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  • The 10 Cheapest Housing Markets

    1. Detroit, Mich. area.<a href="http://www.zillow.com/homedetails/4801-Eastlawn-St-Detroit-MI-48215/88668637_zpid/#{scid=hdp-site-map-list-photos}" target="external">This home (link)</a>: $12,000. Average price: $74,200. Foreclosures hit a 44 month low in July according to RealtyTrac, but foreclosures still plague states. Michigan had the 4th highest foreclosures in July: 10,894 filings.
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  • 10 Cheapest Homes

    Detroit, Mich. area. <a href="http://www.zillow.com/homedetails/18836-Chandler-Park-Dr-Grosse-Pointe-Farms-MI-48236/88097386_zpid/#{scid=hdp-site-map-list-address}" target="external">This home (link)</a>: $79, 900. Average price, according to Zillow.com: $74,200.
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  • The 10 Cheapest Housing Markets

    2. Ocala, Fla. area. <a href="http://www.zillow.com/homedetails/5674-SE-41st-St-Ocala-FL-34480/58332034_zpid/#{scid=hdp-site-map-list-address}" target="external">This home (link)</a>: $19,900. Average price, according to Zillow.com: $81,000. Florida was in the 10 states with the highest number of foreclosures in July, with 22,377 properties, down 6 percent from June.
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  • 10 Cheapest Homes

    Ocala, Fla. area. <a href="http://www.zillow.com/homedetails/9750-SW-97th-Pl-Ocala-FL-34481/45887202_zpid/#{scid=hdp-site-map-list-address}" target="external">This home (link)</a>: $80,000. Average price, from Zillow: $81,000. Though Florida is far from its real estate boom, foreclosure filings have decreased significantly since last year; foreclosure filings are down 57 percent from July 2010.
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  • 10 Cheapest Homes

    3. Mobile, Al. area. <a href="http://www.zillow.com/homedetails/808-Lynn-Ct-Mobile-AL-36695/50999898_zpid/#{scid=hdp-site-map-list-address}">This home (link)</a>: $89,500. Average price, according to Zillow.com: $89,100. The average home price in Alabama according to Zillow in June was $100,800.
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  • 10 Cheapest Homes

    4. Toledo, Ohio. area. <a href="http://www.zillow.com/homedetails/4316-Westway-St-Toledo-OH-43612/34649207_zpid/#{scid=hdp-site-map-list-address}" target="external">This home (link)</a>: $89,900. Average price, according to Zillow.com: $90,300. Ohio was also in RealtyTrac's list of 10 states with the highest foreclosure filings in July, with 8,376 properties.
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  • 10 Cheapest Homes

    5. Lakeland, Fla. area. <a href="http://www.zillow.com/homedetails/1738-Fox-Hill-Dr-Lakeland-FL-33810/47393613_zpid/#{scid=hdp-site-map-list-address}" target="external">This home (link)</a>: $85,000. Average price: $92,400. Florida's average home price in June according to Zillow was $124,400, down 5.6 percent from last year. This year's harsh hurricane season could affect the market.
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  • 10 Cheapest Homes

    6. Binghamton, N.Y. area. <a href="http://www.zillow.com/homedetails/128-Crestmont-Rd-Binghamton-NY-13905/29721415_zpid/#{scid=hdp-site-map-list-address}" target="external">This home (link)</a>: $89,800. Average price: $92,700. The city is 150 miles away from Manhattan's overpriced condos. But it can boast of Binghamton University SUNY, one of the best public universities in the Northeast.
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  • 10 Cheapest Homes

    7. Canton, Ohio. area. <a href="http://www.zillow.com/homedetails/914-Chapel-Rdg-NE-Canton-OH-44714/35213311_zpid/#{scid=hdp-site-map-list-address}" target="external">This home (link)</a>: $91,900. Average price, according to Zillow.com: $93,000. Buyers who love football could score with an affordable house in Canton, home of the Pro Football Hall of Fame.
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  • 10 Cheapest Homes

    8. Dayton, Ohio area. <a href="http://www.zillow.com/homedetails/1242-Arbor-Ave-Dayton-OH-45420/35084530_zpid/#{scid=hdp-site-map-list-address}" target="external">This home (link)</a>: $79,900. Average price: $93,700. According to Businessweek, Dayton was the 20th best place in the U.S. for college graduates to find a job in 2010. Houston was no. 1.
    Courtesy of zillow.com
  • 10 Cheapest Homes

    9. Rockford, Ill. area. <a href="http://www.zillow.com/homedetails/1324-29th-St-Rockford-IL-61108/5532761_zpid/#{scid=hdp-site-map-list-address}" target="external">This home (link)</a>: $84,900. Average price: $96,200. About 90 miles west of Chicago, the Rockford area has a population of 340,000. Illinois' foreclosures increased 20 percent in July from June to 10,627.
    Courtesy of zillow.com
  • 10 Cheapest Homes

    10. Pueblo, Colo. area. <a href="http://www.zillow.com/homedetails/5002-Thatcher-Ave-Pueblo-CO-81005/14034757_zpid/#{scid=hdp-site-map-list-address}" target="external">This home (link)</a>: $81,900. Average price: $96,600. Colorado is not known for its foreclosures. But Pueblo's schools may be known for possibly hitting the lowest state achievement category, according to the AP on Aug. 25, 2011.
    Courtesy of zillow.com
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