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Most Affordable Midwest States to Buy a Home (2026)

The Midwest is consistently America's most affordable region for homebuyers. With multiple states offering median prices between $200,000 and $280,000, Midwestern markets provide strong value for buyers willing to embrace four-season living. Here are all Midwestern states ranked from most to least affordable.

1
Iowa
Median: $210KTax: 1.52%Insurance: $1,800/yr
$210,000
Median Home Price
2
Ohio
Median: $215KTax: 1.56%Insurance: $1,400/yr
$215,000
Median Home Price
3
Kansas
Median: $225KTax: 1.41%Insurance: $2,900/yr
$225,000
Median Home Price
4
Missouri
Median: $235KTax: 0.97%Insurance: $2,200/yr
$235,000
Median Home Price
5
Indiana
Median: $240KTax: 0.84%Insurance: $1,700/yr
$240,000
Median Home Price
6
Michigan
Median: $240KTax: 1.54%Insurance: $1,800/yr
$240,000
Median Home Price
7
Nebraska
Median: $245KTax: 1.73%Insurance: $2,800/yr
$245,000
Median Home Price
8
North Dakota
Median: $255KTax: 0.98%Insurance: $2,100/yr
$255,000
Median Home Price
9
Illinois
Median: $270KTax: 2.07%Insurance: $1,900/yr
$270,000
Median Home Price
10
Wisconsin
Median: $280KTax: 1.76%Insurance: $1,300/yr
$280,000
Median Home Price
11
South Dakota
Median: $295KTax: 1.22%Insurance: $2,300/yr
$295,000
Median Home Price
12
Minnesota
Median: $335KTax: 1.12%Insurance: $2,100/yr
$335,000
Median Home Price
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