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 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: $152,478
- 1-year price change: +2.8%
- 5-year price change: +52.2%
Stacker
#7. Glennville, GA
- Typical home value: $185,539
- 1-year price change: +4.6%
- 5-year price change: +53.5%
Stacker
#6. Hinesville, GA
- Typical home value: $232,907
- 1-year price change: +4.0%
- 5-year price change: +69.6%
Stacker
#5. Allenhurst, GA
- Typical home value: $250,004
- 1-year price change: +4.3%
- 5-year price change: +61.0%
Stacker
#4. Fleming, GA
- Typical home value: $256,218
- 1-year price change: +3.7%
- 5-year price change: +51.1%
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Stacker
#3. Midway, GA
- Typical home value: $268,776
- 1-year price change: +6.2%
- 5-year price change: +72.6%
Stacker
#2. Ludowici, GA
- Typical home value: $286,606
- 1-year price change: +3.8%
- 5-year price change: +52.3%
Stacker
#1. Flemington, GA
- Typical home value: $301,695
- 1-year price change: +3.6%
- 5-year price change: +49.8%
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