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 $367,965 in July, 0.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of August 21, the 30-year fixed mortgage rate sits at 6.58%.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: $176,108
- 1-year price change: +2.8%
- 5-year price change: +59.5%

#7. Donnelsville, OH
- Typical home value: $179,259
- 1-year price change: +1.5%
- 5-year price change: +46.5%

#6. Medway, OH
- Typical home value: $182,834
- 1-year price change: +3.7%
- 5-year price change: +56.2%

#5. Springfield, OH
- Typical home value: $187,200
- 1-year price change: +5.0%
- 5-year price change: +60.5%

#4. Enon, OH
- Typical home value: $242,212
- 1-year price change: +5.7%
- 5-year price change: +58.6%

#3. New Carlisle, OH
- Typical home value: $248,495
- 1-year price change: +4.7%
- 5-year price change: +52.3%

#2. South Charleston, OH
- Typical home value: $263,880
- 1-year price change: +4.5%
- 5-year price change: +55.6%

#1. South Vienna, OH
- Typical home value: $304,330
- 1-year price change: +3.2%
- 5-year price change: +59.8%