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 $359,741 in March, 1.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of April 17, the
sits at 6.83%.
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: $178,689
- 1-year price change: +2.1%
- 5-year price change: data not available
Stacker
#7. Crandall, GA
- Typical home value: $213,587
- 1-year price change: +6.2%
- 5-year price change: +49.9%
Stacker
#6. Tunnel Hill, GA
- Typical home value: $233,615
- 1-year price change: +3.8%
- 5-year price change: +53.8%
Stacker
#5. Dalton, GA
- Typical home value: $233,970
- 1-year price change: +4.4%
- 5-year price change: +56.8%
Stacker
#4. Chatsworth, GA
- Typical home value: $237,605
- 1-year price change: +5.1%
- 5-year price change: +55.3%
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Stacker
#3. Varnell, GA
- Typical home value: $250,523
- 1-year price change: +6.1%
- 5-year price change: +57.1%
Stacker
#2. Cohutta, GA
- Typical home value: $268,742
- 1-year price change: +9.0%
- 5-year price change: +60.2%
Stacker
#1. Rocky Face, GA
- Typical home value: $284,177
- 1-year price change: +5.9%
- 5-year price change: +51.5%
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