Cities with the most expensive homes in the Homosassa Springs metro area
Cities with the most expensive homes in the Homosassa Springs 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 $355,696 in March, 4.6% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of May 2, the 30-year fixed mortgage rate sits at 7.22%.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 Homosassa Springs 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. Beverly Hills, FL
- Typical home value: $241,699
- 1-year price change: +1.1%
- 5-year price change: +75.9%
#6. Inverness, FL
- Typical home value: $248,075
- 1-year price change: +2.9%
- 5-year price change: +77.5%
#5. Floral City, FL
- Typical home value: $275,486
- 1-year price change: +4.3%
- 5-year price change: +88.8%
#4. Crystal River, FL
- Typical home value: $292,187
- 1-year price change: +1.6%
- 5-year price change: +75.8%
#3. Homosassa, FL
- Typical home value: $320,427
- 1-year price change: +1.3%
- 5-year price change: +74.9%
#2. Lecanto, FL
- Typical home value: $340,144
- 1-year price change: +2.1%
- 5-year price change: +68.9%
#1. Hernando, FL
- Typical home value: $363,502
- 1-year price change: +2.6%
- 5-year price change: +68.0%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
