Cities with the most expensive homes in the Gainesville, Georgia metro area

Written by:
October 22, 2024
Arina P Habich // Shutterstock

Cities with the most expensive homes in the Gainesville, Georgia 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 $360,999 in September, 2.4% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of October 17, the 30-year fixed mortgage rate sits at 6.44%.

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 Gainesville, Georgia 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.

1 / 7
Stacker

#7. Gillsville, GA

- Typical home value: $310,556
- 1-year price change: +5.7%
- 5-year price change: +84.9%

2 / 7
Stacker

#6. Oakwood, GA

- Typical home value: $313,252
- 1-year price change: +4.3%
- 5-year price change: +70.7%

3 / 7
Stacker

#5. Lula, GA

- Typical home value: $315,292
- 1-year price change: +4.2%
- 5-year price change: +80.4%

4 / 7
Stacker

#4. Gainesville, GA

- Typical home value: $364,708
- 1-year price change: +4.4%
- 5-year price change: +68.4%

5 / 7
Stacker

#3. Murrayville, GA

- Typical home value: $370,311
- 1-year price change: +6.2%
- 5-year price change: +69.0%

6 / 7
Stacker

#2. Clermont, GA

- Typical home value: $399,976
- 1-year price change: +7.2%
- 5-year price change: +77.3%

7 / 7
Stacker

#1. Flowery Branch, GA

- Typical home value: $425,765
- 1-year price change: +3.4%
- 5-year price change: +63.4%

Trending Now