
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 $357,377 in February, 2.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 20, the 30-year fixed mortgage rate sits at 6.67%.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. Park Layne, OH
- Typical home value: $166,470
- 1-year price change: +8.2%
- 5-year price change: +66.9%

#7. Donnelsville, OH
- Typical home value: $171,514
- 1-year price change: +10.2%
- 5-year price change: +49.9%

#6. Springfield, OH
- Typical home value: $174,102
- 1-year price change: +9.4%
- 5-year price change: +63.7%

#5. Medway, OH
- Typical home value: $174,591
- 1-year price change: +8.4%
- 5-year price change: +61.2%

#4. Enon, OH
- Typical home value: $226,352
- 1-year price change: +8.7%
- 5-year price change: +58.4%

#3. New Carlisle, OH
- Typical home value: $228,756
- 1-year price change: +8.2%
- 5-year price change: +54.9%

#2. South Charleston, OH
- Typical home value: $246,935
- 1-year price change: +7.8%
- 5-year price change: +57.9%

#1. South Vienna, OH
- Typical home value: $285,742
- 1-year price change: +6.3%
- 5-year price change: +64.5%