The Top 9 Best States to Buy Land in 2021

Discount Lots’ main goal is to help every day people find cheap land for sale. If you are looking for land for sale, we are here to help. Many people are searching for the perfect piece of land at the best price. Sometimes that can be a challenge, but that does not mean you should stop searching! If you are looking for land for sale in a city that has the potential for a great future, a low risk, and promising rates of return then this is an article you should read!

The United States is known for its big, advancing cities like Charlotte, Atlanta, and Los Angeles. Buying land in a growing city is always a great choice, but there are many states with land for sale where you will be happy with your purchase. Looking for land for sale can be intimidating, but there are so many perks to owning your own land. When you are searching for land to buy, there are some important factors to consider. These include what you are looking to buy land for, how much land you want to buy, and how much you want to spend on your land purchase. When it comes to the location, you may want to compare the industries in each area as well as the population and economic growth.

Impacts on Real Estate Market

We all know firsthand that 2020 and 2021 have been hard years. The Covid-19 pandemic took a toll on the economy, in fact the economy was hit the hardest since the recession in 2008. If the economy was impacted, then we know for sure that the real estate market was negatively impacted as well. As the world and the economy is recovering with vaccine developments, the real estate market is responding positively.

In 2019, the United States was sharing the largest fraction of the global real estate market. According to MSCI, the global real estate investment market went from 2018’s 8.9 trillion to 9.6 trillion in 2019. Once the pandemic hit, the market struggled. But we are on the mend! We are creating more opportunities with higher innovation rates as well as the increased entrance of immigrants.

The real estate market is getting back on track now with the United States’ positive GDP growth and urbanization.

Of course, the United States consists of 50 beautiful states that are all unique and desirable. Believe it or not, we have 9 particular states that are currently the best places to buy land. Buying land in these specific states will give you great potential for success and change your life for the better!

In no particular order, below you will discover the best states to buy land.

Florida

Full of sunshine and fun, Florida is a wonderful state to look for land for sale. If you are looking for a place full of outdoor activities and beautiful weather, then Florida is the state for you. The average number of sunny days in this state is 237! We could get used to that!

The cost of living in the state did increase in the past year by a little over 1%, making it 102.8 out of the average of 100.

Disney World is in Orlando, FL and it is top destination for tourists. Adding to that, there are many gorgeous beaches to visit. The state is a popular vacation destination and somewhere land will always increase in value.

Arkansas

There are hundreds of breathtaking lakes in the state of Arkansas. Fishing and water activities are just a couple of activities you can partake in. Popular cities in the state are Hot Springs, Little Rock, Eureka Springs, and Fayetteville. With the impacts from the pandemic, Arkansas was able to keep cost of living lower than most states, at an index of 87.8 out of 100.

There are beautiful parks, gardens, and mountains surrounding Arkansas for you to enjoy. Not to mention, the wonderful wildlife refugees to visit! You will never run out of things to explore in this wonderful state. And to top it all off, Arkansas land is cheap, starting under $8,000 per acre. What are you waiting for?

Tennessee

Tennessee has a variety of landscapes. The Great Smoky Mountains National Park is one of the top visited national parks in America. Tennessee is continuously growing, especially cities like Memphis and Nashville. Besides its natural beauty and its varying cultures, the state has a low cost of living as well. Tennessee is somewhere you want to be with one of the lowest costs of livings at 88.7 out of the average 100.

If you are looking for hunting land to buy, this state is a great one to look in. Buying land in Tennessee is a great investment opportunity since home and land value in the state is only going up.

Utah

Utah consists of stunning natural parks and a variety of wildlife. The state is a great place for tourists and makes for a great playground for outdoor enthusiasts. The population growth in Utah over the last decade has been continuous.

Over the past year and the many impacts on cost of living, Utah’s cost did raise by a small amount. Although Utah has a cost of 110.8, a higher cost of living than the national average of 100, it is still a fabulous place to invest in land.

The state has tons of land for sale, and it is a very affordable option for land investors. If you buy land in Utah, you will not regret it!

Arizona

The Grand Canyon makes Arizona a popular place to buy land. The state’s affordability and growth make it a great place to invest in land. California and Nevada are in easy access from Arizona which makes for great travel opportunities.

Although the state has higher prices, it also has cheaper living standards. Compared to bordering states like California, the state’s cost of living is at 102.2 closer to the national average at 100. If you are looking for land with beautiful landscapes with easy access to bordering states, look no further!

Oregon

Oregon ranks in the top ten when it comes to the fastest growing states in the United States. There are wonderful opportunities for employment in the state as well as breathtaking scenery to explore. Buying land in the state will give you the pride of ownership now while the value continues to grow in the future.

Although Oregon is a great place to invest in land, it is important to recognize the impact on the cost of living. The state was impacted from current events and the cost of living increased to 134.6 out of the national average of 100.

West Virginia

Enjoy the endless mountains and land for sale in West Virginia. This state is one of the cheapest places to buy land in currently. If you enjoy off roading, biking, and hiking then West Virginia is for you.

West Virginia’s cost of living wasn’t negatively impacted from the pandemic and stayed at our lowest of these 9 states. 78.1 out of 100 sounds pretty good! Many people are interested in buying land in the state because of its low prices and variety of attractions.

Kentucky

Land in Kentucky is its most valuable asset. Particularly, the city of Lexington is booming when it comes to land for sale. Lexington is the fastest growing city in the state of Kentucky. Enjoy the stunning scenery of the state as well as a wonderful, economic opportunity.

Kentucky’s cost of living is one of the lowest out of these 9 states to buy land in. You will be happy to hear that the state’s cost of living is at 83.6 out of the national average of 100. Take advantage of the state’s low prices before they start to go up!

Texas

If you are looking to create a farm or a ranch, Texas is the state you should focus on. One of the main reasons people buy land in the state for farming purposes is due to property tax exemptions. You may qualify if you use your land for agriculture and wildlife preservation.

The state’s cost of living is lower than the national average, which is great especially with the previous hard years we have had. It currently sits at 93.9 out of the national average of 100. Texas is affordable and perfect for your dreams of agriculture!

Whatever type of land you are looking for, there is a place to buy it. Some people searching for land for sale know exactly what they are looking for and some do not. If you are not sure what type of land to buy, that’s okay. The best way to start is browsing through different land sites. A list of pros and cons is a great way to narrow it down! Discount Lots is always here to help with your land buying needs. Whether you are looking for ideas on what to use your land for or have specific questions on zoning, we are here to help!