10 States Where You Can Get An Amazing Deal On Foreclosures

realty trac september foreclosure

Photo: RealtyTrac

Foreclosure filings fell 6% in September from the previous month, but are expected to ramp up again. But if you’re looking for a great deal, you can make massive savings on foreclosed homes. 

A new report from RealtyTrac lists states with the highest foreclosure savings. Daren Blomquist, director of marketing communications explains that it is a “discount” metric comparing the average sales price of foreclosures to the average sales price of no-foreclosures.”

#10 Delaware

Foreclosure savings: 41%

Average foreclosure sales price: $127,189

1 in every 753 housing units received a foreclosure filing in September 2011

#9 California

Foreclosure savings: 41%

Average foreclosure sales price: $227,754

1 in every 259 housing units received a foreclosure filing in September 2011

#8 Oklahoma

Foreclosure savings: 43%

Average foreclosure sales price: $88,618

1 in every 1,001 housing units received a foreclosure filing in September 2011

#7 New Hampshire

Foreclosure savings: 43%

Average foreclosure sales price: $134,791

1 in every 779 housing units received a foreclosure filing in September 2011

#6 Illinois

Foreclosure savings: 45%

Average foreclosure sales price: $129,688

1 in every 463 housing units received a foreclosure filing in September 2011

#5 District of Columbia

Foreclosure savings: 46%

Average foreclosure sales price: $287,498

1 in every 10,967 housing units received a foreclosure filing in September 2011

#4 Pennsylvania

Foreclosure savings: 46%

Average foreclosure sales price: $99,529

1 in every 1,869 housing units received a foreclosure filing in September 2011

#3 Wisconsin

Foreclosure savings: 48%

Average foreclosure sales price: $91,188

1 in every 581 housing units received a foreclosure filing in September 2011


#2 Connecticut

Foreclosure savings: 51%

Average foreclosure sales price: $203,182

1 in every 1,131 housing units received a foreclosure filing in September 2011

#1 Massachusetts

Foreclosure savings: 59%

Average foreclosure sales price: $163,180

1 in every 1,068 housing units received a foreclosure filing in September 2011

Now look at cities where you should buy a home...

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