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 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.
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Stacker
#8. Riceboro, GA
- Typical home value: $143,063
- 1-year price change: +4.0%
- 5-year price change: +54.6%
Stacker
#7. Glennville, GA
- Typical home value: $184,473
- 1-year price change: +5.5%
- 5-year price change: +54.5%
Stacker
#6. Hinesville, GA
- Typical home value: $232,406
- 1-year price change: +4.2%
- 5-year price change: +69.7%
Stacker
#5. Allenhurst, GA
- Typical home value: $249,821
- 1-year price change: +4.7%
- 5-year price change: +61.6%
Stacker
#4. Fleming, GA
- Typical home value: $255,782
- 1-year price change: +3.6%
- 5-year price change: +51.6%
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Stacker
#3. Midway, GA
- Typical home value: $268,271
- 1-year price change: +6.6%
- 5-year price change: +72.8%
Stacker
#2. Ludowici, GA
- Typical home value: $286,645
- 1-year price change: +4.3%
- 5-year price change: +53.3%
Stacker
#1. Flemington, GA
- Typical home value: $300,882
- 1-year price change: +3.7%
- 5-year price change: +49.8%