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 $365,545 in March, 0.8% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of April 16, the 30-year fixed mortgage rate sits at 6.3%.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: $236,212
- 1-year price change: -3.8%
- 5-year price change: +36.6%
#6. Inverness, FL
- Typical home value: $239,816
- 1-year price change: -3.0%
- 5-year price change: +39.3%
#5. Crystal River, FL
- Typical home value: $271,615
- 1-year price change: -5.1%
- 5-year price change: +31.6%
#4. Floral City, FL
- Typical home value: $272,999
- 1-year price change: +0.3%
- 5-year price change: +49.3%
#3. Homosassa, FL
- Typical home value: $305,955
- 1-year price change: -4.1%
- 5-year price change: +33.3%
#2. Lecanto, FL
- Typical home value: $336,009
- 1-year price change: -1.6%
- 5-year price change: +36.4%
#1. Hernando, FL
- Typical home value: $354,584
- 1-year price change: -2.2%
- 5-year price change: +34.0%