Posted on 04/27/2025 8:51:04 PM PDT by SeekAndFind
I’ve seen properties in red states sell for $10,000 on real estate websites, not the houses.
However, I’ve seen houses and properties sell for as little as $30,000 on these same sites.
More importantly, which states have the most affordable property tax rates?
RE: ’ve seen properties in red states sell for $10,000 on real estate websites, not the houses.
They’re probably in the middle of nowheresville.
You save on fences.
Not Texas
My parents’ house (1270 sq ft) located in a red state sold for less that $240,000 (and that included 9 acres and a concrete floored shop) in 2023. That price was comparable to other homes in the area. The young couple that purchased are delighted with their new home and their toddler son is growing up in a rural environment where he can run around outside and play to his heart’s content. They plan to build on an addition and grow their family there.
There is a 20 to 30 minute commute to the largest town nearby with manufacturing, large retail, and academia jobs. Pay in that town is pretty decent unless you want a “high dollar” lifestyle. It’s an hour job to the “big city” with even more opportunities.
You can find houses for a reasonable price in a red state unless you want big city living and 4000 sq ft (on 1/8 ac lot).
If you go to rural Mississippi, you can find homes for 100 to 150 thousand. If you have a WFH job, that would be an ideal place to live.
I worked in Clarksdale Mississippi a few years back and looked at buying a home there. As you said $100k is possible and $150 can be quite nice.
One thing about house prices you ALL leave out is
nearby jobs that allow you to pay those prices!
No jobs, equals cheaper housing!
Probably many in the sticks of any state.
I recall a community in Northern Montana where one can buy a home for dirt cheap. $15,000 or so. It is a former military base and far from anything. The only trouble is they have an HOA.
Although I don’t think they would be much of a problem. From the photos it was difficult to tell the difference between the homes being lived in and the 80% that are abandoned and empty.
I live in an HOA. It’s pretty cheap at 135 a month but they are not horrible Karen’s thankfully. I don’t think I could live in a place that I would have to drive an hour to get anywhere. It’s 7 minutes to Publix, 25 minutes to many stores and 40 minutes to Orlando for us.
California prices.... wow. These are single story on small 1/4 acre land. Crowded with 6ft walls for privacy from neighbors.
Median Price by Month, Latest 13 Months
https://www.laalmanac.com/economy/ec37.php
Former co-worker told me her home value has doubled in price in Ventura. She pays $1,500 a month total with taxes for 900sq/ft. Bought home less then 10 years ago. 1 mile from the beach. Part of a triplex. Rent for a 1 bedroom apt is over $2,200 for 700sq/ft.
Ventura average home price $940,000
“More importantly, which states have the most affordable property tax rates?”
If your house only costs $30k, do you even care what the rates are?
I’ve seen “affordable” housing come with a lot of unaffordable incomes.
That all depends on your income. A lot of the “affordable” housing comes with unaffordable property taxes which generally only go in one direction...UP. You buy a house after aprice is set until it’s paid for, but property taxes change constantly whether the ACTUAL property value does or not.
Can be, but the rates have been dropping in Texas, at least, thanks to the state government taking over some of the school funding.
I live in the Grande Dunes area of Myrtle Beach. Currently renting until we can find something. Homes here average around $750k. My wife says no problem, and I’m wandering if we can afford a refrigerator box behind a Luby’s to make our home.
Affordability clearly doesn’t include property taxes.
Go figure.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.