5 Most Underpriced Housing Markets in the U.S.

In this piece, we will take a look at the five most underpriced housing markets in the U.S. For more markets, head on over to 20 Most Underpriced Housing Markets in the U.S.

5. Iowa

Median Home Price: $161,700

Iowa is a midsized state with a population of just over three million people. It joined the Union in 1846 and the state often ranks low in lists of states with the cost of doing business. Iowa has a diversified manufacturing industry, with some of the largest consumer products, household appliances, industrial, and agricultural equipment manufacturing companies having their operations in the state. At the same time, Iowa also has large food and health insurance companies, and a strong agricultural economy as well.