Before You Buy, Check Out Top 10 Foreclosure Discount States

March 4, 2011 — -- Here are the 10 states where foreclosed properties were offered at the biggest discount from market price during 2010, according to RealtyTrac.com.

1. Ohio, 43 percent discount

2. Kentucky, 40 percent discount

3. Tennessee, 35 percent discount

4. California, 35 percent discount

5. Pennsylvania, 35 percent discount

6. Illinois, 35 percent discount

7. New Jersey, 35 percent discount

8. Michigan, 35 percent discount

9. Georgia, 35 percent discount

10. Wisconsin, 35 percent discount

Even in states that don't make this list, there are some tremendous markdowns on houses that have been through foreclosure and are now bank-owned. Our friends at Zillow.com assembled a few dramatic examples from the different parts of the country for us. Check them out:

Northeast: Swoyersville, Penn.

Charming traditional home for sale for $52,000

45.5 percent below Zillow's "Zestimate" of its value

43.1 percent below Zillow's median home value for Swoyersville of $93,000