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Cities with the most expensive homes in the Lewiston metro area
Cities with the most expensive homes in the Lewiston 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 $356,776 in January, 2.6% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of February 20, the 30-year fixed mortgage rate sits at 6.85%.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 Lewiston 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. Winchester, ID
- Typical home value: $257,119
- 1-year price change: +2.7%
- 5-year price change: +57.5%
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#7. Clarkston, WA
- Typical home value: $330,027
- 1-year price change: +1.2%
- 5-year price change: +34.0%
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#6. Lewiston, ID
- Typical home value: $363,129
- 1-year price change: +3.9%
- 5-year price change: +61.5%
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#5. Culdesac, ID
- Typical home value: $374,218
- 1-year price change: +7.8%
- 5-year price change: +69.6%
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#4. Asotin, WA
- Typical home value: $374,945
- 1-year price change: +3.7%
- 5-year price change: +45.2%
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#3. Peck, ID
- Typical home value: $375,981
- 1-year price change: +6.7%
- 5-year price change: +71.4%
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#2. Lapwai, ID
- Typical home value: $378,897
- 1-year price change: +6.4%
- 5-year price change: +71.5%
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#1. Lenore, ID
- Typical home value: $428,083
- 1-year price change: +2.7%
- 5-year price change: +75.4%