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 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.
Stacker
#8. Riceboro, GA
- Typical home value: $162,454
- 1-year price change: -7.1%
- 5-year price change: +39.7%
Stacker
#7. Glennville, GA
- Typical home value: $193,037
- 1-year price change: -0.9%
- 5-year price change: +46.8%
Stacker
#6. Hinesville, GA
- Typical home value: $237,688
- 1-year price change: +2.7%
- 5-year price change: +67.2%
Stacker
#5. Allenhurst, GA
- Typical home value: $256,146
- 1-year price change: +2.1%
- 5-year price change: +57.7%
Stacker
#4. Midway, GA
- Typical home value: $284,704
- 1-year price change: +3.6%
- 5-year price change: +69.8%
Stacker
#3. Ludowici, GA
- Typical home value: $286,664
- 1-year price change: +2.5%
- 5-year price change: +50.4%
Stacker
#2. Fleming, GA
- Typical home value: $290,421
- 1-year price change: -0.1%
- 5-year price change: +44.5%
Stacker
#1. Flemington, GA
- Typical home value: $314,545
- 1-year price change: +4.0%
- 5-year price change: +48.1%
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