home.

If you’re interested in buying a home in one of these cities, the average value of a home is around $130,000.

Indiana

In Indiana, the median price of a home is around the same as Mississippi’s. However, if you can’t afford that, there is more affordable housing that you can find for around $48,000.

The property tax is about .86%, so if you’re looking for a place with a low budget, this is one of the best places to live.

Iowa

In Iowa, you’ll be able to find jobs in agriculture, natural resources, information and biotechnology, and also manufacturing.

While Des Moines in the capital here, Omaha Bluffs is the largest metro area in the state.  Des Moines is one of the cheaper cities to live in in the state, but you should also check out Waterloo, Davenport, and Sioux City.

In Iowa, you’ll find homes that sell around $146,000, which is the median price. However, make sure that you buy a house quickly as houses on the market just keep going faster and faster as it becomes a more desirable place to live.

Idaho

You might be surprised to find out that Idaho actually isn’t one of the cheapest places to live. However, there are so many opportunities for outdoor activities that it’s perfect for outdoorsy people.

The average listing price of a house in Idaho is around $220,000, and the property tax is .75%. If you’re interested in finding a home in Idaho, make sure you check out this link: https://www.homesinmeridian.com/.

Learn More About the Best States to Buy a House In 

These are only a few of the best states to buy a house in, but there are many more out there.

Moving and buying a home can be stressful and overwhelming at times, but thankfully you don’t have to do it alone. We’re here to help!

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