I
f you're planning to buy or sell a home in Iowa, it's worth noting that the state has some of the lowest housing costs in the country. According to a recent analysis by GOBankingRates, Iowa ranks 7th overall for affordability, with a median listing price per square foot of $169 and a housing cost index of 75.

    This means that for every dollar spent on housing, Iowans pay about 25% less than the national average. To put this into perspective, a $100,000 budget could buy up to 592 square feet of property in Iowa.

    Here's how much space you can get in Iowa at different price points:

    * $200,000: approximately 1,183 square feet

    * $300,000: approximately 1,776 square feet

    * $400,000: approximately 2,368 square feet

    * $500,000: approximately 2,960 square feet

    It's worth noting that housing prices can vary across the state. For example, in Iowa City and Des Moines, the average price per square foot was $193 and $206, respectively.

    In comparison to other Midwest states, Iowa has the second-lowest priced cost per square foot, with Kansas coming in at $158. Here's a breakdown of the average price per square foot for each state in the region:

    * Kansas: $158

    * Iowa: $169

    * Indiana: $173

    * Michigan and Missouri: $176

    * Nebraska: $178

    * North Dakota: $179

    * Minnesota: $180

    * Illinois: $189

    * Ohio: $196

    * South Dakota: $201

    If you're looking for the most expensive states to buy a home, Hawaii tops the list with an average price per square foot of $678. Other pricey states include Massachusetts ($506), California ($468), and New York ($381).