Advertiser Disclosure

This post may contain affiliate links. We may earn a fee, at no cost to you, if you buy after clicking on the links.

6 Best Places to Find Cheap Houses for Sale Near Me

Buying a house costs a lot of money. In 2019, the average costs for buying a home was around $315,000. If you live in an expensive city or want something nicer, expect to pay way more. If you’ve found yourself wondering, “where can I find cheap houses for sale near me?” and you don’t know where to look, I understand.

The current cost of buying a house plus upfront costs can add up. And if you’re on a tight budget, your dream of homeownership may be far from becoming a reality.

Do not just lose hope yet, however.

This guide will help you narrow down your search so you can find the cheap houses for sale near you.

If you are interested in comparing the best mortgage rates through LendingTree click here. It’s completely free.

Best Way to Save Money on Buying a House

Before I cover cheap homes for sale near you, it’s a good idea to know a good way to save money getting a mortgage for your house – LendingTree.

LendingTree is an online platform where you can shop and compare mortgage rates side by side and all in one place. You get several offers from multiple lenders in your local area.

By comparing several mortgage rates, you get to save money over the life of the loan.

You can also use the internet to find a cheap home for sale near you. Use any of your favorite search engine and search for the following terms to locate a cheap property.

  • single family homes for sale
  • houses for sale near me
  • cheap houses for sale near me
  • houses for sale under 50000
  • cheap homes for sale near me
  • newly rehabbed homes for sale 
  • houses for sale

Regardless of the option you try, you will be able to save on buying a house. 

Understanding the types of houses for sale you’re looking for

A condo may cost more to buy than a single family one, whether it is on sale or not. A townhouse may also cost more than a condo.

You get the point!

So, to find the best houses for sale for your situation, you need to know what type of house you want to buy, and what the potential cost may be.

So you search should also include terms like “condos for sale” or single family homes for sale” near me. That will give you an idea of how much house you can really afford.

Best Places to Find Cheap Houses for Sale Near Me.

Are you thinking of buying a house soon? There are several ways to cut costs. Below are six best places to find cheap houses for sale near me to keep more money in your pocket.

1. Hudhomestore.

The hudhomestore is an excellent choice to find a house at a discount. The reason they are so cheap is because those homes, called HUD homes, are foreclosed homes.

A HUD home is a home that was foreclosed on by a buyer who had bought the property with an FHA loan. When an FHA loan is foreclosed on, the property becomes HUD’s home.

Prices for homes in foreclosures are often significantly cheaper than regular houses for sale.

You can find cheap houses for sale on the HUD home store website.

Once you are on the website, you will see a map of the US. You just click on your state.

Or you can search by typing your address, including zip codes and and a list of cheap houses for sale will populate. 

Click here to get approved for a HUD home.

2. Point2homes.com

Point2home offers another way to save money on buying  a house. It allows you to search cheap real estate for sale near you.

In the search bar, you can select “for sale” option and type in your city and state and Point2home will provide you a list of homes for sale in your area. 

From there, you get additional options to do a more specific search. Put in your minimum and maximum price for the house.

The type of property you’re looking for, the year it was built, square feet, lot size, etc.

And you will get even more cheap houses and condos for sale in your neighborhood.

Click here to compare mortgage rates through LendingTree. It’s completely FREE.

3. Foreclosures.com

As the name suggests, foreclosures.com is an online database that focuses on foreclosed homes. They also have a large selection of cheap houses for sale throughout the country.

But they mainly focus on foreclosures, short sales home, bank-owned homes, etc.

According to their website, they have the “largest selection of cheap houses for sale in the country under $100,000 and very often for much less.”

You can start searching for an affordable home by state, country or city and select a price range.

Once you’ve entered your search criteria, foreclosure.com will bring you a list of the cheapest houses in your selected area.

4. Bankforeclosuressale.com

BankForeclosuresSale is very similar to foreclosure.com because they focus on foreclosure homes.

It’s an online database where you can browse houses at a discounted price.

Indeed, it makes it easy to find a cheap house in your area. You can search through millions of foreclosure homes, including bank foreclosures, government foreclosures like HUD homes.

In addition, they update their house listings daily. However, to see the full details of the houses, you have to create a free account and become a member.

5. Redfin.com

Redfin is another online database to find cheap houses for sale in your area. Simply go to the website and as soon as you’re on there, you’ll see a map on the left hand side. The map is refreshed with the newest house listings in your area every 15 minutes.

In addition, use their search tool to find you the cheapest home. Use filters to narrow your search by price, square feet, beds and baths to find your home that fit your needs.

Click here to compare mortgage rates through LendingTree. It’s completely FREE.

6. Search engines.

Online searches are a great way to narrow down the cheapest houses for sale in your area. Simply type in “cheap houses for sale near me” and thousands of results will pop up. 

Cheap houses for sale near me: bottom line

Buying a house is expensive, especially if you live in an expensive city. Depending on where you want to live, it can get costly, but there are a few options to get the best cheap houses for sale near you.

Some places are better than the others, so you have to keep looking to find the cheapest homes for sale in your area.

How do you save money on buying a house? What do you do to find cheap houses for sale near you? How much money do you spend on getting a house?

Read More

Work with the Right Financial Advisor

You can talk to a financial advisor who can review your finances and help you reach your goals (whether it is making more money, paying off debt, investing, buying a house, planning for retirement, saving, etc). Find one who meets your needs with SmartAsset’s free financial advisor matching service. You answer a few questions and they match you with up to three financial advisors in your area. So, if you want help developing a plan to reach your financial goals, get started now.

Article Comments

We invite readers to respond with questions or comments. Comments may be held for moderation and will be published according to our comment policy. Comments are the opinions of their authors; they do not represent the views or opinions of Growth Rapidly. Comments have not been reviewed or approved by any advertiser, nor are they reviewed, approved, or endorsed by our partners. It is not our partner’s responsibility to ensure all posts or questions are answered.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like