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 $362,143 in August, 2.5% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 19, the 30-year fixed mortgage rate sits at 6.09%.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: $326,632
- 1-year price change: +5.9%
- 5-year price change: +59.6%
#8. Concrete, WA
- Typical home value: $410,703
- 1-year price change: +2.9%
- 5-year price change: +59.6%
#7. Lyman, WA
- Typical home value: $424,565
- 1-year price change: +2.5%
- 5-year price change: +55.6%
#6. La Conner, WA
- Typical home value: $474,487
- 1-year price change: +3.4%
- 5-year price change: +28.6%
#5. Sedro-Woolley, WA
- Typical home value: $476,638
- 1-year price change: +5.5%
- 5-year price change: +59.0%
#4. Burlington, WA
- Typical home value: $516,612
- 1-year price change: +4.5%
- 5-year price change: +55.4%
#3. Mount Vernon, WA
- Typical home value: $560,515
- 1-year price change: +4.1%
- 5-year price change: +52.3%
#2. Anacortes, WA
- Typical home value: $716,398
- 1-year price change: +2.2%
- 5-year price change: +49.9%
#1. Bow, WA
- Typical home value: $807,632
- 1-year price change: +3.7%
- 5-year price change: +57.6%