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 $372,057 in June, 1.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 16, the sits at 6.55%.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: $91,218
- 1-year price change: +1.3%
- 5-year price change: +7.8%
#10. Chattahoochee, FL
- Typical home value: $119,603
- 1-year price change: -6.4%
- 5-year price change: +18.8%
#9. Quincy, FL
- Typical home value: $178,169
- 1-year price change: -0.7%
- 5-year price change: +35.9%
#8. Lamont, FL
- Typical home value: $206,978
- 1-year price change: +4.3%
- 5-year price change: +32.6%
#7. Midway, FL
- Typical home value: $253,391
- 1-year price change: -2.2%
- 5-year price change: +32.9%
#6. Sopchoppy, FL
- Typical home value: $253,612
- 1-year price change: +0.1%
- 5-year price change: +26.4%
#5. Havana, FL
- Typical home value: $272,198
- 1-year price change: -1.5%
- 5-year price change: +29.4%
#4. Crawfordville, FL
- Typical home value: $293,486
- 1-year price change: +0.6%
- 5-year price change: +27.6%
#3. Tallahassee, FL
- Typical home value: $298,194
- 1-year price change: +1.1%
- 5-year price change: +22.1%
#2. Monticello, FL
- Typical home value: $317,807
- 1-year price change: +3.6%
- 5-year price change: +34.8%
#1. Panacea, FL
- Typical home value: $399,105
- 1-year price change: -0.8%
- 5-year price change: +30.8%