Cities with the most expensive homes in the Vallejo metro area
Cities with the most expensive homes in the Vallejo metro area
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 $349,216 in February, 4.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 28, the 30-year fixed mortgage rate sits at 6.79%.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 Vallejo metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 7 cities and towns with data available were included in the list.
#7. Rio Vista, CA
- Typical home value: $470,584
- 1-year price change: -2.0%
- 5-year price change: +21.2%
#6. Vallejo, CA
- Typical home value: $537,207
- 1-year price change: +2.8%
- 5-year price change: +30.6%
#5. Suisun City, CA
- Typical home value: $538,866
- 1-year price change: +2.6%
- 5-year price change: +33.3%
#4. Dixon, CA
- Typical home value: $587,643
- 1-year price change: +2.6%
- 5-year price change: +30.2%
#3. Vacaville, CA
- Typical home value: $607,083
- 1-year price change: +2.2%
- 5-year price change: +30.4%
#2. Fairfield, CA
- Typical home value: $614,955
- 1-year price change: +2.9%
- 5-year price change: +33.5%
#1. Benicia, CA
- Typical home value: $810,189
- 1-year price change: +3.6%
- 5-year price change: +27.2%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
