If you are thinking how many are the cheapest state to buy land? The wonderful thing about buying vacant land is that it gives you a fresh start for whatever you want to do. Vacant land is a space that is full of potential with a high rate value. You can find a reasonable place all over the country or state if you know where to look. The secret is to find cheap land in underdeveloped areas that will see a building boom shortly. In this post, we will find out some of the many cheapest states to buy land.
List Of 10 Cheapest State To Buy Land
The cheapest state to buy land is listed below. Let us see their names.
- New York
- New Mexico
- West Virginia
Top 10 Cheapest State To Buy Land
From the above list of the cheapest state to buy land, here are 10 states where land costs are low. Let us know more about them.
Do you know what is the cheapest state to buy land in the world?
Oregon is a state in the Pacific Northwest region of the western United States. Oregon ranks the 7th in the nation for total land currently for sale in the USA. the average cost of land in Oregon is $3120 per acre.
New York, USA
New York is officially known as New York State, a state in the northeastern USA. New York is one of the most populous megacities in the world. New York is one of the cheapest play to buy land in the world.
Arkansas is best known as a natural state in the USA. Arkansas has a low cost of living, a growing economy, and a growing population. Some of the cheapest land in the natural state can be found in Clay County, located in the northeast corner of Arkansas. Arkansas land for sale price is up to $2,880 per acre.
Texas is a state in the South Central region of the United States and it is 2nd largest states in the US by area and population. Because of its large size, Texas has a very diverse landscape, similar to the southern and southwestern parts of the United States. The cheapest land in Texas price is $3,725 per acre.
The landlocked southern state of Tennessee is known for its central capital Nashville. Despise its various attractions, land in Tennessee is relatively inexpensive. Tennesse land for sale is $14,400 per acre average cost. One of the biggest advantages of buying land in this state is that Tennessee offers no state income tax.
Arizona is famous for its perpetually sunny weather and of course the Grand Canyon, and also the 6th largest State in the US with a rapidly growing population. Their job market is very good compared to many other states. You can also buy cheap land in Grand Canyon state. The land rate is $7700 per acre in Arizona.
New Mexico, USA
New Mexico has many fascinating landscapes, from the Chihuahuan Desert to the Sangre De Cristo Mountains. It is the cheapest state to buy land and build a house because Property taxes in New Mexico are relatively cheap compared to other states, and land development costs are low. The average cost of land in New Mexico is $6000 per acre.
West Virginia, USA
West Virginia is known as the Mountain State and its terrain is almost entirely mountainous. West Virginia’s economy has grown significantly and is still growing. You can still find low-cost land in WV. West Virginia state is one of the cheapest states to buy land in the USA. The average price of land is $1000 per acre.
Florida is the most southeastern state of the United States and is bordered by the Atlantic Ocean on one side and the Gulf of Mexico on the other. Florida’s climate throughout the state is generally warm, temperate, and tropical. It became the best state to buy land and build a house.
California, America’s westernmost state, stretches nearly 900 miles from the Mexican border to the Pacific Ocean. The geography of this large state is very diverse, with an extensive coastline to the west and the Sierra Nevada mountain range to the east. It is one of the cheapest states to buy land for homesteading overall price is $4,100 per acre.
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What State Is The Cheapest State To Buy Land?
InMyArea.com performed a study that took a look at the median prices per acre in 2021 and found that Arizona had the cheapest median cost per acre, at $4,164. The data includes the price of land with existing homes and the cost of land designated as a homesite were also included so that you can have some comparison.
What State Has The Lowest Cost Per Acre Of Land?
The state with the cheapest land in the U.S. is Wyoming, where one acre costs an average of $1,558. The state with the most expensive land in the U.S. is New Jersey, where one acre costs a whopping $196,410. The average acreage of property in the U.S. is 10,871 square feet, or a quarter of an acre.
Where In The US Is The Cheapest Place To Buy Land?
Areas to be considered
Arkansas, Tennessee, West Virginia are three of the cheapest places where you can buy cheap land. New Mexico and Arizona are popular places for retirees. If you are going to buy land make water and other utilities are available nearby.
Where Is The Cheapest Undeveloped Land In The US?
New Mexico is the state with the cheapest land according to our land prices per acre page. This is largely due to the fact that it has a lot of of rural desert acreage.
Where Is The Cheapest Land To Buy Right Now?
Tennessee, Arkansas, and West Virginia are three of the most inexpensive places to buy land. Texas is a popular place for retirees but not necessarily the cheapest place to purchase land. If you plan to purchase land, make sure it’s close to water and utilities.
How Much Is A Acre Of Land In Mississippi?
Over the last 20 years, the price of farmland per acre in mississippi has risen by an average of 6% per year to $3,100 per acre as of 2019.
We discussed a nice article about where is the cheapest place to buy land. There are many states and places to buy land but we only share the ones that are most reasonable for you. We have seen the land prices per acre and some information about the states. I hope you are satisfied with learning the affordable lands. The above information was all about the cheapest state to buy land.