Cities with the most expensive homes in the The Villages metro area
Cities with the most expensive homes in the The Villages 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 The Villages metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 8 cities and towns with data available were included in the list.
#8. Coleman, FL
- Typical home value: $194,302
- 1-year price change: -3.4%
- 5-year price change: +68.4%
#7. Lake Panasoffkee, FL
- Typical home value: $209,017
- 1-year price change: +2.0%
- 5-year price change: +70.0%
#6. Bushnell, FL
- Typical home value: $284,103
- 1-year price change: +1.4%
- 5-year price change: +65.1%
#5. Webster, FL
- Typical home value: $288,134
- 1-year price change: +3.4%
- 5-year price change: +70.8%
#4. Wildwood, FL
- Typical home value: $313,967
- 1-year price change: +2.6%
- 5-year price change: +61.2%
#3. Center Hill, FL
- Typical home value: $324,159
- 1-year price change: -1.6%
- 5-year price change: +59.5%
#2. Oxford, FL
- Typical home value: $366,423
- 1-year price change: +1.2%
- 5-year price change: +46.2%
#1. The Villages, FL
- Typical home value: $410,804
- 1-year price change: -3.3%
- 5-year price change: +42.0%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
