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The 12 Cheapest Places to Buy a House in America

Do you really want to live in Buffalo, under eight feet of snow? The most affordable places to live in the U.S. are not the ritziest.

Looking for a cheap place to buy a house? There's always Buffalo, one of the markets with the cheapest homes in the U.S., but there's a catch -- you could be buried under eight feet of snow. 

You should consider it, since Buffalo clocks in at No. 6 on this list of the most affordable places to buy a home in America, according to Coldwell Banker's annual Home Listing Report. The report analyzed data for more than 1,900 real estate markets nationwide, specifically taking a look at listing prices for more than 51,000 similar-sized four-bedroom, two-bathroom homes.

Check out the 12 most affordable markets in the U.S.

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12. Parma/Parma Heights, Ohio

Parma, Ohio is a mere 10 miles from Cleveland, which happens to be Coldwell Banker's most affordable area to buy a home. The average price for a four-bedroom, two-bathroom home in Parma is $110,103.

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11. Zion, Ill.

Roughly 130 miles to the Wisconsin border, Zion, Ill., sits on Lake Michigan to the north of Chicago. The average price for a four-bedroom, two-bathroom home in Zion is $107,276.

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10. Utica, N.Y.

Utica, N.Y., is approximately 55 miles to the east of Syracuse, N.Y. The average price for a four-bedroom, two-bathroom home in Utica is $107,211.

9. Cheektowaga, N.Y.

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A suburb of Buffalo, Cheektowaga, N.Y., sits just 10 miles northeast of the snowy city. The average price for a four-bedroom, two-bathroom home in Cheektowaga is $101,475.

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8. Augusta, Ga.

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Augusta, Ga. is 145 miles to the east of Atlanta. The average price for a four-bedroom, two-bathroom home in Augusta is $98,233.


7. Waukegan, Ill.

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Waukegan, Ill., is located roughly 40 miles to the north of Chicago, also sitting on Lake Michigan. The average price for a four-bedroom, two-bathroom home in Waukegan is $98,226.
6. Buffalo, N.Y.

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The average price for a four-bedroom, two-bathroom home in Buffalo is $97,288.

5. Lithonia, Ga.

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Lithonia, Ga. is 19 miles to the east of Atlanta. The average price for a four-bedroom, two-bathroom home in Augusta is $94,076.

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4. Lake Wales, Fla.

Lake Wales, Fla., is located 54 miles south of Orlando. The average price for a four-bedroom, two bathroom home in Lake Wales is $82,330.

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3. Park Forest, Ill.

Park Forest, Ill., is located 35 miles south of Chicago. The average price for a four-bedroom, two bathroom home in Park Forest is $75,647.
2. Riverdale, Ga.

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Riverdale, Ga., is a suburb of Atlanta, located just 13 miles outside the city. The average price for a four-bedroom, two bathroom home in Riverdale is $68,207.

1. Cleveland, Ohio

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And the most affordable area on Coldwell Banker's list is Cleveland. The average price for a four-bedroom, two bathroom home in Cleveland is $64,993.