Cities with the most expensive homes in the Tallahassee metro area
Cities with the most expensive homes in the Tallahassee 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 Tallahassee metro area using data from . Charts show the monthly typical home value since January 2018. All 11 cities and towns with data available were included in the list.
#11. Gretna, FL
- Typical home value: $81,785
- 1-year price change: -11.0%
- 5-year price change: +12.9%
#10. Chattahoochee, FL
- Typical home value: $109,564
- 1-year price change: -16.9%
- 5-year price change: +25.9%
#9. Quincy, FL
- Typical home value: $166,234
- 1-year price change: -4.8%
- 5-year price change: +41.0%
#8. Lamont, FL
- Typical home value: $194,104
- 1-year price change: -0.6%
- 5-year price change: +39.9%
#7. Sopchoppy, FL
- Typical home value: $239,006
- 1-year price change: -3.2%
- 5-year price change: +33.9%
#6. Midway, FL
- Typical home value: $247,809
- 1-year price change: -3.4%
- 5-year price change: +40.2%
#5. Havana, FL
- Typical home value: $262,809
- 1-year price change: -3.7%
- 5-year price change: +34.6%
#4. Crawfordville, FL
- Typical home value: $284,528
- 1-year price change: -0.8%
- 5-year price change: +34.3%
#3. Tallahassee, FL
- Typical home value: $286,955
- 1-year price change: -0.3%
- 5-year price change: +26.2%
#2. Monticello, FL
- Typical home value: $301,054
- 1-year price change: +0.9%
- 5-year price change: +42.8%
#1. Panacea, FL
- Typical home value: $379,410
- 1-year price change: -3.8%
- 5-year price change: +40.4%