In this article, I will share the best states to buy land in the US. The market and the location are the most important thing to consider when purchasing raw land. Your profit will depend on the state you are buying that piece of land. It will have a huge impact on whether you will make a profit or not.
Every single day you waste analyzing a land that is not worth your time will cost you money as every day counts. You have to be quick in your analysis and prioritize your goal to book a good profit even in a down market. Choose a state like Arkansas, Florida, or Tennessee, and you will make some quick money in this raw land investment.
Here we will compare all the best states to buy land in the USA with the average land price and the average number of days it takes to buy and sell it. And then, we will know where to buy land and what US state can make you the most profit according to the market demand and supply.
Ten Best States to Buy Land in the US
Now for not just flipping, you can do whatever you want with it. There are many ways that you can generate cash flow from the vacant land, or you can build your house if the local law allows it. The options are huge. It depends on your preferences and what you want. So here are those US states that are most suitable for buying land.
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You know, the city of Las Vegas. It’s in Nevada state, and I don’t have to remind you how amazing it is. It also has Lake Taho. It is the largest freshwater lake in Nevada, a red rock national park, and space for camping and biking, rock climbing fun, and many more. You can enjoy all that by investing an average of $51,000 on vacant raw land, which is about $0.25 per square foot.
- Average land price: $4,200 per acre
If you want to flip the land, it will take about five months with over 20 percent ROI. It’s an estimated number, and the actual number in every neighborhood may vary. So check it before you buy.
If you are looking for a peaceful place, the State of Arkansas can offer you that. Here you can have a private lake with rock cliffs, cute wildlife sightings, an abundant park, mountain caves, and rivers, and feel the hot springs and nature. It’s one of the most affordable and the best states to buy land, as the average price of land is about $6,800 per acre.
- Average land price: $6,800 per acre
The state is bordering the Mississippi River, and more than 30 million people live here. Without any doubt, it’s the best place for you to think about it.
More than 1,000 people moved to Florida daily from other states in the US last year, according to The ICG report. The climate is warm, and the City is on the coastline, which attracts people to live and have a tour there. The city of Orlando is the biggest attraction as it has more than a dozen green theme parks, magic kingdom, and water parks.
- Average land price: $7,200 per acre
The states offer the famous Miami beach that attaches thousands of people from all around the globe for its amazing neighborhood, colorful art decoration buildings, white sand, hotels, and nightclubs.
Florida is growing, and the land is becoming a thing of scarcity. It’s becoming out of stock. If you want to buy it, Florida is one of the best states to buy land right now.
If you are looking to buy land under your budget, the state of Tennessee is your best bet, especially the city of Nashville. It offers many amazing things to enjoy, like the space between homes is good enough, and the city has an ideal urban sprawl that does not take up much room.
- Average land price: $4,000 per acre
The Grand Ole Opry theater offers many options for land buyers and more affordable prices, like $4,000 per acre or less in some areas. If you are on a tight budget and want to have a good piece of land in your hand, then Tennessee is the best state for you.
Now in Arizona, the average price of land is low, about $1,000 per acre, which makes it more attractive than Tennessee in terms of good-budget land. On average, you can get a piece of land in this US state with about $45,000, which is amazing.
- Average land price: $1,000 per acre
The iconic American landmark of Arizona’s Grand Canyon draws thousands of tourists who want to live there and feel a natural beauty. Don’t think much if you want to buy land there. Go for it.
6. New Mexico
New Mexico is also priced reasonably, like Florida. The state is also known as the Land of Enchantment, as it enchants people like magic. It has striking landscapes, deserts, Mountains, and other amazing natural beauties that attract people to buy land there.
- Average land price: $2,300 per acre
It is also a popular tourist destination for its spas, magnificent Spanish colonial architecture, and vibrant culture. The average land costs about $2,300 per acre, about $55,000 for one piece of land.
I would say the land in Mississippi is not as cheap as most people think it is. Raw land that cost about $3,100 per acre is not cheap for anyone to buy. But, the states offer many amazing things that can cover that high price, like the Gulf island’s national seashore and the Mississippi river. The view is eye-catching, and it is one of the largest rivers in the country.
- Average land price: $3,100 per acre
If you are a nature lover and want to feel the fresh air like me then you will love the area. Go and buy land, and you will never regret your decision. The price is massive, but still, it’s one of the best states to buy land in the US.
8. West Virginia
Do you love mountains? If yes, then West Virginia is heaven for you. It is one of the attractive places to buy land, especially in the northeast part of the state. It has the most affordable plots in the whole state. Plus, it’s a great place for nature lovers and hikers.
- Average land price: $3,300 per acre
The meeting point of the Potomac and Shenandoah Rivers lures people into buying land and homes in West Virginia. Surely, it’s a great place to invest.
Washington, and its largest city, Seattle, is popular for its tech industry, vibrant music, and coffee houses. The land price is average, but in some cases, it may go up to $19,800 per acre. Washington is a landmark that has a century-old Pike place market, Seattle aquarium, and Chihuly garden.
- Average land price: $2,700 per acre
It’s a big state and a popular one. A good place to start buying land, but I would prefer the Florida side. It’s a personal choice. It’s up to you.
Our last state on this list is Oregon. It has a massive coastline and cool weather. It’s perfect for anyone who likes to stay active in the hand of nature. It can provide an adventure, unlike anything.
- Average land price: $3,150 per acre
Raw lands are a little expensive, but you will love them. But do a small research before you buy land there, especially if you in short on budget.
All these numbers and data on the best states to buy land are estimated, and the actual number may vary in every neighborhood. So check it before you buy land. I am not advising you where to buy it. It’s your decision.
So these are the best states to buy land in the US according to the average price and the market demand. But do your research first and know which state can help you make the most money from your investment and will the local law will allow the work you are about to do. You don’t want to get in trouble with the local police.
And there are many frauds in the land business, and you have to know how to avoid them in that neighborhood. Every area is different. Analyze it differently. You will remain safe. I wish you the best of luck. Thanks for making it to the end. See you soon.