Cities with the most expensive homes in the Sebastian metro area
Cities with the most expensive homes in the Sebastian 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 $366,289 in May, 0.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of June 18, the 30-year fixed mortgage rate sits at 6.81%.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 Sebastian metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 4 cities and towns with data available were included in the list.

#4. Fellsmere, FL
- Typical home value: $236,198
- 1-year price change: -4.0%
- 5-year price change: +48.4%

#3. Sebastian, FL
- Typical home value: $350,438
- 1-year price change: -3.9%
- 5-year price change: +49.8%

#2. Vero Beach, FL
- Typical home value: $371,015
- 1-year price change: -4.8%
- 5-year price change: +50.7%

#1. Indian River Shores, FL
- Typical home value: $1,414,141
- 1-year price change: -3.8%
- 5-year price change: +77.5%