The first two years of the coronavirus pandemic had a profound have an effect on on the U.S. housing marketplace as Americans fled dear, high-population spaces to mid-sized towns or adjacent suburbs in lower-cost portions of the nation. (See how the cost of housing has skyrocketed in these major U.S. cities.)
Low-mortgage charges and excessive call for for houses in many markets, coupled with a slowdown in new house building due to pandemic-related disruptions in the hard work power and provide chains, frequently led to intense bidding wars over to be had houses amongst potential consumers.
Though costs have slowed significantly in many markets in 2023 thank you to inflation and better loan charges, they continue to be increased and out of achieve for the conventional family. Still, throughout the nation, there are towns the place housing is inexpensive to a broader vary of budgets — a minimum of relative to the state’s broader housing marketplace.
Of the 37 towns in Georgia with to be had knowledge from actual property marketplace web site Realtor.com, Thomaston is the least dear position for homebuyers. As of April 2023, the median record worth in the town was once $183,700, when put next to the median record worth of $395,400 throughout the state as a entire.
All metro house and state stage checklist worth knowledge in this tale is from Realtor.com, a actual property marketplace web site, and is for April 2023.
| Cheapest town to purchase a house | Median record worth in town, April 2023 ($) | Median record worth in state, April 2023 ($) | Cities thought to be in each and every state |
|---|---|---|---|
| Alabama: Selma | 75,500 | 330,000 | 25 |
| Alaska: Fairbanks | 349,900 | 415,000 | 4 |
| Arizona: Safford | 302,500 | 495,000 | 11 |
| Arkansas: Hope | 119,000 | 289,900 | 21 |
| California: Susanville | 308,950 | 750,000 | 34 |
| Colorado: Sterling | 245,000 | 639,925 | 17 |
| Connecticut: Hartford-East Hartford-Middletown | 399,900 | 559,900 | 5 |
| Delaware: Dover | 409,500 | 494,900 | 1 |
| Florida: Sebring-Avon Park | 295,000 | 467,990 | 29 |
| Georgia: Thomaston | 183,700 | 395,400 | 37 |
| Hawaii: Hilo | 645,000 | 852,500 | 4 |
| Idaho: Mountain Home | 375,000 | 574,900 | 13 |
| Illinois: Macomb | 69,900 | 310,000 | 26 |
| Indiana: Marion | 92,500 | 299,900 | 38 |
| Iowa: Fort Madison-Keokuk | 125,000 | 315,000 | 23 |
| Kansas: Atchison | 120,000 | 314,825 | 19 |
| Kentucky: Maysville | 92,500 | 299,950 | 21 |
| Louisiana: Minden | 140,000 | 289,250 | 18 |
| Maine: Bangor | 265,000 | 425,000 | 4 |
| Maryland: Cumberland | 139,900 | 420,000 | 7 |
| Massachusetts: Springfield | 369,000 | 759,000 | 6 |
| Michigan: Saginaw | 149,000 | 280,000 | 31 |
| Minnesota: Marshall | 186,185 | 400,000 | 22 |
| Mississippi: Clarksdale | 55,000 | 279,900 | 22 |
| Missouri: Kennett | 102,200 | 300,000 | 25 |
| Montana: Butte-Silver Bow | 373,000 | 660,000 | 7 |
| Nebraska: Scottsbluff | 254,950 | 371,900 | 12 |
| Nevada: Fallon | 386,780 | 475,000 | 9 |
| New Hampshire: Berlin | 249,991 | 549,000 | 6 |
| New Jersey: Vineland-Bridgeton | 269,900 | 518,000 | 4 |
| New Mexico: Deming | 189,000 | 375,000 | 19 |
| New York: Olean | 125,000 | 639,945 | 27 |
| North Carolina: Laurinburg | 209,450 | 419,720 | 37 |
| North Dakota: Jamestown | 179,900 | 332,060 | 8 |
| Ohio: Portsmouth | 129,500 | 249,900 | 42 |
| Oklahoma: Miami | 147,000 | 315,000 | 21 |
| Oregon: Hermiston-Pendleton | 355,000 | 569,900 | 20 |
| Pennsylvania: Johnstown | 98,500 | 290,000 | 35 |
| Rhode Island: Providence-Warwick | 529,900 | 525,500 | 1 |
| South Carolina: Bennettsville | 127,170 | 359,925 | 16 |
| South Dakota: Vermillion | 199,900 | 369,900 | 11 |
| Tennessee: Union City | 187,000 | 444,900 | 27 |
| Texas: Vernon | 109,250 | 384,900 | 71 |
| Utah: Price | 414,000 | 619,900 | 9 |
| Vermont: Rutland | 275,000 | 447,250 | 4 |
| Virginia: Big Stone Gap | 154,500 | 449,000 | 12 |
| Washington: Moses Lake | 383,700 | 649,000 | 20 |
| West Virginia: Mount Gay-Shamrock | 105,000 | 229,900 | 13 |
| Wisconsin: Marinette | 222,400 | 374,900 | 23 |
| Wyoming: Rock Springs | 291,000 | 459,000 | 9 |
This article First seemed in the center square