Cities with the most expensive homes in the Hinesville metro area
Cities with the most expensive homes in the Hinesville 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 Hinesville 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. Riceboro, GA
- Typical home value: $137,429
- 1-year price change: +5.1%
- 5-year price change: +59.9%
#7. Glennville, GA
- Typical home value: $178,820
- 1-year price change: +8.2%
- 5-year price change: +55.6%
#6. Hinesville, GA
- Typical home value: $225,263
- 1-year price change: +8.9%
- 5-year price change: +71.9%
#5. Fleming, GA
- Typical home value: $226,499
- 1-year price change: +4.4%
- 5-year price change: +55.7%
#4. Allenhurst, GA
- Typical home value: $239,025
- 1-year price change: +7.5%
- 5-year price change: +63.0%
#3. Ludowici, GA
- Typical home value: $278,745
- 1-year price change: +5.3%
- 5-year price change: +55.1%
#2. Midway, GA
- Typical home value: $279,923
- 1-year price change: +9.8%
- 5-year price change: +70.0%
#1. Flemington, GA
- Typical home value: $304,405
- 1-year price change: +3.7%
- 5-year price change: +50.9%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
