Yes, absolutely. Though many houses could still be considered for raw materials for building from.
Depending on the location, many smaller rural areas tend to make so- offers for the first acre
then even smaller amounts for each acre after that when dividing up something like say, a farm land.
This is heavily dependent on the neighborhood and area. There are plenty of places in my area where a house and lot(1/4 -1/8 acre) of land can be purchased for 10,000 dollars. The neighborhoods though are quite dangerous, the house would need incredible amounts of repair and rehab and generally.
There also another city more north of me where an entire block was basically cleared to make way for the grounds and parking arrangements for a big casino. There are rumors the very last house(still standing 7 years later AFTER the casino was built) was offered 400+ thousand dollars where the house and small parcel would probably be assessed at less than 100K.If you are looking for the actual value on the parcel
, the house and the land in general, this is considered public record and you can actual view it by just asking your town hall and finding out what the assessed value was on the house, property/parcel of land or whatever else was included. You can also view taxes on the property tax as well as the numbers it previously sold for. Generally its worth what similar houses and properties are worth, but in many cases single family houses are worth more than something like a single family house converted to apartments..from an assessor standpoint in certain areas. There are areas where it literally is exactly the opposite.
Otherwise the land literally is only worth what someone(a developer vs a land purchaser) is will to pay for it. Which in the case of a HUGE casino, could be 4-5 what its actually worth via an assessor. I would recommend actually getting the tax information as well as seeing what everything was assessed at and when
to get a better idea of perceived and actual value.
Let me know if this helped. Thank you for the great question