Cities with the most expensive homes in the Lewiston metro area

·Stacker

scarp577 // Shutterstock
scarp577 // 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 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

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#8. Winchester, ID

- Typical home value: $303,309
- 1-year price change: +6.2%
- 5-year price change: +14.7%

#7. Clarkston, WA

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#7. Clarkston, WA

- Typical home value: $346,964
- 1-year price change: +2.1%
- 5-year price change: +12.5%

#6. Asotin, WA

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#6. Asotin, WA

- Typical home value: $377,221
- 1-year price change: -0.7%
- 5-year price change: +16.9%

#5. Culdesac, ID

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#5. Culdesac, ID

- Typical home value: $386,981
- 1-year price change: +4.0%
- 5-year price change: +25.0%

#3. Lapwai, ID

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#3. Lapwai, ID

- Typical home value: $408,126
- 1-year price change: +5.8%
- 5-year price change: +21.2%

#2. Peck, ID

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#2. Peck, ID

- Typical home value: $426,404
- 1-year price change: +2.8%
- 5-year price change: +23.5%

#1. Lenore, ID

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#1. Lenore, ID

- Typical home value: $462,051
- 1-year price change: +3.3%
- 5-year price change: +22.7%