Cheapest Land in the US

Cheapest Land in the USAs one of the largest countries in the world, the United States has more than 3.5 million square miles of land. Because of this, many are attracted to investing in this increasingly attractive type of real estate. 

If you are one of them, you might be wondering about the cheapest land in the US. You might be surprised at the price tag of some of the most affordable properties for sale in the country! In some areas, an acre of land costs significantly less than you might imagine.

Quite obviously, the market value of land in urban and commercial areas is much higher compared to agricultural land. In fact, as of 2018, the national average of agricultural land cost per acre is only $3,140. 

Because of the low price of some parcels of land, you don’t have to be ultra-rich to be able to afford a few acres and land. And even pay in cash. 

Therefore, when you find a great property deal in a desired location, go ahead and consider investing! This is especially safe if you’re in for the long haul.

Factors That Affect the Price of Land in the US

When looking for the cheapest land in the US, you have to set your expectations. Properties close to highly urbanized areas, larger metros, residential neighborhoods, and other similar communities are more expensive. But land buyers are generally more focused on rural areas.

A good rule is….if it’s an area popular with families or to find work, land will be more expensive compared to other areas that are more rural. So consider a good range one hour from a major city. This is close enough to enjoy a few times a month, but far enough to keep the land values in check.

The primary factors that affect the cost of land include the following:

  • Property Location
  • Property Type (Residential, Commercial, Agricultural, Recreational, etc.)
  • Property Condition (Livable, Non-Livable, Usable, Non-Usable, etc.)
  • Market Value of Surrounding Properties
  • Proximity to Major Metros

Affordable Properties in the U.S.

There are very affordable properties in the United States that go as low as just a couple of hundred dollars per acre. In fact, the cheapest land in the United States according to an article by The Manual, is absolutely free. Marquette, a small town in Kansas with a population of only 600 people, offers land for free to families looking for homes.

In Nevada, you can get land for as low as $157 per acre. However, you can’t just buy 1 acre of land. To enjoy this very low rate, you would have to buy in bulk. Before you get excited about this, you have to know that rural vacant land that sells for such a low cost per acre is usually not livable or usable. 

For instance, these rural lots selling cheap in Nevada are situated in a desert with very little to no vegetation. This might be a perfect fit for you depending on your buying criteria. With the US population constantly growing, people will likely move to this area one day when cities get extremely crowded. 

To enjoy huge returns of your investment, it will probably take years or even decades. After all, one of the keys to success in real estate is patience. It’s always about the right timing when buying or selling.

Cheap Land for Sale

Buy Cheap Land in the United States

Is buying land and building a house cheaper than just buying a home that’s already built? 

When searching for the cheapest land for sale in USA, you have to stay vigilant and be aware. It’s important to do your homework and make sure you understand exactly what you’re getting. 

Due Diligence on Your Prospective Property Is Important

For example, make sure you ask a lot of questions regarding your prospective property. For example:

  1. Is everyone on the deed alive and able to sign?
  2. If your goal is to have a trailer on the property, make sure the county is OK with that. 
  3. Make sure to ask the seller if there is water and power to the property line if you intend to build.
  4. Are there any back taxes due on the property, or are all taxes current?
  5. Call the county planning department and make sure you understand any restrictions the property might have.

Buying the property might cost you very little money in the beginning, but you could end up spending more just to get access to utilities, and other necessities you might need.

At Land Soar, we can help you find cheap land in the United States with honesty and integrity in mind. Our team will inform you about the property’s condition and what you can expect after purchasing land. We specialize in rural lots for sale in Florida and around the USA.

If you have a property to sell, you can contact us and we can assist you with that too. Call us at 386-200-5001 for inquiries.