10 States With the Lowest Home Prices in 2022 - FORECLOSURE FRAUD

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10 States With the Lowest Home Prices in 2022

10 States With the Lowest Home Prices in 2022

Two years ago, the housing market started seriously heating up. With mortgage rates at all-time lows, buyers flocked to the market. As a result, home prices in the U.S. increased by more than 30% from 2020 to 2022, according to recent Ascent research. Despite this, homes continue to sell within days of being listed.

However, housing in some states remains affordable. The following states have the most affordable home prices this year, way less than the national median of $428,700.

10 states with the most affordable homes

  1. West Virginia has the lowest home prices in the United States. The typical single-family home costs $137,286. Bonus: West Virginia also boasts some of the lowest property taxes in the country.

To continue reading the rest of the article, please click on the source link below:

https://www.fool.com/the-ascent/mortgages/articles/10-states-with-the-lowest-home-prices-in-2022/

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