Cities with the most expensive homes in the Dalton metro area
Cities with the most expensive homes in the Dalton 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 $360,782 in November, 0.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of December 18, the 30-year fixed mortgage rate sits at 6.21%.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 Dalton 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. Cisco, GA
- Typical home value: $191,606
- 1-year price change: -6.5%
- 5-year price change: data not available
#7. Crandall, GA
- Typical home value: $216,137
- 1-year price change: -3.5%
- 5-year price change: +34.0%
#6. Dalton, GA
- Typical home value: $238,337
- 1-year price change: +3.5%
- 5-year price change: +50.6%
#5. Chatsworth, GA
- Typical home value: $239,786
- 1-year price change: -1.2%
- 5-year price change: +42.0%
#4. Tunnel Hill, GA
- Typical home value: $245,125
- 1-year price change: +1.3%
- 5-year price change: +46.9%
#3. Varnell, GA
- Typical home value: $262,246
- 1-year price change: +4.4%
- 5-year price change: +52.2%
#2. Cohutta, GA
- Typical home value: $273,289
- 1-year price change: +2.8%
- 5-year price change: +51.1%
#1. Rocky Face, GA
- Typical home value: $285,749
- 1-year price change: +2.5%
- 5-year price change: +43.0%