Comment by zdragnar

It is very regional. An older house on 5 acres (2 hectare / 20k square meters) could go for $300k. $500k could get you a really nice house. Picking a random rural area in a random midwest state found this beauty: https://www.landsearch.com/properties/16167-160th-st-letts-i...

The homes investors would look to pick up to flip and sell or rent would go in the $80-120 range in this area, I'd think.