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 $362,117 in October, 0.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of November 20, the
[ 30-year fixed mortgage rate ]
sits at 6.26%.
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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#8. Riceboro, GA
- Typical home value: $172,001
- 1-year price change: -3.9%
- 5-year price change: +32.4%
Stacker
#7. Glennville, GA
- Typical home value: $196,998
- 1-year price change: +0.4%
- 5-year price change: +43.0%
Stacker
#6. Hinesville, GA
- Typical home value: $236,987
- 1-year price change: +2.2%
- 5-year price change: +62.9%
Stacker
#5. Allenhurst, GA
- Typical home value: $258,894
- 1-year price change: +1.7%
- 5-year price change: +53.3%
Stacker
#4. Midway, GA
- Typical home value: $284,962
- 1-year price change: +2.5%
- 5-year price change: +66.2%
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#3. Ludowici, GA
- Typical home value: $285,664
- 1-year price change: +1.9%
- 5-year price change: +47.3%
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#2. Fleming, GA
- Typical home value: $293,443
- 1-year price change: +1.1%
- 5-year price change: +39.6%
Stacker
#1. Flemington, GA
- Typical home value: $311,992
- 1-year price change: +3.8%
- 5-year price change: +44.5%