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 $360,999 in September, 2.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of October 17, the 30-year fixed mortgage rate sits at 6.44%.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: $315,494
- 1-year price change: +6.5%
- 5-year price change: +58.6%
#8. Concrete, WA
- Typical home value: $411,595
- 1-year price change: +2.8%
- 5-year price change: +57.4%
#7. Lyman, WA
- Typical home value: $423,904
- 1-year price change: +2.3%
- 5-year price change: +54.0%
#6. Sedro-Woolley, WA
- Typical home value: $477,845
- 1-year price change: +5.4%
- 5-year price change: +58.3%
#5. La Conner, WA
- Typical home value: $490,309
- 1-year price change: +3.4%
- 5-year price change: +28.8%
#4. Burlington, WA
- Typical home value: $522,316
- 1-year price change: +4.6%
- 5-year price change: +54.9%
#3. Mount Vernon, WA
- Typical home value: $564,862
- 1-year price change: +4.1%
- 5-year price change: +52.1%
#2. Anacortes, WA
- Typical home value: $719,671
- 1-year price change: +2.3%
- 5-year price change: +49.6%
#1. Bow, WA
- Typical home value: $815,573
- 1-year price change: +3.6%
- 5-year price change: +57.4%