Cities with the most expensive homes in the Manhattan metro area
Cities with the most expensive homes in the Manhattan 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 a record $351,423 in August, 1.3% higher than the year before. High mortgage rates are also making monthly payments more expensive; as of Sept. 21, the 30-year fixed mortgage rate sits at 7.19%.
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 Manhattan metro area using data from Zillow. Charts show the monthly typical home value since January 2018.
#15. Onaga, KS
- Typical home value: $91,205
- 1-year price change: +12.4%
- 5-year price change: +98.8%
#14. Dwight, KS
- Typical home value: $120,900
- 1-year price change: -3.3%
- 5-year price change: +44.4%
#13. Ogden, KS
- Typical home value: $133,645
- 1-year price change: +0.6%
- 5-year price change: +20.3%
#12. Junction City, KS
- Typical home value: $171,162
- 1-year price change: -1.8%
- 5-year price change: +27.4%
#11. Leonardville, KS
- Typical home value: $177,285
- 1-year price change: -1.6%
- 5-year price change: +35.7%
#10. Riley, KS
- Typical home value: $180,982
- 1-year price change: +0.8%
- 5-year price change: +31.7%
#9. Belvue, KS
- Typical home value: $225,251
- 1-year price change: -0.8%
- 5-year price change: +55.4%
#8. Westmoreland, KS
- Typical home value: $227,663
- 1-year price change: -0.6%
- 5-year price change: +47.8%
#7. Randolph, KS
- Typical home value: $233,378
- 1-year price change: -0.7%
- 5-year price change: +43.9%
#6. Saint Marys, KS
- Typical home value: $241,257
- 1-year price change: +3.7%
- 5-year price change: +48.2%
#5. Olsburg, KS
- Typical home value: $244,745
- 1-year price change: -1.4%
- 5-year price change: +44.7%
#4. Manhattan, KS
- Typical home value: $256,810
- 1-year price change: +2.7%
- 5-year price change: +25.4%
#3. Wamego, KS
- Typical home value: $259,102
- 1-year price change: +1.9%
- 5-year price change: +31.2%
#2. Milford, KS
- Typical home value: $284,363
- 1-year price change: -1.5%
- 5-year price change: +32.2%
#1. Saint George, KS
- Typical home value: $335,113
- 1-year price change: +0.8%
- 5-year price change: +35.7%
This story features data reporting and writing by Elena Cox, and is part of a series utilizing data automation across 379 metros.
