Cities with the most expensive homes in the Walla Walla metro area
Cities with the most expensive homes in the Walla Walla 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 $358,461 in December, 2.6% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of January 16, the 30-year fixed mortgage rate sits at 7.04%.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 Walla Walla metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 6 cities and towns with data available were included in the list.
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#6. Waitsburg, WA
- Typical home value: $366,103
- 1-year price change: +3.6%
- 5-year price change: +41.7%
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#5. College Place, WA
- Typical home value: $395,352
- 1-year price change: +1.7%
- 5-year price change: +38.5%
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#4. Walla Walla, WA
- Typical home value: $400,668
- 1-year price change: +2.8%
- 5-year price change: +50.1%
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#3. Prescott, WA
- Typical home value: $407,924
- 1-year price change: +8.7%
- 5-year price change: data not available
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#2. Burbank, WA
- Typical home value: $463,472
- 1-year price change: +4.3%
- 5-year price change: +57.4%
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#1. Touchet, WA
- Typical home value: $571,542
- 1-year price change: +4.9%
- 5-year price change: +64.0%