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 $360,385 in October, 2.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of November 14, the 30-year fixed mortgage rate sits at 6.78%.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: $184,965
- 1-year price change: -5.9%
- 5-year price change: +46.1%
#7. Lake Panasoffkee, FL
- Typical home value: $208,641
- 1-year price change: +0.3%
- 5-year price change: +61.5%
#6. Bushnell, FL
- Typical home value: $289,646
- 1-year price change: +1.6%
- 5-year price change: +58.8%
#5. Webster, FL
- Typical home value: $293,384
- 1-year price change: +2.7%
- 5-year price change: +63.9%
#4. Wildwood, FL
- Typical home value: $313,429
- 1-year price change: +0.5%
- 5-year price change: +50.5%
#3. Center Hill, FL
- Typical home value: $317,272
- 1-year price change: -2.6%
- 5-year price change: +48.5%
#2. Oxford, FL
- Typical home value: $362,029
- 1-year price change: +0.8%
- 5-year price change: +43.7%
#1. The Villages, FL
- Typical home value: $408,759
- 1-year price change: -1.7%
- 5-year price change: +37.8%