Property Abroad
Blog
Houses in 30 states that can be bought for 1 dollar

Houses in 30 states that can be bought for 1 dollar

Houses in 30 states that can be bought for 1 dollar

In thirty states in the USA, houses are up for sale with a starting price of just 1 dollar. The Federal Reserve continues to raise interest rates, which affects mortgage loans and the ability to buy a home. It may take several months or even years to save up for a house, often requiring a significant down payment. However, in some cases, homes can be purchased for just 1 dollar.

Recently, a house in Michigan became popular on the internet after it was listed for sale for just $1 on the Zillow platform, although the property requires significant repairs. The description mentioned a hole in the floor and overgrown bushes. This house is not the only case in the U.S. where similar listings have such a low price. According to data from Realtor.com, there are also homes in 29 other states starting at a sale price of $1. Many of them are up for auction or are part of an estate sale. This means that the price can increase significantly, depending on the interest from bidders. Often, strict conditions apply at such auctions, such as a minimum initial deposit or cash-only sales. The exact final price after the bidding ends remains uncertain.

The publication Newsweek reached out via email to Realtor.com for a comment on this situation. The appearance of a house with a bankruptcy sign. Homes for $1 are available in 30 states, but most of them are part of online auction events.

Recommended real estate
Buy in USA for 5405800€

Sale flat in Brooklyn 5 907 369,00 $

3 Bedrooms

4 Bathrooms

235 м²

Rent in Georgia for 2200$

Rent flat in Tbilisi 2 200,00 $

1 Bedroom

1 Bathroom

80 м²

Buy in Georgia for 103000$

Sale flat in Tbilisi 103 000,00 $

1 Bedroom

1 Bathroom

59 м²

Buy in USA for 2200000€

Sale villa in Pietralunga 2 404 123,00 $

4 Bedrooms

1 Bathroom

474 м²

Buy in USA for 540000€

Sale townhouse in Novi Ligure 590 103,00 $

3 Bedrooms

3 Bathrooms

269 м²

Buy in USA for 2200000€

Sale villa in Sperlong 2 404 123,00 $

3 Bedrooms

3 Bathrooms

125 м²

Some of the listed homes may be in the process of bankruptcy.

List of houses for sale at 1 dollar

  • Alabama:A three-bedroom house with an area of 1,080 square feet in Oneonta was listed for sale this week with a starting price of $1.
  • Alaska:A seven-room house in Anchorage, described as "large and in need of repair," has also become the subject of an online auction.
  • Arizona:A one-bedroom property with one bathroom in Tucson has been put up for sale after the bankruptcy process.
  • Arkansas:A house in El Dorado, listed for a price of 1 dollar, is awaiting the end of the auction; it has an area of over 3,400 square feet on a 16-acre lot and contains four bedrooms and three and a half bathrooms.
  • Colorado:In Colorado, a three-bedroom, one-bathroom house is being auctioned with a starting price of $1.
  • Georgia:In Forsyte, a house in bankruptcy is being auctioned with a starting price of $1. It includes three bedrooms and two bathrooms, and there are no photos of its interior.
  • Hawaii:In Honolulu, a small one-bedroom apartment with two bathrooms was listed for $1. The description includes only one photo, showing a dimly lit room with a sliding glass door.
  • Idaho:In Idaho, there are also several homes with a starting price of $1. Although many sales are pending, one of the listings remains a four-bedroom house located in Kuna, which is still available for bidding.
  • Illinois:In O'Fallon, a house in foreclosure is available for $1 and is also up for auction. It can be purchased as-is, with no interior photos available.
  • Indiana:In Mooresville, a house is starting at a price of $1 as part of an auction. The house has three bedrooms, and the sale includes two lots with a total area of 2.9 acres.
  • Iowa:In Deventer, a three-room house with one bathroom is being offered for 1 dollar, however, the description states that "the listed price does not represent the final amount requested by the seller." Many houses listed for 1 dollar in the USA contain a similar warning.
  • Kansas:In Kansas, several houses and plots of land are also available starting at just 1 dollar, including a three-bedroom house in Inman with several interiors listed.
  • Kentucky:A five-bedroom house in Paduka was listed for $1 and features high ceilings, hardwood floors, and walk-in closets, although interior photos are not included.
  • Massachusetts:In Medford, a residential complex was listed for $1 and described as "a great investment opportunity."
  • Minnesota:Among several offers priced at $1 in Minnesota, there is an auction for a three-bedroom house with one bathroom in Maple Lake that has "space for pets."
  • Missouri:The auction taking place in Troy strictly prohibits any inspections and contact with the owners. The auction ended on Wednesday, and the house consists of three bedrooms and two bathrooms.
  • Nebraska:In Nebraska, two houses are being offered for $1, including a three-bedroom one in Kearney. However, the description states that unauthorized entry onto the property is prohibited, and violators will be "reported to law enforcement."
  • New Jersey:An apartment in New Brunswick is up for auction for $1 and offers three bedrooms and two bathrooms.
  • New Mexico:In New Mexico, several properties are also listed for $1, including a three-bedroom house with two bathrooms in Deming, but the description does not specify what pertains to the property itself or the auction details.
  • New York:This state also has several listings, including a two-story three-bedroom house in Albany that is being sold for $1 at auction. Additionally, the house includes an unfinished basement.
  • North Carolina:In Fayetteville, there is a house awaiting sale, listed for $1; it includes three bedrooms, one bathroom, and a fireplace.
  • Ohio:In Ohio, there are many properties available for just 1 dollar, including a huge 5,500 square foot house in Troy with four bedrooms. The listing describes the estate auction as a "once-in-a-lifetime opportunity."
  • Oklahoma:In Muldrow, a two-bedroom house on ten acres is listed for $1 as part of an "exciting auction opportunity" with "endless potential." The description includes photos of the facade, but there are no interior shots.
  • Rhode Island:In Rhode Island, three properties are also being offered for $1, including a four-bedroom, four-bathroom house in Pawtucket, but the description states that the property must be sold without prior viewing.
  • South Carolina:A 704-square-foot house on eight acres in Jamestown with two bedrooms and one bathroom is being offered for $1.
  • South Dakota:In this state, there are several offers for $1, one of which is a small yellow house in DeSmit with three bedrooms. The description states that it requires major repairs, and several interiors show significant damage.
  • Washington:A two-bedroom, two-bathroom house in Washington is listed for $1 as part of an auction.
  • West Virginia:In West Virginia, there are several listings for $1, including a brick house in Millwood with a 1.69-acre lot. This three-bedroom, two-bath property features a two-car garage and is described as "beautiful."
  • Wisconsin:In Wisconsin, there are also many properties available for just 1 dollar, including a three-bedroom house in Jefferson, located near a golf course. The house features hardwood floors and a kitchen-dining area.

Unusual facts

The Newsweek publication aims to challenge conventional wisdom and find connections in the search for common ground. This endeavor is based on data analysis and attempts to identify patterns that can help address current issues in the housing market and people's participation in it.

Comment