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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 $358,461 in December, 2.6% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of January 16, the 30-year fixed mortgage rate sits at 7.04%.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
- Typical home value: $174,782
- 1-year price change: -5.3%
- 5-year price change: +36.6%
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#7. Lake Panasoffkee, FL
- Typical home value: $209,180
- 1-year price change: -1.3%
- 5-year price change: +56.3%
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#6. Bushnell, FL
- Typical home value: $289,140
- 1-year price change: +1.8%
- 5-year price change: +54.0%
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#5. Wildwood, FL
- Typical home value: $291,964
- 1-year price change: -0.2%
- 5-year price change: +46.4%
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#4. Webster, FL
- Typical home value: $294,085
- 1-year price change: +2.1%
- 5-year price change: +58.4%
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#3. Center Hill, FL
- Typical home value: $323,436
- 1-year price change: -1.8%
- 5-year price change: +44.8%
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#2. Oxford, FL
- Typical home value: $359,582
- 1-year price change: +0.2%
- 5-year price change: +42.4%
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#1. The Villages, FL
- Typical home value: $404,286
- 1-year price change: -1.1%
- 5-year price change: +36.5%