Cities with the most expensive homes in the The Villages metro area
Cities with the most expensive homes in the The Villages 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 The Villages metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 8 cities and towns with data available were included in the list.
#8. Coleman, FL
- Typical home value: $189,806
- 1-year price change: -2.7%
- 5-year price change: +69.5%
#7. Lake Panasoffkee, FL
- Typical home value: $205,112
- 1-year price change: +2.6%
- 5-year price change: +74.0%
#6. Bushnell, FL
- Typical home value: $279,780
- 1-year price change: +1.0%
- 5-year price change: +65.9%
#5. Webster, FL
- Typical home value: $283,128
- 1-year price change: +2.7%
- 5-year price change: +71.5%
#4. Wildwood, FL
- Typical home value: $309,935
- 1-year price change: +2.2%
- 5-year price change: +62.0%
#3. Center Hill, FL
- Typical home value: $318,479
- 1-year price change: -0.9%
- 5-year price change: +62.7%
#2. Oxford, FL
- Typical home value: $361,714
- 1-year price change: +0.4%
- 5-year price change: +46.7%
#1. The Villages, FL
- Typical home value: $407,528
- 1-year price change: -3.5%
- 5-year price change: +42.6%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
