The Cheapest Place To Buy a Home in Every State in 2026
You don't need to examine the nation's priciest real estate markets to see how dramatically housing values vary across the United States. The cheapest housing markets in each state tell an equally revealing story.
Based on a new analysis of Zillow data by MoneyLion, average home values in each state's least expensive spot range from a tiny $31,568 to as high as $382,000. Median household incomes in these 50 locales range from about $21,000 a year to as high as $78,000. Zillow's figures also show an overall average value for single-family homes at about $357,000.
MoneyLion produced its state-by-state breakdown of least expensive housing markets based on the latest Zillow Home Value Index figures. To qualify, cities needed at least 100 residents.
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Alabama
Cheapest place: Selmont-West Selmont
Average home value: $33,059
Median household income: $32,365
Alaska
Cheapest place: Salcha
Average home value: $186,681
Median household income: $72,083
Arizona
Cheapest place: Bowie
Average home value: $66,132
Median household income: $36,250
Arkansas
Cheapest place: Helena-West Helena
Average home value: $41,712
Median household income: $32,466
California
Cheapest place: Herlong
Average home value: $111,584
Median household income: $55,938
Colorado
Cheapest place: Las Animas
Average home value: $106,140
Median household income: $48,917
Connecticut
Cheapest place: Hartford
Average home value: $262,929
Median household income: $45,300
Delaware
Cheapest place: Blades
Average home value: $230,564
Median household income: $62,596
Florida
Cheapest place: Gretna
Average home value: $84,137
Median household income: $38,214
Georgia
Cheapest place: Cuthbert
Average home value: $62,978
Median household income: $21,061
Hawaii
Cheapest place: Ocean View
Average home value: $261,192
Median household income: $45,917
Idaho
Cheapest place: Pierce
Average home value: $180,069
Median household income: $53,125
Illinois
Cheapest place: Venice
Average home value: $31,568
Median household income: $34,609
Indiana
Cheapest place: Hymera
Average home value: $75,652
Median household income: $46,122
Iowa
Cheapest place: Mystic
Average home value: $47,069
Median household income: $42,222
Kansas
Cheapest place: Sedan
Average home value: $39,571
Median household income: $48,854
Kentucky
Cheapest place: Wheelwright
Average home value: $50,477
Median household income: $58,250
Louisiana
Cheapest place: Lake Providence
Average home value: $51,781
Median household income: $24,670
Maine
Cheapest place: Van Buren
Average home value: $102,504
Median household income: $35,200
Maryland
Cheapest place: Kitzmiller
Average home value: $75,737
Median household income: $43,750
Massachusetts
Cheapest place: North Adams
Average home value: $249,848
Median household income: $48,521
Michigan
Cheapest place: Beecher
Average home value: $40,230
Median household income: $35,582
Minnesota
Cheapest place: Elmore
Average home value: $80,282
Median household income: $40,938
Mississippi
Cheapest place: Clarksdale
Average home value: $39,064
Median household income: $35,210
Missouri
Cheapest place: Hillsdale
Average home value: $52,746
Median household income: $39,722
Montana
Cheapest place: Nashua
Average home value: $109,036
Median household income: $72,500
Nebraska
Cheapest place: Walthill
Average home value: $63,858
Median household income: $63,702
Nevada
Cheapest place: Hawthorne
Average home value: $121,215
Median household income: $54,604
New Hampshire
Cheapest place: Groveton
Average home value: $168,655
Median household income: $53,625
New Jersey
Cheapest place: Camden
Average home value: $144,185
Median household income: $40,450
New Mexico
Cheapest place: Santa Clara
Average home value: $81,844
Median household income: $46,094
New York
Cheapest place: Lyon Mountain
Average home value: $65,320
Median household income: Not available
North Carolina
Cheapest place: Roxobel
Average home value: $40,827
Median household income: $38,375
North Dakota
Cheapest place: Drake
Average home value: $87,076
Median household income: $46,875
Ohio
Cheapest place: Drexel
Average home value: $53,456
Median household income: $43,691
Oklahoma
Cheapest place: Davidson
Average home value: $43,024
Median household income: $34,583
Oregon
Cheapest place: Burns
Average home value: $175,751
Median household income: $38,430
Pennsylvania
Cheapest place: Girardville
Average home value: $33,506
Median household income: $37,639
Rhode Island
Cheapest place: Woonsocket
Average home value: $382,433
Median household income: $58,614
South Carolina
Cheapest place: Wagener
Average home value: $57,514
Median household income: $45,753
South Dakota
Cheapest place: Lemmon
Average home value: $117,855
Median household income: $42,461
Tennessee
Cheapest place: Henning
Average home value: $99,424
Median household income: $43,616
Texas
Cheapest place: Morton
Average home value: $42,937
Median household income: $40,517
Utah
Cheapest place: Panguitch
Average home value: $205,281
Median household income: $75,283
Vermont
Cheapest place: Orleans
Average home value: $164,667
Median household income: $57,604
Virginia
Cheapest place: Appalachia
Average home value: $54,865
Median household income: $38,942
Washington
Cheapest place: Lind
Average home value: $192,532
Median household income: $71,250
West Virginia
Cheapest place: Northfork
Average home value: $35,694
Median household income: $47,143
Wisconsin
Cheapest place: Montreal
Average home value: $121,525
Median household income: $66,750
Wyoming
Cheapest place: Midwest
Average home value: $52,678
Median household income: $75,707
Methodology: For this study, MoneyLion identified the most affordable place to buy a home in each state by analyzing average home values from the Zillow Home Value Index and selecting the cities with the lowest value. To be included, a city needed a minimum population of 100 and available data from the U.S. Census American Community Survey, including total population, total households and median household income. All data reflects the most recent figures available as of Jan. 9, 2026.
This article was provided by MoneyLion.com for informational purposes only and should not be construed as financial, legal or tax advice.
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