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 $359,402 in April, 4.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of May 23, the 30-year fixed mortgage rate sits at 6.94%.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: $263,754
- 1-year price change: -0.5%
- 5-year price change: +65.7%
#7. Clarkston, WA
- Typical home value: $316,435
- 1-year price change: +2.7%
- 5-year price change: +41.6%
#6. Asotin, WA
- Typical home value: $359,862
- 1-year price change: +0.8%
- 5-year price change: +50.6%
#5. Lewiston, ID
- Typical home value: $365,282
- 1-year price change: +3.3%
- 5-year price change: +65.4%
#4. Peck, ID
- Typical home value: $381,815
- 1-year price change: +1.5%
- 5-year price change: +71.3%
#3. Lapwai, ID
- Typical home value: $383,485
- 1-year price change: -0.2%
- 5-year price change: +73.4%
#2. Culdesac, ID
- Typical home value: $388,435
- 1-year price change: +0.0%
- 5-year price change: +66.5%
#1. Lenore, ID
- Typical home value: $442,941
- 1-year price change: +2.1%
- 5-year price change: +82.5%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
