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 $367,965 in July, 0.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of August 21, the
sits at 6.58%.
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.
Stacker
#8. Cisco, GA
- Typical home value: $199,756
- 1-year price change: -6.2%
- 5-year price change: data not available
Stacker
#7. Crandall, GA
- Typical home value: $229,737
- 1-year price change: -2.2%
- 5-year price change: +42.6%
Stacker
#6. Dalton, GA
- Typical home value: $241,151
- 1-year price change: +3.9%
- 5-year price change: +58.2%
Stacker
#5. Tunnel Hill, GA
- Typical home value: $246,822
- 1-year price change: +1.7%
- 5-year price change: +54.6%
Stacker
#4. Chatsworth, GA
- Typical home value: $249,770
- 1-year price change: +0.2%
- 5-year price change: +50.2%
Stacker
#3. Varnell, GA
- Typical home value: $263,820
- 1-year price change: +5.1%
- 5-year price change: +59.0%
Stacker
#2. Cohutta, GA
- Typical home value: $278,266
- 1-year price change: +5.3%
- 5-year price change: +59.8%
Stacker
#1. Rocky Face, GA
- Typical home value: $289,137
- 1-year price change: +3.6%
- 5-year price change: +52.2%
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