Cities with the most expensive homes in the Springfield, Ohio metro area

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October 22, 2024
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Cities with the most expensive homes in the Springfield, Ohio 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 Springfield, Ohio 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.

1 / 8
Stacker

#8. Park Layne, OH

- Typical home value: $165,893
- 1-year price change: +6.6%
- 5-year price change: +68.8%

2 / 8
Stacker

#7. Donnelsville, OH

- Typical home value: $176,086
- 1-year price change: +7.4%
- 5-year price change: +49.4%

3 / 8
Stacker

#6. Medway, OH

- Typical home value: $176,397
- 1-year price change: +6.2%
- 5-year price change: +62.2%

4 / 8
Stacker

#5. Springfield, OH

- Typical home value: $176,994
- 1-year price change: +8.0%
- 5-year price change: +64.1%

5 / 8
Stacker

#4. Enon, OH

- Typical home value: $226,368
- 1-year price change: +7.3%
- 5-year price change: +56.7%

6 / 8
Stacker

#3. New Carlisle, OH

- Typical home value: $233,207
- 1-year price change: +6.1%
- 5-year price change: +55.9%

7 / 8
Stacker

#2. South Charleston, OH

- Typical home value: $252,262
- 1-year price change: +6.6%
- 5-year price change: +58.9%

8 / 8
Stacker

#1. South Vienna, OH

- Typical home value: $292,516
- 1-year price change: +5.6%
- 5-year price change: +64.8%

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