Cities with the most expensive homes in the Hinesville metro area
Cities with the most expensive homes in the Hinesville 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 Hinesville 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. Riceboro, GA
- Typical home value: $131,478
- 1-year price change: +3.6%
- 5-year price change: +59.6%
#7. Glennville, GA
- Typical home value: $174,619
- 1-year price change: +8.2%
- 5-year price change: +55.9%
#6. Fleming, GA
- Typical home value: $219,805
- 1-year price change: +4.3%
- 5-year price change: +55.7%
#5. Hinesville, GA
- Typical home value: $221,428
- 1-year price change: +8.9%
- 5-year price change: +71.6%
#4. Allenhurst, GA
- Typical home value: $234,541
- 1-year price change: +7.4%
- 5-year price change: +62.4%
#3. Midway, GA
- Typical home value: $275,463
- 1-year price change: +9.7%
- 5-year price change: +69.5%
#2. Ludowici, GA
- Typical home value: $275,627
- 1-year price change: +5.5%
- 5-year price change: +55.2%
#1. Flemington, GA
- Typical home value: $301,948
- 1-year price change: +3.1%
- 5-year price change: +50.7%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.