
Cities with the most expensive homes in the Kokomo metro area
Cities with the most expensive homes in the Kokomo 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 $365,887 in April, 0.7% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of May 15, the 30-year fixed mortgage rate sits at 6.81%.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 Kokomo metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 3 cities and towns with data available were included in the list.

#3. Kokomo, IN
- Typical home value: $173,064
- 1-year price change: +9.1%
- 5-year price change: +54.4%

#2. Greentown, IN
- Typical home value: $237,887
- 1-year price change: +8.2%
- 5-year price change: +48.4%

#1. Russiaville, IN
- Typical home value: $251,733
- 1-year price change: +8.0%
- 5-year price change: +47.8%