I live in the UP of Michigan. We bought 40 acres of farm land and woodland about 3 years ago for $19,000. Most homes here average around $40,000. But, you can find them once in awhile under $20,000, livable, just not great.
There’s a house next door to us selling for $19,000. REALLY in need of fixing-up. Not much property with it, and two black walnut trees (bad, bad, bad for veggies!), but it’s away from the city and you can still do raised bed gardening - as we are doing. It’s in an old coal-mining patch town.
just attended an auction for 70 acres of farm ground, central ohio area, $6500/acre. How soon til farm ground crashes?