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 $367,369 in June, 0.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 17, the
[ 30-year fixed mortgage rate ]
sits at 6.75%.
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: $168,165
- 1-year price change: -6.3%
- 5-year price change: +40.6%
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#7. Glennville, GA
- Typical home value: $192,400
- 1-year price change: -0.1%
- 5-year price change: +48.0%
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#6. Hinesville, GA
- Typical home value: $239,666
- 1-year price change: +3.0%
- 5-year price change: +68.3%
Stacker
#5. Allenhurst, GA
- Typical home value: $258,580
- 1-year price change: +2.7%
- 5-year price change: +58.9%
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#4. Midway, GA
- Typical home value: $288,100
- 1-year price change: +4.2%
- 5-year price change: +70.7%
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#3. Ludowici, GA
- Typical home value: $288,851
- 1-year price change: +2.6%
- 5-year price change: +50.9%
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#2. Fleming, GA
- Typical home value: $292,594
- 1-year price change: +0.4%
- 5-year price change: +46.0%
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#1. Flemington, GA
- Typical home value: $314,671
- 1-year price change: +4.0%
- 5-year price change: +49.1%