Cities with the most expensive homes in Brownsville metro area

Written by:
August 15, 2022
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Cities with the most expensive homes in Brownsville 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. Given the current state of the real estate market, housing affordability plays a determining role for buyers. As of August 11, 2022, the 30-year fixed mortgage rate sits at 5.42%. As a result of higher mortgage rates across the board, home prices have risen significantly. The typical home value in the United States increased over the last year by +19.8% to $354,165.

Although home prices have inflated all across the U.S., there are definitely certain areas that have a higher price tag than others. Location, size, age, and condition are all contributing factors to home value. Whether you choose to hold off your home-buying plans in hopes of the market cooling down or are looking to buy ASAP, it's good to educate yourself on the market in different cities.

Stacker compiled a list of cities with the most expensive homes in Brownsville using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of July 2022. The ZVHI represents a seasonally adjusted price for the middle market for all homes. Data was available for 30 cities and towns in Brownsville. Charts for each city show the monthly typical home value since January 2018.

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#30. Las Palmas-Juarez, TX

- Typical home value: $57,478
- 1-year price change: +20.5%
- 5-year price change: -2.1%

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#29. La Paloma, TX

- Typical home value: $78,279
- 1-year price change: -3.5%
- 5-year price change: data not available

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#28. Indian Lake, TX

- Typical home value: $85,676
- 1-year price change: +14.2%
- 5-year price change: +23.3%

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#27. Arroyo Colorado Estates Colonia, TX

- Typical home value: $98,294
- 1-year price change: +22.1%
- 5-year price change: +32.3%

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#26. San Pedro, TX

- Typical home value: $98,308
- 1-year price change: +8.7%
- 5-year price change: +31.0%

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#25. Santa Rosa, TX

- Typical home value: $104,581
- 1-year price change: +18.1%
- 5-year price change: +35.1%

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#24. Encantada-Ranchito El Calaboz, TX

- Typical home value: $111,475
- 1-year price change: +16.5%
- 5-year price change: +53.9%

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#23. Cameron Park, TX

- Typical home value: $115,113
- 1-year price change: +19.5%
- 5-year price change: +38.9%

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#22. Reid Hope King, TX

- Typical home value: $115,824
- 1-year price change: +13.4%
- 5-year price change: +41.4%

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#21. Los Indios, TX

- Typical home value: $119,513
- 1-year price change: +16.7%
- 5-year price change: +54.4%

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#20. La Feria, TX

- Typical home value: $122,947
- 1-year price change: +24.9%
- 5-year price change: +31.7%

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#19. South Point, TX

- Typical home value: $129,534
- 1-year price change: +5.2%
- 5-year price change: +36.5%

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#18. Green Valley Farms, TX

- Typical home value: $132,772
- 1-year price change: +28.1%
- 5-year price change: +50.2%

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#17. San Benito, TX

- Typical home value: $133,604
- 1-year price change: +24.9%
- 5-year price change: +55.3%

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#16. Olmito, TX

- Typical home value: $136,816
- 1-year price change: +19.0%
- 5-year price change: +55.6%

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#15. Laureles, TX

- Typical home value: $149,710
- 1-year price change: +36.3%
- 5-year price change: +92.2%

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#14. Villa Pancho, TX

- Typical home value: $150,088
- 1-year price change: +24.6%
- 5-year price change: +58.1%

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#13. Chula Vista-Orason, TX

- Typical home value: $158,812
- 1-year price change: +27.1%
- 5-year price change: +80.1%

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#12. Laguna Heights, TX

- Typical home value: $161,243
- 1-year price change: +24.8%
- 5-year price change: +79.5%

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#11. Combes, TX

- Typical home value: $162,329
- 1-year price change: +29.8%
- 5-year price change: +36.8%

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#10. Harlingen, TX

- Typical home value: $167,861
- 1-year price change: +19.8%
- 5-year price change: +43.1%

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#9. Brownsville, TX

- Typical home value: $168,791
- 1-year price change: +23.2%
- 5-year price change: +73.3%

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#8. Los Fresnos, TX

- Typical home value: $177,025
- 1-year price change: +27.3%
- 5-year price change: +73.6%

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#7. Rio Hondo, TX

- Typical home value: $183,659
- 1-year price change: +37.1%
- 5-year price change: +56.9%

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#6. Palm Valley, TX

- Typical home value: $245,203
- 1-year price change: +17.7%
- 5-year price change: +31.3%

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#5. Port Isabel, TX

- Typical home value: $265,306
- 1-year price change: +34.9%
- 5-year price change: +81.7%

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#4. Rancho Viejo, TX

- Typical home value: $297,149
- 1-year price change: +26.1%
- 5-year price change: +59.7%

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#3. Laguna Vista, TX

- Typical home value: $308,395
- 1-year price change: +33.3%
- 5-year price change: +57.4%

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#2. Bayview, TX

- Typical home value: $384,201
- 1-year price change: +22.2%
- 5-year price change: +47.4%

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#1. South Padre Island, TX

- Typical home value: $457,140
- 1-year price change: +39.2%
- 5-year price change: +58.0%

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