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 $357,377 in February, 2.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 20, the
sits at 6.67%.
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 Dalton metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 8 cities and towns with data available were included in the list.
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Stacker
#8. Cisco, GA
- Typical home value: $175,469
- 1-year price change: +3.6%
- 5-year price change: data not available
Stacker
#7. Crandall, GA
- Typical home value: $213,262
- 1-year price change: +7.3%
- 5-year price change: +51.4%
Stacker
#6. Tunnel Hill, GA
- Typical home value: $228,958
- 1-year price change: +4.5%
- 5-year price change: +54.2%
Stacker
#5. Dalton, GA
- Typical home value: $229,188
- 1-year price change: +5.0%
- 5-year price change: +56.9%
Stacker
#4. Chatsworth, GA
- Typical home value: $235,855
- 1-year price change: +5.8%
- 5-year price change: +55.6%
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Stacker
#3. Varnell, GA
- Typical home value: $245,808
- 1-year price change: +6.6%
- 5-year price change: +57.0%
Stacker
#2. Cohutta, GA
- Typical home value: $262,512
- 1-year price change: +9.3%
- 5-year price change: +60.2%
Stacker
#1. Rocky Face, GA
- Typical home value: $278,349
- 1-year price change: +6.6%
- 5-year price change: +51.5%