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Cities with the most expensive homes in the Evansville metro area

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4 PM production // Shutterstock
4 PM production // Shutterstock

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 Evansville metro area using data from . Charts show the monthly typical home value since January 2018. All 23 cities and towns with data available were included in the list.

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#23. Griffin, IN

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#23. Griffin, IN

- Typical home value: $105,719
- 1-year price change: +2.3%
- 5-year price change: +20.9%

#22. Reed, KY

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#22. Reed, KY

- Typical home value: $139,228
- 1-year price change: -1.6%
- 5-year price change: +21.5%

#21. Waverly, KY

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#21. Waverly, KY

- Typical home value: $164,591
- 1-year price change: -1.6%
- 5-year price change: +16.9%

#20. Cynthiana, IN

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#20. Cynthiana, IN

- Typical home value: $168,717
- 1-year price change: +2.3%
- 5-year price change: +26.3%

#18. Spottsville, KY

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#18. Spottsville, KY

- Typical home value: $191,831
- 1-year price change: -0.3%
- 5-year price change: +27.2%

#17. Henderson, KY

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#17. Henderson, KY

- Typical home value: $203,792
- 1-year price change: +2.0%
- 5-year price change: +29.0%

#16. Evansville, IN

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#16. Evansville, IN

- Typical home value: $204,516
- 1-year price change: +4.3%
- 5-year price change: +29.7%

#15. Dale, IN

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#15. Dale, IN

- Typical home value: $206,550
- 1-year price change: +3.5%
- 5-year price change: +33.8%

#13. New Harmony, IN

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#13. New Harmony, IN

- Typical home value: $209,476
- 1-year price change: -0.2%
- 5-year price change: +25.1%

#12. Poseyville, IN

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#12. Poseyville, IN

- Typical home value: $214,442
- 1-year price change: +1.4%
- 5-year price change: +32.3%

#11. Chandler, IN

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#11. Chandler, IN

- Typical home value: $219,910
- 1-year price change: +5.1%
- 5-year price change: +32.6%

#10. Mount Vernon, IN

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#10. Mount Vernon, IN

- Typical home value: $222,509
- 1-year price change: +0.8%
- 5-year price change: +28.3%

#8. Robards, KY

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#8. Robards, KY

- Typical home value: $235,604
- 1-year price change: -0.2%
- 5-year price change: +21.6%

#7. Gentryville, IN

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#7. Gentryville, IN

- Typical home value: $239,553
- 1-year price change: +9.2%
- 5-year price change: +31.1%

#6. Tennyson, IN

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#6. Tennyson, IN

- Typical home value: $263,150
- 1-year price change: +12.3%
- 5-year price change: +39.8%

#5. Elberfeld, IN

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#5. Elberfeld, IN

- Typical home value: $285,739
- 1-year price change: +6.8%
- 5-year price change: +33.1%

#3. Wadesville, IN

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#3. Wadesville, IN

- Typical home value: $301,445
- 1-year price change: +1.6%
- 5-year price change: +26.0%

#2. Newburgh, IN

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#2. Newburgh, IN

- Typical home value: $319,814
- 1-year price change: +3.2%
- 5-year price change: +25.4%

#1. Darmstadt, IN

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#1. Darmstadt, IN

- Typical home value: $349,356
- 1-year price change: +5.1%
- 5-year price change: +32.3%