Cities with the most expensive homes in the Lewiston metro area
Cities with the most expensive homes in the Lewiston 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 $355,696 in March, 4.6% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of May 2, the 30-year fixed mortgage rate sits at 7.22%.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 Lewiston 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. Winchester, ID
- Typical home value: $253,379
- 1-year price change: -0.3%
- 5-year price change: +65.8%
#7. Clarkston, WA
- Typical home value: $307,057
- 1-year price change: +3.0%
- 5-year price change: +42.4%
#6. Asotin, WA
- Typical home value: $346,060
- 1-year price change: +0.7%
- 5-year price change: +51.1%
#5. Lewiston, ID
- Typical home value: $363,904
- 1-year price change: +3.1%
- 5-year price change: +65.5%
#4. Culdesac, ID
- Typical home value: $374,776
- 1-year price change: -0.5%
- 5-year price change: +66.3%
#3. Peck, ID
- Typical home value: $377,479
- 1-year price change: +0.9%
- 5-year price change: +71.3%
#2. Lapwai, ID
- Typical home value: $378,489
- 1-year price change: -0.6%
- 5-year price change: +73.7%
#1. Lenore, ID
- Typical home value: $438,722
- 1-year price change: +1.6%
- 5-year price change: +83.0%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
