Cities with the most expensive homes in the Twin Falls metro area
Cities with the most expensive homes in the Twin Falls 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 Twin Falls metro area using data from . Charts show the monthly typical home value since January 2018. All 10 cities and towns with data available were included in the list.
#10. Paul, ID
- Typical home value: $339,925
- 1-year price change: +0.9%
- 5-year price change: +32.3%
#9. Hansen, ID
- Typical home value: $344,070
- 1-year price change: +3.5%
- 5-year price change: +25.6%
#8. Twin Falls, ID
- Typical home value: $374,440
- 1-year price change: +3.0%
- 5-year price change: +24.0%
#7. Buhl, ID
- Typical home value: $381,665
- 1-year price change: +4.1%
- 5-year price change: +30.0%
#6. Jerome, ID
- Typical home value: $409,533
- 1-year price change: +2.7%
- 5-year price change: +29.6%
#5. Hazelton, ID
- Typical home value: $413,553
- 1-year price change: +5.6%
- 5-year price change: +27.7%
#4. Hagerman, ID
- Typical home value: $416,637
- 1-year price change: +1.1%
- 5-year price change: +25.1%
#3. Filer, ID
- Typical home value: $419,770
- 1-year price change: +2.5%
- 5-year price change: +23.3%
#2. Eden, ID
- Typical home value: $454,172
- 1-year price change: +0.4%
- 5-year price change: +12.2%
#1. Kimberly, ID
- Typical home value: $457,216
- 1-year price change: +4.0%
- 5-year price change: +23.7%