The cost of land that you are buying your home on

[Casey Penland]

If you’re purchasing a home, how much would the land cost play a factor in that? Obviously, when you’re buying a home you are buying the house and the property it sits on. Would it make a crazy impact on the purchase price if you did not have to pay for the land underneath the home?

I know this can vary per the location and the amount of land but just out of curiosity I am wondering if someone could give me some insight here? Is there a national average of what land usually costs the average homeowner when purchasing a property? Or a percentage of the total purchase price that land usually is?

Thanks for your help here!