The results? Some states have land costly enough to buy a simple starter in other parts of the country. We analyzed the data to find the states with the most (and least) affordable land by acre. However, just like home prices vary by state, so too does the price of land. In fact, new home construction is at the highest levels since 2006. This home shortage, combined with fluctuating interest rates and workers having more flexibility in housing location, has led to a boom in homebuilding. However, since 2020, the United States had a supply shortage of 3.8 million homes making home ownership simply out of reach for many. Homeownership is a cornerstone of the American Dream. is 10,871 square feet, or a quarter of an acre. The average acreage of property in the U.S. is Rhode Island, where one acre costs a whopping $350,400. The state with the most expensive land in the U.S. is Arizona, where one acre costs an average of $4,200. The state with the cheapest land in the U.S. Cost Of An Acre In Each State Research Summary
0 kommentar(er)
