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 $356,776 in January, 2.6% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of February 20, the
sits at 6.85%.
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 7 cities and towns with data available were included in the list.
Stacker
#7. Crandall, GA
- Typical home value: $206,327
- 1-year price change: +6.7%
- 5-year price change: +51.9%
Stacker
#6. Tunnel Hill, GA
- Typical home value: $227,764
- 1-year price change: +4.4%
- 5-year price change: +54.2%
Stacker
#5. Dalton, GA
- Typical home value: $228,456
- 1-year price change: +5.0%
- 5-year price change: +56.7%
Stacker
#4. Chatsworth, GA
- Typical home value: $233,968
- 1-year price change: +5.7%
- 5-year price change: +55.5%
Stacker
#3. Varnell, GA
- Typical home value: $243,408
- 1-year price change: +6.3%
- 5-year price change: +56.6%
Stacker
#2. Cohutta, GA
- Typical home value: $261,987
- 1-year price change: +8.2%
- 5-year price change: +59.4%
Stacker
#1. Rocky Face, GA
- Typical home value: $276,843
- 1-year price change: +6.4%
- 5-year price change: +51.2%
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