Cities with the most expensive homes in the Mount Vernon metro area
Cities with the most expensive homes in the Mount Vernon 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 Mount Vernon metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 9 cities and towns with data available were included in the list.
#9. Marblemount, WA
- Typical home value: $297,300
- 1-year price change: -0.2%
- 5-year price change: +61.4%
#8. Concrete, WA
- Typical home value: $388,746
- 1-year price change: +1.0%
- 5-year price change: +64.6%
#7. Lyman, WA
- Typical home value: $404,402
- 1-year price change: +2.3%
- 5-year price change: +58.6%
#6. La Conner, WA
- Typical home value: $429,159
- 1-year price change: +0.1%
- 5-year price change: +21.3%
#5. Sedro-Woolley, WA
- Typical home value: $455,491
- 1-year price change: +4.3%
- 5-year price change: +58.8%
#4. Burlington, WA
- Typical home value: $496,735
- 1-year price change: +4.7%
- 5-year price change: +57.3%
#3. Mount Vernon, WA
- Typical home value: $541,211
- 1-year price change: +3.6%
- 5-year price change: +53.2%
#2. Anacortes, WA
- Typical home value: $693,620
- 1-year price change: +1.7%
- 5-year price change: +49.9%
#1. Bow, WA
- Typical home value: $771,927
- 1-year price change: +4.2%
- 5-year price change: +58.9%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
