Sick of Skyrocketing Prices? Escape to These 10 States for the Cheapest Homes

Abstract

That's why the data team at Realtor.com® identified the states with the most affordable homes in the nation based on median home list prices in April. Their median home list prices are far below the national price tag of $425,000 in April, according to the most recent Realtor.com data. In Kansas City, KS, the state's third largest city, the median home price was just $190,000 in April. Oklahoma Median list price: $250,000 During the pandemic, many folks from more expensive, blue states looked for homes in Oklahoma. Mississippi Median list price: $258,000 While Mississippi home prices might seem affordable compared with, say, the city of San Francisco-where median prices are more than $1 million higher-they're still higher than what many locals would like. "Our taxes are low, our land prices are low, our home prices are low," she says, compared with pricier parts of the country. It's smack dab in the middle of St. Louis, two hours east, where home prices are significantly lower, at a median $200,000, and Kansas City, two hours west.