Cities with the most expensive homes in the Naples metro area
Cities with the most expensive homes in the Naples 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 $360,999 in September, 2.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of October 17, the 30-year fixed mortgage rate sits at 6.44%.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 Naples metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 5 cities and towns with data available were included in the list.
#5. Immokalee, FL
- Typical home value: $257,670
- 1-year price change: -5.5%
- 5-year price change: +51.7%
#4. Everglades, FL
- Typical home value: $302,685
- 1-year price change: -7.9%
- 5-year price change: +55.2%
#3. Goodland, FL
- Typical home value: $491,324
- 1-year price change: +6.4%
- 5-year price change: +80.4%
#2. Naples, FL
- Typical home value: $585,468
- 1-year price change: -1.4%
- 5-year price change: +71.8%
#1. Marco Island, FL
- Typical home value: $901,353
- 1-year price change: -2.7%
- 5-year price change: +68.6%