
Cities with the most expensive homes in the Springfield, Ohio metro area
Cities with the most expensive homes in the Springfield, Ohio 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 $363,946 in August, 0.0% lower than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 18, the 30-year fixed mortgage rate sits at 6.26%.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 Springfield, Ohio 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.

#8. Donnelsville, OH
- Typical home value: $172,544
- 1-year price change: +0.7%
- 5-year price change: +44.2%

#7. Park Layne, OH
- Typical home value: $173,974
- 1-year price change: +3.1%
- 5-year price change: +58.5%

#6. Medway, OH
- Typical home value: $181,290
- 1-year price change: +3.9%
- 5-year price change: +55.3%

#5. Springfield, OH
- Typical home value: $184,939
- 1-year price change: +4.9%
- 5-year price change: +59.9%

#4. Enon, OH
- Typical home value: $238,616
- 1-year price change: +5.8%
- 5-year price change: +57.7%

#3. New Carlisle, OH
- Typical home value: $244,189
- 1-year price change: +4.8%
- 5-year price change: +51.1%

#2. South Charleston, OH
- Typical home value: $261,446
- 1-year price change: +5.0%
- 5-year price change: +55.4%

#1. South Vienna, OH
- Typical home value: $301,650
- 1-year price change: +3.4%
- 5-year price change: +58.7%