Cities with the most expensive homes in the Homosassa Springs metro area
Cities with the most expensive homes in the Homosassa Springs 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 $360,385 in October, 2.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of November 14, the 30-year fixed mortgage rate sits at 6.78%.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 Homosassa Springs 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. Beverly Hills, FL
- Typical home value: $238,202
- 1-year price change: -1.5%
- 5-year price change: +69.7%
#6. Inverness, FL
- Typical home value: $245,846
- 1-year price change: +0.5%
- 5-year price change: +73.6%
#5. Floral City, FL
- Typical home value: $278,240
- 1-year price change: +3.6%
- 5-year price change: +87.6%
#4. Crystal River, FL
- Typical home value: $291,025
- 1-year price change: +0.3%
- 5-year price change: +73.3%
#3. Homosassa, FL
- Typical home value: $319,672
- 1-year price change: -0.0%
- 5-year price change: +70.9%
#2. Lecanto, FL
- Typical home value: $339,242
- 1-year price change: +0.6%
- 5-year price change: +66.3%
#1. Hernando, FL
- Typical home value: $359,437
- 1-year price change: -0.1%
- 5-year price change: +63.8%