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In this video, Felicia talks about the cheapest place to buy land. If you’re looking for land for cheap land for sale near me, or the cheapest land in the US – we’ve made it easy for you! Check out the list here. From the video:Are you looking for affordable land for sale? Want to know which states are the cheapest to buy in? My name is Felicia I’m a land investor and a partner at Compass Land USA. We’ve bought and sold hundreds of properties across the US. Today I’m going to share with you some of the cheapest states and counties you can buy land in 2022. Something I want you to keep in mind before starting this process is you get what you pay for. Ok, so we might not be seeing the most beautiful land this country has to offer, we’re looking for the cheapest vacant land available. And normally, the cheapest land in the US will not have any utilities, it might not even have road access. Many Counties have zoning restrictions on what you can use the property for, too. You want to check that out before buying. We have a land buying checklist of things to look at before you buy, I’ll put a link to that in the description here. SPOILER ALERT!The cheapest states turned out to be New Mexico, Arizona, and Mississippi.
There were a couple of other ones mixed in there like Colorado, Texas, Florida, and Oregon. But the vast majority of the results were in those top 3, Arizona, New Mexico, and Colorado. So how did we determine this? Data. I’m actually an engineer, I have a couple of degrees in engineering, that’s my background before entering the real estate world, and I LOVE data. So we went and parsed through several of the most dominant land listing websites including LandWatch, Land and Farm, Lands of America, LandFlip, and Zillow. We took the most recent price per acre data they had available and collected it here for easy pickings for you. For acreage size, we chose to use 1 acre and 5 acres as examples. We had to choose a way to normalize across the websites and data provided. So we examined 1 acre and 5 acres. These also seem to be the most popular size requests from our customers (people who buy land from us) and I figured it would be the most helpful for you here. Cheapest State to Buy 1 Acre of LandLet’s jump right into it. Let’s go over the 1-acre results first, for the top 10 inexpensive states. So the cheapest place to get 1 acre of land turned out to be … Valencia County NM
Apache County AZ
Jasper County MS
Navajo County AZ
Luna County NM
Mohave County AZ
Cochise County AZ
Polk County FL
Torrance County NM
Mississippi surprised me here. I’ve heard murmurings in the real estate community about Mississippi, Arkansas, and Tennessee starting to get some attention. I guess we’re starting to see the results of that here. Another interesting point is that some of these prices are actually lower than in 2021. I don’t have a solid reason for this. My thoughts are that maybe we’re seeing more desert squares type of land, out in the middle of nowhere, no utilities, partial access. This could make sense if people are feeling like they need to get out of dodge, they want a piece of land that’s truly as escape with few people around. The market might be reflecting those desires. Seeing a Florida county surprised me as well. Definitely wasn’t expecting that. It could be that the day I pulled the data, someone had this up there and they’re dying to sell it so they priced it low. Or there might be something wrong with it. Either way that low of a price for an acre lot in central Florida raises a flag for me. Maybe it’s in a wetlands. Cheapest State to Buy 5 Acres of LandNow let’s check out the 5 acre results, top 10, see if the pattern continues. The cheapest place to get 5 acres of land turned out to be … Hudspeth County TX
Costilla County CO
Valencia County NM
San Miguel County NM
Lake County OR
Mohave County AZ
Cochise County AZ
Socorro County NM
Kern County CA
Apache County AZ
So similar trends, slight differences. A lot of desert squares, so maybe I was right about the need to escape. I was surprised that Texas didn’t have more of a presence. Maybe that’s because it’s really popular right now? ` So for both 1 acre and 5 acre plots, our cheapest states to buy land are New Mexico, Arizona, Mississippi, closed followed by Florida, Texas, Colorado, and Oregon.
Some great news for you here is that at Compass Land USA, we do a lot of work in Colorado, Arizona, and Florida. So make sure you check out our website compasslandusa.com for all our current listings. And if you’re interested in doing your own deep dive or research, you can check out those websites I mentioned earlier, I’ve included them throughout this post. I hope you found this video helpful! Please don’t forget to leave a comment, let me know if this was useful for you, leave a question – I’ll reply with your answer. And make sure you subscribe to our channel. We do lots of informative land buying videos like this as well as pretty cool custom property tour videos. Thank you so much for watching, and I’ll talk to you soon. 🙂 Want Your Own Copy of the Land Buying Checklist?You can get yourself it for free – just fill out the form below! Where is the cheapest land per acre in the US?So for both 1 acre and 5 acre plots, our cheapest states to buy land are New Mexico, Arizona, Mississippi, closed followed by Florida, Texas, Colorado, and Oregon. Some great news for you here is that at Compass Land USA, we do a lot of work in Colorado, Arizona, and Florida.
Where is US land cheapest?InMyArea.com performed a study that took a look at the median prices per acre in 2021 and found that Arizona had the cheapest median cost per acre, at $4,164. The data includes the price of land with existing homes and the cost of land designated as a homesite were also included so that you can have some comparison.
Is buying land in 2022 Good?Investing in land is one of the most powerful strategies to make money in 2022. Over the past few years, demand for land as an investment has experienced an uptick. From 2020 to 2021, there has been an increase of 155% in rural land sales. This growth is due to the stability that comes with purchasing a piece of land.
How much is an acre of land in Arkansas?The USDA's National Agricultural Statistics Service “2022 Land Values Summary” indicates that agriculture acre values in Arkansas are up 4.7% to $3,550 per acre.
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Cheapest land in the u.s. 2022
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