Cities with the most expensive homes in the Sierra Vista metro area
Cities with the most expensive homes in the Sierra Vista 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, plays a huge role for buyers.
The typical home value in the United States was $361,371 in February, 0.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 19, the sits at 6.22%.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.
compiled a list of cities with the most expensive homes in the Sierra Vista metro area using data from . Charts show the monthly typical home value since January 2018. All 12 cities and towns with data available were included in the list.
#12. Douglas, AZ
- Typical home value: $169,813
- 1-year price change: +2.7%
- 5-year price change: +17.5%
#11. Mc Neal, AZ
- Typical home value: $186,860
- 1-year price change: -9.1%
- 5-year price change: -17.1%
#10. Pearce, AZ
- Typical home value: $196,627
- 1-year price change: -3.4%
- 5-year price change: +22.1%
#9. Elfrida, AZ
- Typical home value: $208,501
- 1-year price change: -4.2%
- 5-year price change: -0.6%
#8. Huachuca City, AZ
- Typical home value: $214,661
- 1-year price change: -0.2%
- 5-year price change: +24.1%
#7. Bisbee, AZ
- Typical home value: $227,733
- 1-year price change: -1.1%
- 5-year price change: +31.5%
#6. Tombstone, AZ
- Typical home value: $228,315
- 1-year price change: +1.1%
- 5-year price change: +15.7%
#5. Cochise, AZ
- Typical home value: $231,633
- 1-year price change: -0.2%
- 5-year price change: +19.0%
#4. Benson, AZ
- Typical home value: $249,102
- 1-year price change: +2.1%
- 5-year price change: +25.3%
#3. Sierra Vista, AZ
- Typical home value: $297,915
- 1-year price change: +2.3%
- 5-year price change: +30.7%
#2. Saint David, AZ
- Typical home value: $297,927
- 1-year price change: +1.2%
- 5-year price change: +24.3%
#1. Hereford, AZ
- Typical home value: $378,953
- 1-year price change: +1.3%
- 5-year price change: +26.6%