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1 / 10#10. Worthington, IN
- Typical home value: $182,245
- 1-year price change: +3.1%
- 5-year price change: +33.5%
Cities with the most expensive homes in the Bloomington 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 Bloomington 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.
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2 / 10#9. Poland, IN
- Typical home value: $203,019
- 1-year price change: +4.7%
- 5-year price change: +31.6%
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3 / 10#8. Coal City, IN
- Typical home value: $216,162
- 1-year price change: +7.0%
- 5-year price change: +30.4%
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4 / 10#7. Freedom, IN
- Typical home value: $247,082
- 1-year price change: +2.3%
- 5-year price change: +26.0%
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5 / 10#6. Spencer, IN
- Typical home value: $252,223
- 1-year price change: +3.2%
- 5-year price change: +29.1%
You may also like: Cities with the fastest-growing home prices in the Bloomington metro area
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6 / 10#5. Gosport, IN
- Typical home value: $261,420
- 1-year price change: +4.0%
- 5-year price change: +30.7%
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7 / 10#4. Quincy, IN
- Typical home value: $268,785
- 1-year price change: +4.7%
- 5-year price change: +31.4%
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8 / 10#3. Ellettsville, IN
- Typical home value: $274,470
- 1-year price change: +1.1%
- 5-year price change: +21.8%
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9 / 10#2. Bloomington, IN
- Typical home value: $315,772
- 1-year price change: +1.4%
- 5-year price change: +20.5%
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10 / 10#1. Unionville, IN
- Typical home value: $375,896
- 1-year price change: +0.8%
- 5-year price change: +24.6%
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