Cities with the most expensive homes in the Dalton metro area
Cities with the most expensive homes in the Dalton 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 Dalton metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 7 cities and towns with data available were included in the list.
#7. Crandall, GA
- Typical home value: $197,399
- 1-year price change: +5.9%
- 5-year price change: +62.9%
#6. Tunnel Hill, GA
- Typical home value: $219,617
- 1-year price change: +9.4%
- 5-year price change: +62.3%
#5. Dalton, GA
- Typical home value: $221,073
- 1-year price change: +8.6%
- 5-year price change: +60.2%
#4. Chatsworth, GA
- Typical home value: $222,645
- 1-year price change: +6.6%
- 5-year price change: +63.8%
#3. Varnell, GA
- Typical home value: $234,759
- 1-year price change: +7.1%
- 5-year price change: +57.6%
#2. Cohutta, GA
- Typical home value: $246,631
- 1-year price change: +8.3%
- 5-year price change: +59.0%
#1. Rocky Face, GA
- Typical home value: $263,970
- 1-year price change: +6.0%
- 5-year price change: +54.2%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
