Real Estate

This Is The Cheapest Town In FL To Buy A House, Study Says

The average single-family home in this Florida town costs $87,664, according to Zillow.

GRETNA, FL — Could you live in Gretna, a fair-housing city in Florida?

Would your answer change if moving to Gretna meant you could shave tens of thousands of dollars off the price of a home?

The personal finance website GOBankingRates used data from the Zillow Home Value Index and U.S. Census Bureau population data to find the places in all 50 states where houses are a steal.

Find out what's happening in Across Floridafor free with the latest updates from Patch.

According to Zillow, the average single-family home in the United States is valued at about $367,711. Compare that to $87,664 in Gretna.

On Wednesday, a home with three bedrooms and two bathrooms was being sold for $155,000, according to Realtor.com.

Find out what's happening in Across Floridafor free with the latest updates from Patch.

The houses may be cheap, but what’s the community of Gretna like?

With a population of 1,405, Gretna sits in Florida’s Gadsden County and is part of the Tallahassee metro area. There are a host of hotel options for visitors, which Tripadvisor called “a mix of the charming, modern, and tried and true.”

Guests in Gretna can partake in poker, simulcast dog racing or horse racing at Creek Entertainment Gretna. They can also check out Painting with a Twist, a local paint and pottery studio that blends wine, art and fun.

When hunger strikes, visitors can venture out to Carol’s Country Cookin’, Gadsden Seafood, Laredo Grill or Taqueria Mirando - all in Quincy.
The smallest place on GOBanking Rates’ list is Brian Head, Utah. Originally known as Monument Peak, a town of 49 with a history rooted in exploration and logging. Also with populations under 100 are a pair of former mining towns often described as “living ghost towns”: Austin, Nevada, population 47, and Johannesburg, California, population 77.

Other specks on the map with populations under 500 include Bly, Oregon (population 123); Davidson, Oklahoma (159); Medicine Lake, Montana (190); Kitzmiller, Maryland (192); Lyon Mountain, New York (240); Drake North Dakota (245); Mystic, Iowa (257); Roxobel, North Carolina (347); Whiteface, Texas (390); Bowie, Arizona (399); Elmore, Minnesota (442); Pierce, Idaho (465); and Lind, Washington (491).

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