Cities with the most expensive homes in the Homosassa Springs metro area
Cities with the most expensive homes in the Homosassa Springs 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 $362,117 in October, 0.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of November 20, the 30-year fixed mortgage rate sits at 6.26%.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 Homosassa Springs metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 7 cities and towns with data available were included in the list.
#7. Beverly Hills, FL
- Typical home value: $234,402
- 1-year price change: -5.3%
- 5-year price change: +47.8%
#6. Inverness, FL
- Typical home value: $237,054
- 1-year price change: -5.1%
- 5-year price change: +50.1%
#5. Crystal River, FL
- Typical home value: $268,933
- 1-year price change: -7.9%
- 5-year price change: +44.5%
#4. Floral City, FL
- Typical home value: $269,645
- 1-year price change: -3.1%
- 5-year price change: +60.8%
#3. Homosassa, FL
- Typical home value: $304,227
- 1-year price change: -5.7%
- 5-year price change: +46.4%
#2. Lecanto, FL
- Typical home value: $334,656
- 1-year price change: -4.0%
- 5-year price change: +47.0%
#1. Hernando, FL
- Typical home value: $353,620
- 1-year price change: -4.3%
- 5-year price change: +44.5%