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
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 Hinesville 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.
Stacker
#8. Riceboro, GA
- Typical home value: $169,488
- 1-year price change: -7.3%
- 5-year price change: +38.4%
Stacker
#7. Glennville, GA
- Typical home value: $199,783
- 1-year price change: -1.2%
- 5-year price change: +45.5%
Stacker
#6. Hinesville, GA
- Typical home value: $237,219
- 1-year price change: +2.3%
- 5-year price change: +66.0%
Stacker
#5. Allenhurst, GA
- Typical home value: $258,761
- 1-year price change: +1.7%
- 5-year price change: +56.3%
Stacker
#4. Midway, GA
- Typical home value: $285,774
- 1-year price change: +3.0%
- 5-year price change: +68.4%
Stacker
#3. Ludowici, GA
- Typical home value: $289,199
- 1-year price change: +2.2%
- 5-year price change: +49.4%
Stacker
#2. Fleming, GA
- Typical home value: $289,907
- 1-year price change: -0.4%
- 5-year price change: +43.0%
Stacker
#1. Flemington, GA
- Typical home value: $311,584
- 1-year price change: +3.8%
- 5-year price change: +46.8%