The Schools are great, low crime, but no night life, no food delivery services except pizza. The Bayou State also places 11th-best for its affordable median listing price per square foot, at $122, and 13th-best for its relatively low median value of the bottom third of homes, at $93,300. Great community and some pretty good places to eat. The population o… West Virginia is home to just over 1.8 million people and is the 38th-most populated state in the U.S. 2. The 2019 Best Places to Buy a House ranking is a deep dive into the housing and community of an area. Have a question? Hardly any shopping available. Home Value Index: $238,900; YoY Home Price Growth: 7.5%; Projected One-Year Home Price Growth: 3.4%; Rent Index: $1,559; YoY Rent Growth: 6.78%; Gross Rent Multiplier: 12.77; Unemployment Rate: 2.7% The FBI has moved into the arsenal, bringing even more jobs to the area, so the madison area is expected to become the largest city in the state in the near future.Read 211 Reviews, Current Resident: Gibsonia is a very pleasant area with kind inhabitants. The best time to buy a house for investment is always NOW.The sooner you buy an investment property and start renting it out, the sooner you will make money in real estate. Best and Worst States for House Flipping. There's a striking lack of business, it's very disheartening to see plenty of land and not many businesses. Though there is not a lot to do in terms of youth-aged activities, you can always travel the extra 15 minutes or so to arcades, bowling alleys, mini-golf spots, and theaters that are nearby. There are things to do and local shops to see. In Oklahoma, $300,000 will buy you a 3,175-square foot home, on average. For details on our data sources and how we put all the information together to create our final rankings, check out the Data and Methodology section below. Please be aware that some (or all) products and services linked in this article are from our sponsors. We have bars where you can buy great pizza, wings, and beer. Quiet neighborhoods, friendly people, good school district, clean and spacious local park, overall excellent place to live! I have lived here for about 10 years and Cave Springs Coffee Co is the best coffee shop in Northwest Arkansas. If I had to do it over again I would go back to Midland every time. Everything you may need is close by where you might live so short drives all around. The amount of local business diversity is amazing!Read 5 Reviews, Current Resident: Minster is an awesome town. Police are always driving around, especially downtown where most problems would be.Read 6 Reviews, Niche User: I came here 20 years ago, thinking we'd be here about 3 years, but it's been a great place to raise a family, and now we've moved our retired parents and other family members into the community! The nightlife is getting better, with a dave and busters just being completed, along with TopGolf. Maryland It has the seventh-lowest median listing price overall, at $186,000. Commute if you work at the arsenal can be quite bad, and there is little public transportation. Considering the fact that market analysis, property search, and figuring out finances take some time, if you start right away, you should be able to invest in a house by the beginning of 2020. Low crime, excellent schools. Ever since the oil boom in western North Dakota, the crime rate has gone up a little bit, but for the most part Fargo is a very safe city to live in. You don't have to worry about crime unless it's someone from a neighboring town. Securing a mortgage and buying that home, though, can be difficult to achieve. Destination and school rankings website Niche recently released a list of best US cities to buy a house, based on home values, property taxes, homeownership rates, housing … Low crime, excellent schools. Everybody loves the parties. Median home value: $144,800 You’ll find no shortage of bourbon, baseball, and bluegrass when you move to the Commonwealth of Kentucky. How Much Do I Need to Save for Retirement? I have yet to buy a house but my brother graduated from Minster and he settled down here too. Many people bring their kids to my development to trick-or-treat because they see it as safer than their own neighborhoods. Owning a home is a major goal for many people across the U.S. Crime is relatively low in this area. 1 for the 2019 Best States affordability ranking, which considers both housing affordability and cost of living. Median home value: $203,661 Unemployment: 3.7% Large employers such as Honeywell and Advance Auto Parts have recently announced they’re moving their headquarters to North Carolina, so it’s no surprise the state is a good place to sell a home. Learn more about Iowa. Also living in Midland you have so much to do, our biggest tourist attraction is the fridge which is on the Tittabawase river. Here are the best states and worst states for landlords in 2020. Indiana also is tied for the fifth-lowest median listing price per square foot, at $108. Here, you don't have to worry about walking around alone because it is safe as can be. The Schools are great, low crime, but no night life, no food delivery services except pizza. Despite coming in 39th overall for its relatively high effective property tax rate (at 1.52%), the state ranks in the top 10 for three different metrics: No. To find the cheapest states to buy a home, we analyzed data on all 50 states and the District of Columbia across the following five metrics: effective property tax, median listing price, median listing price per square foot, median value in the bottom one-third of homes and average closing costs. This tiny home was initially custom-built for a couple living in the Golden State, but now, you can order this tiny house for yourself. Questions about our study? I feel safe walking alone in town! Even with these great conditions, Ariz… Based on data including state test scores, college readiness, graduation rates, SAT/ACT scores, teacher quality, as well as reviews from students and parents. My oldest child is much older than my youngest, and helping at schools with both of them, I can see the difference :(. Ascension Parish schools are terrific. The median existing home price was $295,300 in June 2020. As you can imagine, this is causing rental rates to rise (over 6% in just a year) and is expected to keep increasing in 2020. Very clean, quaint, charming neighborhood of State College, PA. Voted #3 in best places to live in the United States. Explore the best places to buy a house based on home values, property taxes, home ownership rates, housing costs, and real estate trends. Dec. 21, 2020. If you want to build in Nevada, you might want to consider a city such as Boulder City — which GOBankingRates ranked as one of the best places to buy a home. These old houses create a certain look, which may take some time to get used to. Ask our Home Buying expert. I have no idea why. You can make $110,000 flipping a house in Maryland—here are the 10 best states to turn a profit . Alabama weather is awful. It factors in a location’s housing market, including home values, taxes, crime rates, and quality of local … Read more on how this ranking was calculated. Close by is where Crown started, a Dannon plant, Precision Strip, Minster Machine, and much more job opportunities to start your career. Also living in Midland you have so much to do, our biggest tourist attraction is the fridge which is on the Tittabawase river. The winding roads will get you from one activity to another, with plenty of stops on the side for local restaurants and bars to fill your needs. Alabama weather is awful. Mississippi leads this study for its affordable median listing price per square foot, at $96 per square foot. We've used median tax rates for states, but it's important to be familiar with local tax rates and all tax laws in each state. To find the cheapest states to buy a home, we analyzed data for all 50 states, plus Washington, D.C., across the following five metrics: First, we ranked each state according to each metric. It helps that it has a great climate and good schools, too.Read 19 Reviews, Current Resident: Lots of families and fun. Best year for market and economy: Broader market trends, the state of the economy and your local job market can also dictate a better or worse time to buy. Oklahoma also ties for the fifth-lowest median listing price per square foot, at $108. The housing market is heavily skewed towards sellers, and the town encircled by the larger city of Huntsville. The bridge connects the skate park and playground with downtown midland which is full of local businesses including my brothers clothing shop. The state with the highest average ranking received a score of 100. 2020 Best Places to Buy a House in America About this List Explore the best places to buy a house based on home values, property taxes, home ownership rates, housing costs, and real estate trends. People ages 25 to 34 earn $75,233 annually, which is approximately $15,000 more than the down payment for a home. The cheapest state to buy a home in is once again West Virginia. As 2021 approaches fast, lots of first time home buyers are still calculating the buy vs rent numbers. The majority of the houses were built in the early era of Los Alamos, and only a few are remodeled. Overall a nice town, with a huge amount of tech jobs and great schools. The housing also looks a little depressing. Then we found the average ranking for each state, assigning each metric an equal weight. There is also a consumer choice in Internet services which is nice. Explore the best places to buy a house based on home values, property taxes, home ownership rates, housing costs, and real estate trends. Miles and miles of trails, great camping sites all over, rock climbing, skiing, rafting...The longest commute to work is 15 minutes. Its very quiet and safe. I went to elementary through high school in Midland and the school system there is unbeatable, the level of learning is very high and it prepared me for college. Police are always driving around, especially downtown where most problems would be. West Virginia also ranks first for its low median value of the bottom third of homes, at $53,600. Drive outside Granger for shopping and work. Everyone's really nice. If I had to do it over again I would go back to Midland every time. I have yet to buy a house but my brother graduated from Minster and he settled down here too. There is a YMCA down the road where I go every morning to workout and over the summer there's a town pool that you can swim at. Large cities like Raleigh, Durham, and Charlotte continue to be hot areas for buying and selling homes, while smaller cities are growing in popularity. It has been a popular tourist destination for many years and has a growing population, which has expanded an extraordinary 6.8% between 2010 and 2015. Here, you don't have to worry about walking around alone because it is safe as can be. Via CNBC. A house with a mortgage costs a median of only $1,065 per month in Ocala. The cheapest state to buy a home is once again West Virginia. Arkansas places in the top five of the study for three of the metrics we considered. To see which states offer the best conditions for new homeowners, GOBankingRates ranked the 10 states with the most growth in the number … These old houses create a certain look, which may take some time to get used to.Read 18 Reviews, Nearby Resident: There's a striking lack of business, it's very disheartening to see plenty of land and not many businessesRead 2 Reviews, Current Resident: Everyone's really nice. Read more on how this ranking was calculated. Therefore, if you buy in a state with a high tax rate, you'll be putting more money toward property taxes than you would for the same valued property in a state with a lower property tax rate. Living in Midland has been amazing. Close to Tega Cay. Its a great city to raise a family. Los Alamos is a great town for outdoor enthusiasts. Commute if you work at the arsenal can be quite bad, and there is little public transportation. For the town with a median household income twice the national average, Los Alamos invests very little in itself. Mississippi is the 34th-largest state in the U.S. and home to nearly 3 million residents. Gibsonia has a higher-age demographic, roughly 55-60 years on average. Politically more moderate than the surrounding areas, as the influx of tech workers moderates the staunch conservatism of the surrounding state. No one calls it Riverview. The bridge connects the skate park and playground with downtown midland which is full of local businesses including my brothers clothing shop. Calculated based on crime rates for murder, assault, rape, burglary, and other crime statistics, as well as reviews from residents. We used these average rankings to determine our final score. Please. It has the fourth-lowest average closing costs (at $2,656), the seventh-lowest median listing price (at $186,000) and the ninth-lowest median listing price per square foot (at $120). For example, CNBC data show that Pennsylvania boasts the highest ROIs for flipping by percentage (at 164 percent), while Maryland ranks higher in terms of profits in dollar value. California has the highest median home … Buying a home is one of the biggest financial transactions you'll ever make, and one that you need to time just right to get the best deal possible. I came here 20 years ago, thinking we'd be here about 3 years, but it's been a great place to raise a family, and now we've moved our retired parents and other family members into the community! Lots of families and fun. The Top 25 Cheapest States To Buy A House In 2021 1. Cost: Varies based on project, but between $56,000-$120,000 Size: 285 square feet The Eucalyptus tiny house for sale built by Minimaliste Houses was inspired by the California lifestyle. Minster is an awesome town. The median listing price in the Mountain State is $165,000 – the lowest median price in the study. Miles and miles of trails, great camping sites all over, rock climbing, skiing, rafting...The longest commute to work is 15 minutes. Kentucky has the third-lowest average closing costs in the study, at $2,642. For instance, Burlington, located 35 miles from Durham, ranks second in the Market Hotness Index. Schools used to be 10/10, but in the past few years, they went down to 7/10. Hardly any shopping available. 5 minutes from the small city of Gonzales for shopping and restaurants. Fortunately, not every state's housing market is as out of reach as, say, California's, where major markets show trends of competitive prices and low inventory. There are things to do and local shops to see. It has the second-lowest median value of the bottom one-third of homes (at $62,900), the third-lowest median listing price per square foot (at $101) and the fifth-lowest median listing price in the study (at $176,000). The housing market is heavily skewed towards sellers, and the town encircled by the larger city of Huntsville. The altitude can be tough for those coming from sea level, but other than that it's a fantastic place. However, be aware that Oklahoma has an average sales tax rate of 8.82% -- one of the highest in the U.S. -- and it can be up to 11%, depending where you are in the state. You don't have to worry about crime unless it's someone from a neighboring town.Read 6 Reviews, Current Resident: This is a bedroom community for the upper middle class in the South Bend area. Alabama also places in the top five for three of the metrics we studied. West Virginia. No one calls it Riverview. Mortgage rates are low, and people want more room to live and to be able to work at home. This is SmartAsset’s second study on the cheapest states to buy a home. The Hoosier State has the second-lowest average closing costs in the study, at $2,627. Here are the ten cheapest states to buy a home based on home prices. Many people bring their kids to my development to trick-or-treat because they see it as safer than their own neighborhoods. Pretty much Fort Mill, SC. Gibsonia is a very pleasant area with kind inhabitants. Poor entertainment and shopping as a result. Missouri ranks in the top 10 across all 50 states and the District of Columbia for three of the five metrics we examined in this study. There is a YMCA down the road where I go every morning to workout and over the summer there's a town pool that you can swim at. The winding roads will get you from one activity to another, with plenty of stops on the side for local restaurants and bars to fill your needs. Its very quiet and safe.Read 8 Reviews, Current Resident: Overall a nice town, with a huge amount of tech jobs and great schools. The state with the lowest average ranking received a score of 0. The median value of the bottom one-third of homes is $70,800, the fifth-lowest amount for this metric in the study. a great, quiet small town; advantageously located 40 minutes from New Orleans and 20 minutes from Baton Rouge. Developments keep the poor people out and property values high by not allowing renting of property. Louisiana, the only state in this year’s top 10 that wasn’t there last year, has the fourth-lowest effective property tax rate in this study, at 0.55%. The demand for single family homes has been on the rise in the Sunshine State for quite some time. There are houses being built at all times especially in our newest part of town called Stonegate. According to a June 2020 Home Values report from Zillow, the median home value in the U.S. is $248,857, an uptick of 4% over the past year. We adhere to strict standards of editorial integrity to help you make decisions with confidence. Everything you may need is close by where you might live so short drives all around. Drive outside Granger for shopping and work. However, the state still ranks within the top 10 of the study for median listing price and average closing costs. It comes in fourth-best for two other metrics: a median listing price per square foot of $105 and a median value for the bottom third of homes of $66,100. You can see the buy vs rent calculator cited below. #10 Best Places to Buy a House in America, #11 Best Places to Buy a House in America, #12 Best Places to Buy a House in America, #13 Best Places to Buy a House in America, #14 Best Places to Buy a House in America, #15 Best Places to Buy a House in America, #16 Best Places to Buy a House in America, #17 Best Places to Buy a House in America, #18 Best Places to Buy a House in America, #19 Best Places to Buy a House in America, #20 Best Places to Buy a House in America, #21 Best Places to Buy a House in America, #22 Best Places to Buy a House in America, #23 Best Places to Buy a House in America, #24 Best Places to Buy a House in America, #25 Best Places to Buy a House in America, Niche requires Javascript to work correctly.