Cities with the most expensive homes in the Mount Vernon metro area
Cities with the most expensive homes in the Mount Vernon 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 Mount Vernon metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 9 cities and towns with data available were included in the list.
#9. Marblemount, WA
- Typical home value: $320,173
- 1-year price change: +6.8%
- 5-year price change: +57.3%
#8. Concrete, WA
- Typical home value: $408,411
- 1-year price change: +3.0%
- 5-year price change: +55.3%
#7. Lyman, WA
- Typical home value: $418,613
- 1-year price change: +2.3%
- 5-year price change: +51.8%
#6. Sedro-Woolley, WA
- Typical home value: $475,375
- 1-year price change: +5.6%
- 5-year price change: +57.4%
#5. La Conner, WA
- Typical home value: $486,456
- 1-year price change: +4.7%
- 5-year price change: +29.7%
#4. Burlington, WA
- Typical home value: $516,516
- 1-year price change: +4.8%
- 5-year price change: +54.5%
#3. Mount Vernon, WA
- Typical home value: $560,592
- 1-year price change: +4.3%
- 5-year price change: +51.9%
#2. Anacortes, WA
- Typical home value: $711,588
- 1-year price change: +2.6%
- 5-year price change: +49.3%
#1. Bow, WA
- Typical home value: $804,833
- 1-year price change: +3.8%
- 5-year price change: +56.8%