The No. 1 most expensive state to buy a home in — it’s not New York or California

Prospective home buyers may want to steer clear of the Bay State if they don’t want their purchase to break the bank.

All the states were ranked for each of these metrics, and then researchers calculated their average ranking. This then determined the index value they were assigned on a scale from 0 to 100, with 100 being the cheapest. Massachusetts’ index came in at zero, while West Virginia was the most affordable state with a value of 100. Home prices were actually lower in Massachusetts than other notoriously expensive states such as California and Hawaii.

West Virginia, meanwhile, is a haven for house hunters looking for a bargain. The state not only had lowest median listing price in the country at $169,900, but also one of the lowest property tax rates at just 0.57%.

Classic! The State that started the Revolutionary War over a 2% effective taxation is the most expensive place to buy a home because of the tax rate! The British are grinning.

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