Cities with the most expensive homes in the Lewiston metro area
Cities with the most expensive homes in the Lewiston 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 $349,216 in February, 4.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 28, the 30-year fixed mortgage rate sits at 6.79%.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 Lewiston 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. Winchester, ID
- Typical home value: $252,411
- 1-year price change: -0.7%
- 5-year price change: +65.8%
#7. Clarkston, WA
- Typical home value: $303,055
- 1-year price change: +2.9%
- 5-year price change: +42.9%
#6. Asotin, WA
- Typical home value: $341,927
- 1-year price change: +0.6%
- 5-year price change: +52.0%
#5. Lewiston, ID
- Typical home value: $355,844
- 1-year price change: +2.7%
- 5-year price change: +65.2%
#4. Culdesac, ID
- Typical home value: $370,392
- 1-year price change: -0.9%
- 5-year price change: +66.0%
#3. Lapwai, ID
- Typical home value: $373,596
- 1-year price change: -1.1%
- 5-year price change: +74.1%
#2. Peck, ID
- Typical home value: $375,713
- 1-year price change: +0.0%
- 5-year price change: +70.6%
#1. Lenore, ID
- Typical home value: $430,649
- 1-year price change: +0.8%
- 5-year price change: +84.0%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
