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1 / 7#7. Arp, TX
- Typical home value: $170,191
- 1-year price change: -2.3%
- 5-year price change: +7.6%
Cities with the most expensive homes in the Tyler 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 $372,057 in June, 1.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 16, the 30-year fixed mortgage rate sits at 6.55%.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 Tyler metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 7 cities and towns with data available were included in the list.
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2 / 7#6. Winona, TX
- Typical home value: $236,517
- 1-year price change: -1.1%
- 5-year price change: +15.2%
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3 / 7#5. Tyler, TX
- Typical home value: $255,430
- 1-year price change: -0.8%
- 5-year price change: +28.5%
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4 / 7#4. Mineola, TX
- Typical home value: $268,997
- 1-year price change: -1.8%
- 5-year price change: +19.0%
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5 / 7#3. Whitehouse, TX
- Typical home value: $290,533
- 1-year price change: -0.5%
- 5-year price change: +31.1%
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6 / 7#2. Lindale, TX
- Typical home value: $299,908
- 1-year price change: -2.6%
- 5-year price change: +27.0%
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7 / 7#1. Hideaway, TX
- Typical home value: $351,357
- 1-year price change: -0.9%
- 5-year price change: +32.2%
