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Cities with the most expensive homes in the Bridgeport metro area

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4 PM production // Shutterstock
4 PM production // Shutterstock

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 $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

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 Bridgeport metro area using data from . Charts show the monthly typical home value since January 2018. All 23 cities and towns with data available were included in the list.

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#23. Bridgeport, CT

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#23. Bridgeport, CT

- Typical home value: $364,989
- 1-year price change: +4.5%
- 5-year price change: +41.2%

#22. Stratford, CT

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#22. Stratford, CT

- Typical home value: $470,098
- 1-year price change: +5.0%
- 5-year price change: +37.4%

#21. Danbury, CT

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#21. Danbury, CT

- Typical home value: $492,946
- 1-year price change: +4.4%
- 5-year price change: +36.1%

#20. Shelton, CT

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#20. Shelton, CT

- Typical home value: $565,911
- 1-year price change: +4.9%
- 5-year price change: +37.0%

#18. Brookfield, CT

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#18. Brookfield, CT

- Typical home value: $586,119
- 1-year price change: +5.0%
- 5-year price change: +32.4%

#17. New Fairfield, CT

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#17. New Fairfield, CT

- Typical home value: $609,059
- 1-year price change: +9.1%
- 5-year price change: +34.8%

#16. Monroe, CT

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#16. Monroe, CT

- Typical home value: $646,242
- 1-year price change: +8.8%
- 5-year price change: +39.0%

#15. Newtown, CT

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#15. Newtown, CT

- Typical home value: $664,021
- 1-year price change: +4.2%
- 5-year price change: +34.9%

#13. Trumbull, CT

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#13. Trumbull, CT

- Typical home value: $679,706
- 1-year price change: +5.1%
- 5-year price change: +36.8%

#12. Sherman, CT

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#12. Sherman, CT

- Typical home value: $716,751
- 1-year price change: +3.2%
- 5-year price change: +27.2%

#11. Stamford, CT

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#11. Stamford, CT

- Typical home value: $724,387
- 1-year price change: +7.7%
- 5-year price change: +39.1%

#10. Redding, CT

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#10. Redding, CT

- Typical home value: $882,261
- 1-year price change: +3.9%
- 5-year price change: +36.9%

#8. Fairfield, CT

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#8. Fairfield, CT

- Typical home value: $991,582
- 1-year price change: +8.4%
- 5-year price change: +43.4%

#7. Ridgefield, CT

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#7. Ridgefield, CT

- Typical home value: $1,013,835
- 1-year price change: +7.7%
- 5-year price change: +44.9%

#6. Wilton, CT

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#6. Wilton, CT

- Typical home value: $1,276,945
- 1-year price change: +8.1%
- 5-year price change: +46.9%

#5. Weston, CT

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#5. Weston, CT

- Typical home value: $1,399,512
- 1-year price change: +6.4%
- 5-year price change: +44.9%

#3. New Canaan, CT

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#3. New Canaan, CT

- Typical home value: $2,228,794
- 1-year price change: +13.1%
- 5-year price change: +56.7%

#2. Greenwich, CT

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#2. Greenwich, CT

- Typical home value: $2,376,620
- 1-year price change: +13.7%
- 5-year price change: +49.3%

#1. Darien, CT

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#1. Darien, CT

- Typical home value: $2,468,827
- 1-year price change: +13.7%
- 5-year price change: +60.6%