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.
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But with home prices reaching record heights, affordability plays a huge role for buyers. The typical home value in the United States was $360,999 in September, 2.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of Oct. 17, the 30-year fixed mortgage rate sits at 6.44%.
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 The Villages 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. Coleman, FL
- Typical home value: $184,774
- 1-year price change: -6.4%
- 5-year price change: +49.2%
Stacker
#7. Lake Panasoffkee, FL
- Typical home value: $209,673
- 1-year price change: +0.8%
- 5-year price change: +63.0%
Stacker
#6. Bushnell, FL
- Typical home value: $291,569
- 1-year price change: +1.8%
- 5-year price change: +60.5%
Stacker
#5. Webster, FL
- Typical home value: $297,481
- 1-year price change: +3.0%
- 5-year price change: +66.1%
Stacker
#4. Wildwood, FL
- Typical home value: $314,796
- 1-year price change: +1.2%
- 5-year price change: +52.3%
You may also like: People from these metros are looking to buy homes in The Villages
Stacker
#3. Center Hill, FL
- Typical home value: $324,656
- 1-year price change: -2.6%
- 5-year price change: +49.5%
Stacker
#2. Oxford, FL
- Typical home value: $361,418
- 1-year price change: +1.1%
- 5-year price change: +44.1%
Stacker
#1. The Villages, FL
- Typical home value: $409,101
- 1-year price change: -2.1%
- 5-year price change: +38.6%