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 $365,545 in March, 0.8% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of April 16, the sits at 6.3%.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: $333,246
- 1-year price change: +1.1%
- 5-year price change: +43.5%
#9. Hansen, ID
- Typical home value: $336,679
- 1-year price change: +2.6%
- 5-year price change: +36.2%
#8. Twin Falls, ID
- Typical home value: $367,064
- 1-year price change: +2.6%
- 5-year price change: +35.2%
#7. Buhl, ID
- Typical home value: $373,654
- 1-year price change: +3.3%
- 5-year price change: +41.8%
#6. Hazelton, ID
- Typical home value: $399,293
- 1-year price change: +5.2%
- 5-year price change: +34.5%
#5. Jerome, ID
- Typical home value: $399,693
- 1-year price change: +3.1%
- 5-year price change: +40.8%
#4. Filer, ID
- Typical home value: $414,707
- 1-year price change: +3.0%
- 5-year price change: +33.5%
#3. Hagerman, ID
- Typical home value: $415,027
- 1-year price change: +1.3%
- 5-year price change: +38.3%
#2. Eden, ID
- Typical home value: $442,179
- 1-year price change: +1.1%
- 5-year price change: +22.1%
#1. Kimberly, ID
- Typical home value: $448,259
- 1-year price change: +4.3%
- 5-year price change: +35.5%