
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 $366,289 in May, 0.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of June 18, the 30-year fixed mortgage rate sits at 6.81%.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: $173,094
- 1-year price change: +4.4%
- 5-year price change: +61.5%

#7. Medway, OH
- Typical home value: $182,248
- 1-year price change: +5.3%
- 5-year price change: +58.0%

#6. Springfield, OH
- Typical home value: $183,219
- 1-year price change: +6.3%
- 5-year price change: +61.1%

#5. Donnelsville, OH
- Typical home value: $183,906
- 1-year price change: +4.4%
- 5-year price change: +48.8%

#4. Enon, OH
- Typical home value: $241,313
- 1-year price change: +6.7%
- 5-year price change: +59.3%

#3. New Carlisle, OH
- Typical home value: $244,606
- 1-year price change: +5.7%
- 5-year price change: +53.1%

#2. South Charleston, OH
- Typical home value: $261,989
- 1-year price change: +5.1%
- 5-year price change: +55.4%

#1. South Vienna, OH
- Typical home value: $299,757
- 1-year price change: +3.8%
- 5-year price change: +61.5%