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1 / 5#5. Taylorsville, IN
- Typical home value: $209,318
- 1-year price change: +5.4%
- 5-year price change: +46.0%
Cities with the most expensive homes in the Columbus, Indiana 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 $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 Columbus, Indiana metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 5 cities and towns with data available were included in the list.
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2 / 5#4. Hope, IN
- Typical home value: $256,286
- 1-year price change: +3.1%
- 5-year price change: +41.6%
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3 / 5#3. Columbus, IN
- Typical home value: $280,503
- 1-year price change: +2.3%
- 5-year price change: +28.5%
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4 / 5#2. Hartsville, IN
- Typical home value: $286,749
- 1-year price change: +5.6%
- 5-year price change: +39.2%
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5 / 5#1. Elizabethtown, IN
- Typical home value: $291,011
- 1-year price change: +5.8%
- 5-year price change: +36.5%
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