Cities with the most expensive homes in the The Villages metro area

·Stacker

ungvar // Shutterstock
ungvar // Shutterstock

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 $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the 30-year fixed mortgage rate sits at 6.95%.

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.

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#8. Coleman, FL

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#8. Coleman, FL

- Typical home value: $185,425
- 1-year price change: +7.7%
- 5-year price change: +8.6%

#7. Lake Panasoffkee, FL

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#7. Lake Panasoffkee, FL

- Typical home value: $209,055
- 1-year price change: -0.6%
- 5-year price change: +17.8%

#6. Center Hill, FL

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#6. Center Hill, FL

- Typical home value: $258,556
- 1-year price change: +4.1%
- 5-year price change: +20.7%

#5. Bushnell, FL

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#5. Bushnell, FL

- Typical home value: $296,697
- 1-year price change: +1.4%
- 5-year price change: +25.7%

#3. Webster, FL

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#3. Webster, FL

- Typical home value: $304,397
- 1-year price change: +1.6%
- 5-year price change: +24.2%

#2. Oxford, FL

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#2. Oxford, FL

- Typical home value: $353,893
- 1-year price change: -0.9%
- 5-year price change: +19.4%

#1. The Villages, FL

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#1. The Villages, FL

- Typical home value: $392,083
- 1-year price change: -1.1%
- 5-year price change: +18.4%