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

Written by:
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 $360,999 in September, 2.4% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of October 17, the 30-year fixed mortgage rate sits at 6.44%.

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: $166,182
- 1-year price change: +7.1%
- 5-year price change: +70.1%

2 / 8
Stacker

#7. Springfield, OH

- Typical home value: $175,431
- 1-year price change: +8.6%
- 5-year price change: +64.3%

3 / 8
Stacker

#6. Donnelsville, OH

- Typical home value: $176,657
- 1-year price change: +7.5%
- 5-year price change: +50.0%

4 / 8
Stacker

#5. Medway, OH

- Typical home value: $177,829
- 1-year price change: +6.7%
- 5-year price change: +62.9%

5 / 8
Stacker

#4. Enon, OH

- Typical home value: $226,786
- 1-year price change: +7.8%
- 5-year price change: +56.9%

6 / 8
Stacker

#3. New Carlisle, OH

- Typical home value: $232,698
- 1-year price change: +6.1%
- 5-year price change: +56.9%

7 / 8
Stacker

#2. South Charleston, OH

- Typical home value: $251,415
- 1-year price change: +6.8%
- 5-year price change: +59.9%

8 / 8
Stacker

#1. South Vienna, OH

- Typical home value: $291,882
- 1-year price change: +5.7%
- 5-year price change: +65.4%

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