ST. LOUIS — Missouri is one of the cheapest states in which to buy a home.
The Show Me State, which ranked No. 8 overall, has the fourth-lowest average closing costs ($2,656), the seventh-lowest median listing price ($186,000) and eighth-lowest median listing price per square foot ($120).
West Virginia ranked first on the list. Arkansas, Alabama, Mississippi, Indiana, Oklahoma, Kentucky, Louisiana and Ohio were the other top 10 cheapest states in which to buy a home.
Kansas just missed the top 10. Ranking 13th overall, the Sunflower State has the sixth-lowest median listing price ($180,000) and ties with Missouri for the eighth-lowest median listing price per square foot ($120).
Illinois came in at No. 30, tied with Florida based on SmartAsset’s index. The Prairie State’s median listing price ($229,900) was 17th lowest.
#Missouri is one of the 10 cheapest states in which to buy a home, according to a recent study that analyzed data for all 50 states and D.C. on metrics including median listing price and average closing costs. https://t.co/iFwGIl8ly0
— STLBusinessJournal (@stlouisbiz) July 21, 2020