Cities with the most expensive homes in the Mansfield metro area

Written by:
October 22, 2024
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Cities with the most expensive homes in the Mansfield 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 $360,385 in October, 2.4% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of November 14, the 30-year fixed mortgage rate sits at 6.78%.

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 Mansfield metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 9 cities and towns with data available were included in the list.

1 / 9
Stacker

#9. Mansfield, OH

- Typical home value: $138,946
- 1-year price change: +8.9%
- 5-year price change: +68.7%

2 / 9
Stacker

#8. Plymouth, OH

- Typical home value: $157,129
- 1-year price change: +6.9%
- 5-year price change: +51.2%

3 / 9
Stacker

#7. Shelby, OH

- Typical home value: $172,542
- 1-year price change: +7.1%
- 5-year price change: +60.4%

4 / 9
Stacker

#6. Ontario, OH

- Typical home value: $217,452
- 1-year price change: +6.6%
- 5-year price change: +58.5%

5 / 9
Stacker

#5. Shiloh, OH

- Typical home value: $218,944
- 1-year price change: +5.3%
- 5-year price change: +52.7%

6 / 9
Stacker

#4. Lexington, OH

- Typical home value: $219,255
- 1-year price change: +5.5%
- 5-year price change: +54.6%

7 / 9
Stacker

#3. Lucas, OH

- Typical home value: $232,271
- 1-year price change: +7.2%
- 5-year price change: +56.9%

8 / 9
Stacker

#2. Butler, OH

- Typical home value: $251,779
- 1-year price change: +8.3%
- 5-year price change: +60.8%

9 / 9
Stacker

#1. Bellville, OH

- Typical home value: $260,673
- 1-year price change: +7.0%
- 5-year price change: +62.9%

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