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
[ 30-year fixed mortgage rate ]
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 Brunswick metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 9 cities and towns with data available were included in the list.
Stacker
#9. Waynesville, GA
- Typical home value: $124,709
- 1-year price change: -7.6%
- 5-year price change: -2.0%
Stacker
#8. Nahunta, GA
- Typical home value: $141,216
- 1-year price change: -5.8%
- 5-year price change: +13.6%
Stacker
#7. Hortense, GA
- Typical home value: $146,643
- 1-year price change: -3.5%
- 5-year price change: +24.5%
Stacker
#6. Hoboken, GA
- Typical home value: $185,336
- 1-year price change: -1.2%
- 5-year price change: data not available
Stacker
#5. Brunswick, GA
- Typical home value: $249,790
- 1-year price change: -2.3%
- 5-year price change: +50.8%
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#4. Townsend, GA
- Typical home value: $259,560
- 1-year price change: -0.6%
- 5-year price change: +53.3%
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#3. Darien, GA
- Typical home value: $265,396
- 1-year price change: -1.6%
- 5-year price change: +58.7%
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#2. Saint Simons Island, GA
- Typical home value: $688,567
- 1-year price change: +1.6%
- 5-year price change: +60.9%
Stacker
#1. Sea Island, GA
- Typical home value: $4,219,048
- 1-year price change: -0.1%
- 5-year price change: +96.8%