Cities with the most expensive homes in the Mansfield metro area
            Cities with the most expensive homes in the Mansfield 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 $364,891 in September, 0.0% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of October 16, the 30-year fixed mortgage rate sits at 6.27%.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 Mansfield metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 9 cities and towns with data available were included in the list.
 
  
            #9. Mansfield, OH
      
    - Typical home value: $148,045
- 1-year price change: +5.3%
- 5-year price change: +61.9%
 
  
            #8. Plymouth, OH
      
    - Typical home value: $168,286
- 1-year price change: +1.9%
- 5-year price change: +43.3%
 
  
            #7. Shelby, OH
      
    - Typical home value: $179,884
- 1-year price change: +5.5%
- 5-year price change: +53.7%
 
  
            #6. Shiloh, OH
      
    - Typical home value: $223,186
- 1-year price change: +2.8%
- 5-year price change: +42.9%
 
  
            #5. Ontario, OH
      
    - Typical home value: $231,701
- 1-year price change: +7.5%
- 5-year price change: +57.7%
 
  
            #4. Lexington, OH
      
    - Typical home value: $234,201
- 1-year price change: +7.2%
- 5-year price change: +54.8%
 
  
            #3. Lucas, OH
      
    - Typical home value: $248,270
- 1-year price change: +5.3%
- 5-year price change: +52.2%
 
  
            #2. Butler, OH
      
    - Typical home value: $259,921
- 1-year price change: +5.8%
- 5-year price change: +57.3%
 
  
            #1. Bellville, OH
      
    - Typical home value: $270,556
- 1-year price change: +4.0%
- 5-year price change: +52.6%
 
   
   
  