Cities with the most expensive homes in the College Station metro area
Cities with the most expensive homes in the College Station 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 $360,385 in October, 2.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of November 14, the 30-year fixed mortgage rate sits at 6.78%.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 College Station 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.
#7. Hearne, TX
- Typical home value: $139,197
- 1-year price change: +0.5%
- 5-year price change: +0.4%
#6. Somerville, TX
- Typical home value: $193,744
- 1-year price change: -4.6%
- 5-year price change: +7.9%
#5. Navasota, TX
- Typical home value: $250,143
- 1-year price change: +2.9%
- 5-year price change: +39.1%
#4. Bryan, TX
- Typical home value: $263,890
- 1-year price change: +1.5%
- 5-year price change: +34.4%
#3. Caldwell, TX
- Typical home value: $268,639
- 1-year price change: -2.4%
- 5-year price change: +26.9%
#2. Franklin, TX
- Typical home value: $325,060
- 1-year price change: +1.6%
- 5-year price change: +18.4%
#1. College Station, TX
- Typical home value: $341,469
- 1-year price change: +1.8%
- 5-year price change: +32.1%