Cities with the most expensive homes in the North Port metro area
Cities with the most expensive homes in the North Port 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 a record $351,423 in August, 1.3% higher than the year before. High mortgage rates are also making monthly payments more expensive; as of Sept. 21, the 30-year fixed mortgage rate sits at 7.19%.
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 North Port metro area using data from Zillow. Charts show the monthly typical home value since January 2018.
#19. North Port, FL
- Typical home value: $357,344
- 1-year price change: -4.6%
- 5-year price change: +77.7%
#18. Bradenton, FL
- Typical home value: $389,334
- 1-year price change: -0.4%
- 5-year price change: +75.2%
#17. Englewood, FL
- Typical home value: $392,991
- 1-year price change: -5.0%
- 5-year price change: +75.3%
#16. Palmetto, FL
- Typical home value: $395,008
- 1-year price change: -3.0%
- 5-year price change: +70.8%
#15. Ellenton, FL
- Typical home value: $441,062
- 1-year price change: -3.8%
- 5-year price change: +71.8%
#14. Venice, FL
- Typical home value: $450,146
- 1-year price change: -2.8%
- 5-year price change: +72.6%
#13. Sarasota, FL
- Typical home value: $462,158
- 1-year price change: -1.1%
- 5-year price change: +72.2%
#12. Parrish, FL
- Typical home value: $486,117
- 1-year price change: -5.0%
- 5-year price change: +72.7%
#11. Nokomis, FL
- Typical home value: $577,976
- 1-year price change: -2.5%
- 5-year price change: +75.5%
#10. Myakka City, FL
- Typical home value: $630,367
- 1-year price change: -4.1%
- 5-year price change: +82.4%
#9. Lakewood Ranch, FL
- Typical home value: $668,764
- 1-year price change: -4.7%
- 5-year price change: +78.7%
#8. Osprey, FL
- Typical home value: $739,296
- 1-year price change: -2.2%
- 5-year price change: +76.5%
#7. Bradenton Beach, FL
- Typical home value: $762,960
- 1-year price change: -9.3%
- 5-year price change: +68.7%
#6. Cortez, FL
- Typical home value: $797,374
- 1-year price change: -3.9%
- 5-year price change: +63.5%
#5. Terra Ceia, FL
- Typical home value: $813,341
- 1-year price change: -5.7%
- 5-year price change: +87.1%
#4. Siesta Key, FL
- Typical home value: $967,934
- 1-year price change: -3.7%
- 5-year price change: +59.0%
#3. Longboat Key, FL
- Typical home value: $1,104,296
- 1-year price change: -6.7%
- 5-year price change: +68.2%
#2. Holmes Beach, FL
- Typical home value: $1,144,637
- 1-year price change: -12.2%
- 5-year price change: +86.1%
#1. Anna Maria, FL
- Typical home value: $2,171,235
- 1-year price change: -13.2%
- 5-year price change: +124.6%
This story features data reporting and writing by Elena Cox, and is part of a series utilizing data automation across 379 metros.
