Cities with the most expensive homes in the The Villages metro area
Cities with the most expensive homes in the The Villages 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 $359,078 in December, 0.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of January 15, the 30-year fixed mortgage rate sits at 6.06%.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 The Villages 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.
#8. Coleman, FL
- Typical home value: $173,936
- 1-year price change: -4.9%
- 5-year price change: +15.2%
#7. Lake Panasoffkee, FL
- Typical home value: $205,072
- 1-year price change: -4.0%
- 5-year price change: +32.6%
#6. Center Hill, FL
- Typical home value: $246,203
- 1-year price change: +0.2%
- 5-year price change: +31.0%
#5. Bushnell, FL
- Typical home value: $287,675
- 1-year price change: +0.8%
- 5-year price change: +40.5%
#4. Wildwood, FL
- Typical home value: $289,657
- 1-year price change: -2.7%
- 5-year price change: +32.7%
#3. Webster, FL
- Typical home value: $295,131
- 1-year price change: -2.2%
- 5-year price change: +37.0%
#2. Oxford, FL
- Typical home value: $351,923
- 1-year price change: -1.6%
- 5-year price change: +33.7%
#1. The Villages, FL
- Typical home value: $394,297
- 1-year price change: -2.2%
- 5-year price change: +27.7%