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 $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 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: $239,082
- 1-year price change: +0.9%
- 5-year price change: +76.1%
#6. Inverness, FL
- Typical home value: $244,354
- 1-year price change: +2.3%
- 5-year price change: +77.0%
#5. Floral City, FL
- Typical home value: $268,302
- 1-year price change: +3.6%
- 5-year price change: +87.3%
#4. Crystal River, FL
- Typical home value: $285,877
- 1-year price change: +0.8%
- 5-year price change: +75.3%
#3. Homosassa, FL
- Typical home value: $316,846
- 1-year price change: +0.7%
- 5-year price change: +75.2%
#2. Lecanto, FL
- Typical home value: $333,562
- 1-year price change: +1.6%
- 5-year price change: +68.7%
#1. Hernando, FL
- Typical home value: $358,287
- 1-year price change: +2.2%
- 5-year price change: +67.9%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
