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 $362,143 in August, 2.5% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 19, the 30-year fixed mortgage rate sits at 6.09%.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: $258,589
- 1-year price change: -5.1%
- 5-year price change: +53.1%
#4. Everglades, FL
- Typical home value: $301,557
- 1-year price change: -7.4%
- 5-year price change: +58.2%
#3. Goodland, FL
- Typical home value: $486,304
- 1-year price change: +6.8%
- 5-year price change: +81.4%
#2. Naples, FL
- Typical home value: $589,261
- 1-year price change: -0.6%
- 5-year price change: +72.7%
#1. Marco Island, FL
- Typical home value: $896,427
- 1-year price change: -2.3%
- 5-year price change: +69.0%