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The housing market is crazy, and it just keeps getting more and more wild. A huge part of the so-called “American Dream” is to buy your own house, so for first-time homebuyers, this housing market is dashing a lot of dreams. I’ve never bought a house before, so with nothing to sell, I’m definitely waiting until the market crashes to purchase anything. It’s just too expensive.

Michigan is no exception when it comes to the prices of homes. The housing market here is very high, but as it turns out, one Michigan city is the No. 1 cheapest in the entire U.S. to purchase a home. That’s great news for Michiganders who want to buy a home but not leave the state. Of course, there are plenty of other factors to research, including the safety of the area you’re buying a home and how close it is to work, but hey, with the No. 1 cheapest housing market right here, it’s worth a look.

According to a new report from LocalRecordsOffices.com, the cheapest city to purchase a home in the entire U.S. in 2022 is the city of Detroit. “It’s no surprise that the lowest median home prices in the nation can be found in certain parts of Detroit,” they state in the study. “The city is basically in bankruptcy after losing more than half of its population over the past 50 years. When the housing crisis arrived, Detroit was already in trouble, and home prices tumbled further. Even today, with the economy starting to recover in earnest, the city’s median home price is just $32,600. While purchasing a home in Detroit takes a lot of research and a little luck, prices are on the upswing.”

Read on for the full list of the cheapest cities to purchase a home in 2022, according to LocalRecordsOffices.com, and get that wallet out.

15 Cheapest Cities in America to Buy a House in 2022

  • 15 Cheapest Cities in America to Buy a House in 2022

    This list is via LocalRecordsOfficies.com.

  • 1. Detroit, MI

    Detroit’s median home price is $32,600.

  • 10 Things to Do in Detroit

  • 2. Buffalo, NY

    The median home price is $51,000.

  • 3. Toledo, OH

    The average home price is $51,200.

  • 4. Cleveland, OH

    The median price of a home is just under $50,000.

  • 5. Tampa, FL

    The median price of a home is $120,000.

  • 6. Augusta, GA

    The median price of a home is $74,600.

  • 7. Philadelphia, PA

    The median price for a home in Philly is around $104,000, but other factors make some homes much less expensive in the area.

  • 8. Youngstown, OH

    The median price of a home is less than $40,000.

  • 9. Akron, OH

    The median price of a home is $55,600.

  • 10. Lynchburg, VA

    The cost of living is 11.4% below the U.S average.

  • 11. Temple, TX

    The cost of living is right under 12.3% below the U.S. average.

  • 12. Morristown, TN

    Rent and mortgage prices are about 30% lower than the national average.

  • 13. Wichita Falls, TX

    The cost of living is 13.2 below the U.S. average.

  • 14. Hattiesburg, MS

    The cost of living is 13.4% is below the U.S. average.

  • 15. Fayetteville, AK

    The cost of living is 16.9% below the U.S. average.

  • EXTRA: The cheapest states to buy a home in 2022

    Here are the cheapest states to buy a home in 2022 via WorldPopulationReview.com:

  • 1. Mississippi

    The median home value of is $114,500.

  • 2. West Virginia

    The median home value is $115,000.

  • 3. Arkansas

    The median home value is $123,300.

  • 4. Oklahoma

    The median home value is $130,900.

  • 5. Kentucky

    The median home value is $135,300.

  • 6. Indiana

    The median home value is $135,400.

  • 7. Alabama

    The median home value is $137,200.

  • 8. Ohio

    The median home value is $140,000.

  • 9. Iowa

    The median home value is $142,300.

  • 10. Kansas

    The median home value is $145,400.

Anne Erickson's love for music drew her into radio, and she started shortly after graduating from MSU. She has a passion for rock and metal, plus local music. She also fronts the band Upon Wings. Email Anne at erickson@WRIF.com, follow her on Instagram at @EricksonAnne and tweet at her @AnneErickson!