
Cities with the most expensive homes in the Gainesville, Georgia metro area
Cities with the most expensive homes in the Gainesville, Georgia 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 $365,887 in April, 0.7% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of May 15, the 30-year fixed mortgage rate sits at 6.81%.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 Gainesville, Georgia metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 7 cities and towns with data available were included in the list.

#7. Gillsville, GA
- Typical home value: $323,430
- 1-year price change: +2.2%
- 5-year price change: +76.0%

#6. Oakwood, GA
- Typical home value: $324,511
- 1-year price change: +0.4%
- 5-year price change: +62.2%

#5. Lula, GA
- Typical home value: $324,789
- 1-year price change: +2.1%
- 5-year price change: +72.5%

#4. Gainesville, GA
- Typical home value: $373,962
- 1-year price change: +0.9%
- 5-year price change: +61.0%

#3. Murrayville, GA
- Typical home value: $382,668
- 1-year price change: +3.0%
- 5-year price change: +60.9%

#2. Clermont, GA
- Typical home value: $402,867
- 1-year price change: +3.6%
- 5-year price change: +73.2%

#1. Flowery Branch, GA
- Typical home value: $437,168
- 1-year price change: +0.6%
- 5-year price change: +58.4%