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 $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 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: $169,416
- 1-year price change: -8.5%
- 5-year price change: +14.2%
#7. Lake Panasoffkee, FL
- Typical home value: $203,535
- 1-year price change: -5.7%
- 5-year price change: +34.8%
#6. Center Hill, FL
- Typical home value: $248,909
- 1-year price change: -2.1%
- 5-year price change: +30.3%
#5. Bushnell, FL
- Typical home value: $287,895
- 1-year price change: -0.2%
- 5-year price change: +42.1%
#4. Webster, FL
- Typical home value: $294,068
- 1-year price change: -3.6%
- 5-year price change: +40.1%
#3. Wildwood, FL
- Typical home value: $294,224
- 1-year price change: -2.8%
- 5-year price change: +34.8%
#2. Oxford, FL
- Typical home value: $353,587
- 1-year price change: -1.7%
- 5-year price change: +35.6%
#1. The Villages, FL
- Typical home value: $396,578
- 1-year price change: -2.6%
- 5-year price change: +28.9%