The Most Affordable Place To Buy A Home In Illinois

As home prices continue to rise across the country, there is one city in Illinois where real estate remains the most affordable.

According to a list compiled by GOBankingRates, the most affordable place to buy a home in all of Illinois is Decatur. Decatur is home to 71,309 people. The average cost of a home in Decatur is 76,910. Following closely behind Decatur with the most affordable homes in Illinois is Galesburg, Peoria, Pekin, and Rock Island.

Here is what GOBankingRates had to say about compiling the data to discover the most affordable locations to buy a home across the country:

"The typical home value in the United States is about $327,000. Depending on the home, the state, the neighborhood, and the market, however, that amount can vary widely. Every state is home to at least a handful of places where buyers can expect to scoop up a house on the cheap. To find the least expensive places to buy a home, GOBankingRates used data from Zillow and the U.S. Census Bureau to analyze every significant city in all 50 states and chose three to five places in each locale where houses are a steal."

For more information regarding the most affordable places to live in America visit gobankingrates.com.