11 Cheapest Places in the US to Buy a Home

7) Scranton, Pennsylvania

Scranton is another Pennsylvania town to make the list. It was initially built on the iron ore industry, but the supply was dwindling in the early 1900s. The city then focused its economy on coal. Like Wilkes-Barre, Scranton climbed to its peak prior to World War II. The end of the war brought major changes to Scranton’s economy. The coal industry faltered, the railroad shut down, and the abandoned mines began to collapse and cause great damage to streets and buildings. Although the financial struggle continued through the 1970s and 80s, it was the launching of the drugstore, which later came to be known as Rite Aid, that initially began to bring it somewhat back to life in the 1960s. Scranton has been focusing on revitalization since then, and many new businesses have opened in the downtown. The average home cost is $104,842 and median income is $37,551.

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8) Huntington, Indiana

Huntington, Indiana made the list with a median home value of $80,800 and current listings being around $74,900. The median household income is $39,542. Huntington is also known as the “Lime City” because it is the site of many limestone quarries and kilns. Local major industries include agriculture, electronics, logistics, steel production, mineral aggregates and petroleum production and distribution. Huntington is just couple hours from the main city of Indianapolis. It has a population of 17,095. According to TripAdvisor.com, some of the top leisure activities in the area include ziplining at Timber Lake, exploring the Sunken Gardens, walking the trails in the Historic Forks of the Wabash, and wine tasting at the local Two EEs Winery. Being former Vice President Dan Quayle’s hometown, it is also site of the Quayle Vice Presidential Learning Center.

 
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