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1 / 20#20. Homeland, FL
- Typical home value: $206,651
- 1-year price change: +0.9%
- 5-year price change: +20.5%
Cities with the most expensive homes in the Lakeland metro area
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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 Lakeland metro area using data from . Charts show the monthly typical home value since January 2018. All 20 cities and towns with data available were included in the list.
You may also like: Cities with the fastest-growing home prices in the Lakeland metro area
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2 / 20#19. Frostproof, FL
- Typical home value: $217,835
- 1-year price change: +0.6%
- 5-year price change: +22.7%
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3 / 20#18. Fort Meade, FL
- Typical home value: $227,905
- 1-year price change: -2.6%
- 5-year price change: +23.9%
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4 / 20#17. Babson Park, FL
- Typical home value: $228,637
- 1-year price change: -1.5%
- 5-year price change: +23.8%
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5 / 20#16. Lake Wales, FL
- Typical home value: $243,335
- 1-year price change: -2.3%
- 5-year price change: +22.5%
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6 / 20#15. Hillcrest Heights, FL
- Typical home value: $258,329
- 1-year price change: -0.0%
- 5-year price change: +19.5%
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7 / 20#14. Highland City, FL
- Typical home value: $262,244
- 1-year price change: -2.1%
- 5-year price change: +15.7%
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8 / 20#13. Dundee, FL
- Typical home value: $262,592
- 1-year price change: -4.2%
- 5-year price change: +15.1%
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9 / 20#12. Polk City, FL
- Typical home value: $262,619
- 1-year price change: -3.2%
- 5-year price change: +24.2%
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10 / 20#11. Winter Haven, FL
- Typical home value: $272,484
- 1-year price change: -2.7%
- 5-year price change: +16.2%
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11 / 20#10. Bartow, FL
- Typical home value: $278,494
- 1-year price change: -0.1%
- 5-year price change: +22.9%
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12 / 20#9. Eagle Lake, FL
- Typical home value: $279,304
- 1-year price change: -1.4%
- 5-year price change: +22.3%
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13 / 20#8. Mulberry, FL
- Typical home value: $284,262
- 1-year price change: -1.5%
- 5-year price change: +20.0%
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14 / 20#7. Lake Hamilton, FL
- Typical home value: $290,339
- 1-year price change: -2.2%
- 5-year price change: +20.4%
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15 / 20#6. Haines City, FL
- Typical home value: $293,072
- 1-year price change: -3.0%
- 5-year price change: +17.0%
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16 / 20#5. Auburndale, FL
- Typical home value: $302,746
- 1-year price change: -1.4%
- 5-year price change: +19.2%
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17 / 20#4. Lake Alfred, FL
- Typical home value: $306,257
- 1-year price change: -1.5%
- 5-year price change: +22.3%
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18 / 20#3. Lakeland, FL
- Typical home value: $309,954
- 1-year price change: -1.3%
- 5-year price change: +21.0%
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19 / 20#2. Davenport, FL
- Typical home value: $338,572
- 1-year price change: -3.6%
- 5-year price change: +16.3%
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20 / 20#1. Highland Park, FL
- Typical home value: $340,473
- 1-year price change: +1.3%
- 5-year price change: +25.2%
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