The Cheapest States To Buy A Home (And Some Of The Most Expensive)

The Highs And Lows Of The American Housing Market

If you are plotting your future in the land we call America, take a look at this list of the 10 cheapest and 10 most expensive states. Start calculating the mortgage right now!


Mississippi 

At $179,749, this state has the second-lowest average home value in the United States (we're saving the cheapest state for a bit later). Strangely, Bruno Mars shouting out the city of Jackson in “Uptown Funk” didn’t shoot up the value.

Looking west along Margin Street in Mississippi

Fredlyfish4, CC BY-SA 4.0, Wikimedia Commons

Mississippi

As a state, Mississippi boasts a number of renowned educational institutions as well as beautiful forestry. Its value is on the rise, so keep your eyes peeled for the right home.

Capital and largest city of the U.S. state of Mississippi - Jackson

Ken Lund, Flickr

Louisiana

New Orleans may be one of the most famous cities in not just the United States, but the world. That being said, its state of residence, Louisiana, is actually one of the most affordable places in the country, with an average home value of $202, 392.

Sunset over Downtown Ruston, Louisiana

UpAheadDesign, CC0, Wikimedia Commons

Louisiana

Beyond just the well-known wonders of New Orleans, Louisiana offers cities like Baton Rouge, Shreveport, and Lafayette, which all boast growing economies as well as lovely scenery.

Downtown Lafayette, Louisiana, United States in 2021

TheLionHasSeen, CC BY-SA 4.0, Wikimedia Commons