11 Cheapest Places in the US to Buy a Home

9) Augusta, Georgia

The southeast region of the US finally makes the list with Augusta, Georgia. Augusta is famously known as the location of the annual Masters golf tournament. It’s is located on the Savannah River, on the South Carolina border, and about 150 miles from Atlanta. The average home on the market today is listed at $93,750 with the median value being $81,000. The average income is $37,593. The three biggest employers are the Ft. Gordon Army base, Augusta University, and the Savannah River Site. Health services are another major employer. Augusta is home to several medical college programs through Georgia Regents University, as well as a variety of hospitals and specialty clinics. The 197,182 residents enjoy recreational space at Riverwalk Augusta, Augusta Canal, Phinizy Swamp Nature Park’s bike paths, and Augusta Commons. Singers Amy Grant and James Brown, as well as former President Woodrow Wilson, spent childhood years in Augusta.

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10) Palatka, Florida

Palatka, Florida lies about an hour south of Jacksonville. It made the list, with an average home value of $89,300 and current market listing ranging around $87,400. The population is 10,390. The median household income is $21,864. The economy relies heavily on manufacturing, with Georgia Pacific and PDM Bridge as major employers. Traditional tourism has faded in the area, but Putnam County has refocused on ecotourism by improving nature trails and waterways. The 1,300-mile Florida Trail passes through the area and connects with parks and trail systems all over the state. Palatka is also home to the famous Florida Azalea Festival, as well as the annual Blue Crab Festival. Popular leisure spots include Ravine Gardens State Park, Riverfront Park, St. John’s River Center, and the Rice Creek Conservation Area. Revitalization efforts have focused on downtown and murals depicting the history of the town can be seen on various buildings.

 
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