Cities with the most expensive homes in the Mansfield metro area
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 $349,216 in February, 4.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 28, the 30-year fixed mortgage rate sits at 6.79%.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.
#9. Mansfield, OH
- Typical home value: $124,879
- 1-year price change: +8.8%
- 5-year price change: +67.8%
#8. Plymouth, OH
- Typical home value: $144,563
- 1-year price change: +3.9%
- 5-year price change: +43.1%
#7. Shelby, OH
- Typical home value: $159,479
- 1-year price change: +7.7%
- 5-year price change: +57.9%
#6. Ontario, OH
- Typical home value: $201,190
- 1-year price change: +6.5%
- 5-year price change: +58.9%
#5. Shiloh, OH
- Typical home value: $205,136
- 1-year price change: +4.4%
- 5-year price change: +53.6%
#4. Lexington, OH
- Typical home value: $206,033
- 1-year price change: +5.3%
- 5-year price change: +55.1%
#3. Lucas, OH
- Typical home value: $213,345
- 1-year price change: +7.7%
- 5-year price change: +55.7%
#2. Butler, OH
- Typical home value: $233,150
- 1-year price change: +8.9%
- 5-year price change: +56.4%
#1. Bellville, OH
- Typical home value: $239,946
- 1-year price change: +5.7%
- 5-year price change: +58.5%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
