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1 / 12#12. Decatur, IL
- Typical home value: $107,246
- 1-year price change: +4.9%
- 5-year price change: +30.7%
Cities with the most expensive homes in the Decatur, Illinois 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 Decatur, Illinois metro area using data from . Charts show the monthly typical home value since January 2018. All 12 cities and towns with data available were included in the list.
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2 / 12#11. Harristown, IL
- Typical home value: $136,074
- 1-year price change: +4.3%
- 5-year price change: +28.9%
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3 / 12#10. Niantic, IL
- Typical home value: $141,304
- 1-year price change: +3.0%
- 5-year price change: +21.5%
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4 / 12#9. Maroa, IL
- Typical home value: $160,790
- 1-year price change: +3.9%
- 5-year price change: +33.2%
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5 / 12#8. Macon, IL
- Typical home value: $162,911
- 1-year price change: +6.4%
- 5-year price change: +30.8%
You may also like: Where people in Decatur, Illinois are looking to buy homes
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6 / 12#7. Warrensburg, IL
- Typical home value: $171,052
- 1-year price change: +13.9%
- 5-year price change: +36.3%
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7 / 12#6. Dalton City, IL
- Typical home value: $184,478
- 1-year price change: +9.0%
- 5-year price change: +39.4%
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8 / 12#5. Oreana, IL
- Typical home value: $185,020
- 1-year price change: +7.9%
- 5-year price change: +39.6%
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9 / 12#4. Long Creek, IL
- Typical home value: $189,626
- 1-year price change: +4.9%
- 5-year price change: +28.9%
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10 / 12#3. Argenta, IL
- Typical home value: $193,971
- 1-year price change: +8.8%
- 5-year price change: +34.8%
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11 / 12#2. Mount Zion, IL
- Typical home value: $199,922
- 1-year price change: +4.7%
- 5-year price change: +25.0%
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12 / 12#1. Forsyth, IL
- Typical home value: $311,434
- 1-year price change: +5.5%
- 5-year price change: +32.5%
