Three houses under $30,000 on the Market Right Now!
Don’t just live vicariously through others who are taking the leap, betting on themselves, and investing to revive a cheap old house! Our ULTRA-CHEAP eNewsletter is your weekly reminder that there are countless old houses across the country that can be purchased for less than the price of a new car — $25,000 and below!
Enjoy this sample of three of the most exciting properties featured in our latest ULTRA-CHEAP eNewsletter. There were 13 more — a baker’s dozen! — where these came from. You don’t want to miss your chance at scooping the deal of a lifetime!
(These properties featured in Cheap Old Houses ULTRA-CHEAP eNews the week of May 5, 2025)
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Want Your Own Cheap Old House?
Subscribe for thousands of houses we don’t show anywhere else, delivered directly to your inbox.
We scour new cheap old houses listings daily, coast to coast and abroad. We hand pick the most beautiful of the bunch and share them in our four weekly eNewsletters: Cheap Old Farmhouses, Ultra Cheap Houses, Cheap(ish) Old Houses + Cheap Houses Abroad.
$30,000 | Oil City, PA
Oil City is a treasure trove!
Check out this 3 story Victorian overlooking the Allegheny River. Huge rooms, high ceilings, and old charm. Home is in need of TLC but has so much potential to bring this back to it original glory. If you are looking for a project home this, is it! Being sold as is, cash only. View the full listing.
$19,900 | Jamestown,NY
Hello, beautiful diamond window!
Find yourself captivated by over 1,600 square feet of possibility at 23 Norwood Ave! With a little love, this home could be restored to accentuate its true charm! The wood floors, textured glass windows and unique ceiling add to its character. Featuring 3 large bedrooms, a formal Dining Room, two Living areas and a full Attic, there’s no shortage of space! Enjoy the outdoors on the covered front porch or from the deck in your private back yard. All offers are due on May 15th. View the full listing.
$28,500 | Meredosia,IL
Neat little log cabin!
A very unique piece of property! This log cabin was dismantled, labeled and moved to its current location. There is a kitchen and bath attached to the rear of the cabin. The upstairs is one large, open room. The 12×34 portable building is included with the log cabin. Authentic log walls and plank floors throughout. Lots of potential! View the full listing.
Sick of $1M Houses?
Here’s How We Bought One for $27K Instead—And You Can Too
The median home price in 233 U.S. cities just hit $1 million. But here’s the thing: We just bought a house for $27,000. No, that’s not a typo. And not only that—we’re restoring it and turning it into a home for a family member. Here’s how you can break free from the madness and build something real in a small town, too.
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Step 1: Change Your Definition of “Desirable”
You don’t need granite countertops and a Trader Joe’s next door to have a meaningful, beautiful life. What if you traded a million-dollar mortgage for a charming fixer-upper, a slower pace, and a real sense of community? That’s exactly what we did. The house? $27K. The sense of possibility? Priceless.
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Step 2: Open Your Map—and Zoom Out
Get curious. Look beyond the big cities and into the small towns you’ve never heard of. Look at county tax sales. Talk to local realtors. Subscribe to newsletters like ours that spotlight the forgotten-but-fabulous corners of America. There are hidden gems (and yes, Ultra Cheap Old Houses) waiting for someone like you to find them.
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Step 3: Start Small, Dream Big
We didn’t start with a trust fund—we started with a $27,000 house and a ton of vision. Restoration can be done in phases. You don’t need to finish it all at once. With the right construction loan or DIY grit, you can turn something rundown into something remarkable, piece by piece. But if you do need some extra help check out this list of banks that do construction loans to get you going.
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Step 4: Build Equity Instead of Burn It
That $27K house? After restoration, it’s projected to appraise at $250,000. That’s real wealth, not imaginary equity from a market that might shift tomorrow. Small town homes often appreciate as local economies grow—especially when people like you invest in them.
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Step 5: Be the Movement
You’re not just buying a house—you’re revitalizing a neighborhood. You’re voting with your dollars for affordability, history, and sustainability. And honestly? It feels damn good to buck the $1M trend and say, “Yeah, I did it differently.”
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Final Note:
This is your sign. You can own a home. You can build a future. And it doesn’t have to cost a million dollars. If you’re ready to start your own journey, come along with us—we’re sharing the all the details. If you are worried about using a bank that accepts a construction loan for fixer-uppers, check out this post.
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