States with the cheapest homes

Median value of owner-occupied homes from the Census ACS, lowest first. A useful starting point for anyone planning to buy after a move.

Top of the list: West Virginia at $162,600. Bottom: Hawaii at $839,100.

51 results
States with the cheapest homes, all states ranked.
# State Median home value Real median income
1 West Virginia $162,600 $66,601
2 Mississippi $169,800 $64,882
3 Arkansas $188,000 $69,934
4 Oklahoma $199,800 $74,076
5 Kentucky $205,600 $70,650
6 Iowa $208,000 $85,489
7 Alabama $209,900 $72,071
8 Ohio $214,800 $76,928
9 Louisiana $216,500 $68,884
10 Kansas $217,200 $82,436
11 Indiana $218,200 $77,124
12 Missouri $230,300 $77,866
13 Michigan $231,600 $75,754
14 Nebraska $238,600 $84,878
15 New Mexico $248,100 $69,478
16 North Dakota $249,900 $86,131
17 Pennsylvania $254,500 $79,888
18 South Dakota $257,400 $84,742
19 South Carolina $259,000 $73,985
20 Illinois $263,300 $83,390
21 Wisconsin $266,500 $82,343
22 Texas $283,800 $80,820
23 Tennessee $286,700 $75,729
24 North Carolina $288,900 $76,764
25 Maine $296,600 $76,965
26 Georgia $303,300 $80,325
27 Wyoming $309,700 $82,175
28 Vermont $316,600 $82,860
29 Minnesota $329,300 $90,327
30 Delaware $352,000 $85,124
31 Alaska $352,900 $90,613
32 Florida $359,000 $72,116
33 Connecticut $366,900 $92,453
34 Montana $375,800 $76,648
35 Virginia $383,700 $92,156
36 Arizona $394,500 $79,408
37 New Hampshire $402,500 $95,039
38 Rhode Island $404,200 $85,822
39 Idaho $418,600 $81,466
40 Maryland $419,900 $98,741
41 New York $423,800 $79,679
42 Nevada $435,400 $78,260
43 New Jersey $454,400 $95,180
44 Oregon $477,600 $80,281
45 Utah $489,400 $96,224
46 Colorado $539,400 $92,599
47 Massachusetts $562,100 $98,261
48 Washington $564,600 $91,721
49 California $734,700 $89,541
50 District of Columbia $737,100 $99,973
51 Hawaii $839,100 $91,263

US Census ACS 5-Year Estimates · B25064_001E, B25077_001E, B19013_001E, B25071_001E, B25092_001E, B25103_001E · 2024 · rel. December 2025 · Official data

Understanding states with the cheapest homes

Across all 50 states and the District of Columbia, median home value spans from $162,600 in West Virginia at the top of the list to $839,100 in Hawaii at the bottom. The three at the top are West Virginia, Mississippi, and Arkansas; the three at the bottom are California, the District of Columbia, and Hawaii.

West Virginia, Mississippi, Arkansas, and Oklahoma have the lowest median home values in the country, all below $200,000. That is about half the national median and under a quarter of the median in Hawaii. The low end of this list overlaps heavily with the cheapest-rent list, because both reflect the same underlying land and construction costs.

Median home value is what owners estimate their own home is worth, as reported to the Census Bureau. It describes the existing stock of owner-occupied homes, including older and smaller houses, so it usually runs below the prices of homes listed for sale today. Treat it as a comparison between states rather than a quote for a particular house.

The real-income column shows median household income adjusted for each state's price level. A cheap home helps most where incomes hold up after adjusting for prices. The ratio of home value to income, shown on each state profile, is a quick way to see how many years of the typical income the typical home costs.