Cities with the most expensive homes in the Victoria metro area
Cities with the most expensive homes in the Victoria 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 Victoria metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 5 cities and towns with data available were included in the list.
#5. Yoakum, TX
- Typical home value: $191,006
- 1-year price change: -1.5%
- 5-year price change: +34.4%
#4. Victoria, TX
- Typical home value: $211,446
- 1-year price change: +1.9%
- 5-year price change: +37.8%
#3. Goliad, TX
- Typical home value: $240,241
- 1-year price change: -0.1%
- 5-year price change: +4.1%
#2. Meyersville, TX
- Typical home value: $311,303
- 1-year price change: +6.3%
- 5-year price change: +35.7%
#1. Inez, TX
- Typical home value: $346,823
- 1-year price change: +3.7%
- 5-year price change: +37.2%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
