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Cheap Houses From Government Auctions: Houses Under $50K and the Government Auction Houses on the Wire (2026)

Cheap houses for sale is the most searched phrase that leads to government auctions, and the wire can answer it with numbers rather than a slogan. The rows below count every government and GSE home or sale on the board with a published figure under $50,000 and under $100,000, by state and seller, as of the date shown.

  • 69 rows under $50,000 and 260 under $100,000 on the free wire as of October 20, 2026, out of 1,655 priced rows.
  • Lowest published figure on the board: $5,000.
DateTypeSourceProperty (cheap houses)STPrice / bidRecord
2026-10-01REOHUD Home Store15905 Narrows TerMD$712,000verified
2026-10-01REOHUD Home Store118 Gilberts WayGA$265,000verified
2026-10-01REOHUD Home Store18048 N Desert Glen DrAZ$200,000verified
2026-10-01REOFreddie Mac HomeSteps (REO inventory)14779 Nn 16th Street BlancaCO—verified
2026-10-01REOVRM Properties (VA acquired / REO listing portal)2111 Denton Trce Green Cove SpringsFL—verified
2026-10-01REOHUD Home Store1616 Concordia StPA$75,000verified

cheap houses: 6 of 2,571 rows, October 20, 2026.

Where the cheap rows are

HUD Home Store carries most of them, in the Midwest and the South. IRS and Treasury minimum bids can be low because they are set from forced-sale appraisals, but a minimum is a floor, not a price.

What cheap really costs

Deposit, premium where charged, surviving liens, back taxes, repairs on an as-is home, eviction of an occupant, and for IRS sales a 180-day redemption before title is firm. The wire shows the first number; the notice and a title search show the rest.

Reading the list

Filter the wire to REO and a state, scan the price column, open the link. Rows with a dash have no published price and are not cheap or expensive until the seller says so.

Under $100K by seller

HUD Home Store 255; Freddie Mac HomeSteps (REO inventory) 0; IRS Real Property Auctions 0; VRM Properties (VA acquired / REO listing portal) 0; USMS Real Property (RPNC RealLook) 0; GSA Real Estate Sales 0; USDA Property Resales 0; Treasury Seized Real Property 5.

Under $100K by state

MI 38, IL 20, OH 18, AL 16, LA 16, TX 13, OK 13, MO 12, AR 12, PA 11, GA 10, KY 8, MD 6, TN 6, MS 6.

More cheap houses rows seen on the wire

2026-10-01: HUD Home Store listed 2608 Joseph Biggs Memoria Hwy, MD at $275,000. 2026-10-01: Freddie Mac HomeSteps (REO inventory) listed 740 Arledge Street Azle, TX. 2026-10-01: HUD Home Store listed 219 2nd St N, WV at $88,000. 2026-10-01: HUD Home Store listed 422 Wire Ave, KS at $119,000. 2026-10-01: HUD Home Store listed 3006 N Highway 421, KY at $56,000. 2026-10-01: HUD Home Store listed 1403 Fortune Hl, TX at $997,000.

cheap houses: questions

Are houses under $50K real?

Yes, mostly HUD homes in low-cost markets and seizure minimums. Condition and location explain the price.

Can I finance a cheap HUD home?

Often with FHA 203(k), which funds repairs; the listing's financing code says.

What are the newest cheap houses rows on the wire?

2026-10-01: HUD Home Store listed 15905 Narrows Ter, MD at $712,000. 2026-10-01: HUD Home Store listed 118 Gilberts Way, GA at $265,000. 2026-10-01: HUD Home Store listed 18048 N Desert Glen Dr, AZ at $200,000.

How many cheap houses rows carry a published figure?

For cheap houses, 1,655 of 2,571 rows show a figure, and 916 cheap houses rows show a dash.

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