Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $363,946 in August, 0.0% lower than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 18, the 30-year fixed mortgage rate sits at 6.26%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Anniston metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 9 cities and towns with data available were included in the list.
- Typical home value: $76,991
- 1-year price change: -9.6%
- 5-year price change: -5.7%
- Typical home value: $139,312
- 1-year price change: +1.0%
- 5-year price change: +27.5%
- Typical home value: $142,992
- 1-year price change: -0.8%
- 5-year price change: +20.9%
- Typical home value: $153,099
- 1-year price change: +3.5%
- 5-year price change: +25.3%
- Typical home value: $173,059
- 1-year price change: +2.4%
- 5-year price change: +34.7%
- Typical home value: $187,368
- 1-year price change: -2.6%
- 5-year price change: +8.2%
- Typical home value: $190,905
- 1-year price change: +2.3%
- 5-year price change: +30.7%
- Typical home value: $203,585
- 1-year price change: +2.3%
- 5-year price change: +33.2%
- Typical home value: $213,922
- 1-year price change: +3.8%
- 5-year price change: +29.6%
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