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Cheapest and most expensive housing markets in America

Posted on April 25, 2022April 25, 2022 By Avantika Ginodia No Comments on Cheapest and most expensive housing markets in America
Investing

To say the housing market in the United States has been hot during the last two years is an understatement. And property prices are anticipated to remain high this year.

According to Realtor.com data, the five states with the lowest median listing price are West Virginia, Ohio, Arkansas, Kansas, and Oklahoma.

Here are some homes for sale in various states right now.

Least Expensive

  • The typical home value in West Virginia is $184,000:

Here’s what you can get for $174,000 in the state. This 1,820 square foot Morgantown home offers three bedrooms and two baths.

  • The median home value in Ohio is $203,375:

Here’s what you can get for $249,000 in the state. This 1,904 square foot property in Parma offers three bedrooms and one and a half baths.

  • The typical home value in Arkansas is $236,250:

Here’s what you can get for $280,000 in the state. This four bedroom, two bathroom home in Centerton boasts walk-in closets, granite countertops, and a jetted tub and walk-in closet in the master bedroom.

  • The median home value in Kansas is $237,000:

Here’s what you can get for $199,900 in the state. This 4,134 square foot property in Coffeyville includes four bedrooms and three and a half baths.

  • The median home value in Oklahoma is $240,000:

Here’s what you can get with $225,000.00. This two-bedroom, two-bathroom home is in Oklahoma City, close to shopping and dining.

The most expensive

According to Realtor.com data, the five states with the most expensive median property values are Hawaii, California, Massachusetts, New York, and Utah. Here are some residences for sale in these states that we discovered.

  • The average property price in Hawaii is $768,500:

Here’s an example of what you can get for $724,999 in the state. This three-bedroom, two-and-a-half-bathroom townhome is located on the island of Oahu in Hawaii.

  • The median home price in California is $734,950:

Here’s an example of what you can purchase for $665,00 in the state. This 2,215 square foot home in Fairfield, Connecticut, has four bedrooms, three bathrooms, and a two-car garage.

  • The median home price in Massachusetts is $699,450:

Here are some examples of what you may acquire in the state for $775,000. This 1,612 square foot home in Natick includes three bedrooms, two and a half bathrooms, a garage, and a furnished basement level.

  • The median home price in New York is $689,500:

Here’s what you can purchase for $689,900 throughout the state. This 1,950 square foot home in Yorktown Heights offers four bedrooms and two baths.

  • The median home price in Utah is $645,000:

Here’s what you can purchase for $600,000 in the state. This 3,508 sq ft home in Ogden, Utah offers four bedrooms and three bathrooms.

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