Cities with the most expensive homes in the Walla Walla metro area
Cities with the most expensive homes in the Walla Walla 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 $360,974 in June, 3.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of Aug. 22, the 30-year fixed mortgage rate sits at 6.46%.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 Walla Walla metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 6 cities and towns with data available were included in the list.
#6. Waitsburg, WA
- Typical home value: $376,966
- 1-year price change: +1.6%
- 5-year price change: +43.4%
#5. Prescott, WA
- Typical home value: $401,509
- 1-year price change: +5.5%
- 5-year price change: data not available
#4. College Place, WA
- Typical home value: $402,287
- 1-year price change: +1.4%
- 5-year price change: +40.1%
#3. Walla Walla, WA
- Typical home value: $413,006
- 1-year price change: +1.4%
- 5-year price change: +53.9%
#2. Burbank, WA
- Typical home value: $472,934
- 1-year price change: +3.2%
- 5-year price change: +61.3%
#1. Touchet, WA
- Typical home value: $569,532
- 1-year price change: +2.9%
- 5-year price change: +65.0%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.