20 Cheapest States To Buy A House In 2024

- Average Home Value - $286,053
While the national median home value sits at $405,700, South Dakota offers a budget-friendly option with a median of $286,053. Several areas boast extremely affordable prices. Cities like Sioux Falls, Rapid City, and Aberdeen show median home values below $200,000.
You can be your perfect fit, from rural farmhouses to charming small-town homes, suburban neighborhoods, and urban apartments in Sioux Falls. Also, this state doesn't levy income tax, boosting your purchasing power.
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Patria Henriques
Update: 2024-07-20