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Cities with the most expensive homes in the Fort Wayne metro area

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ungvar // Shutterstock
ungvar // 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 Fort Wayne metro area using data from . Charts show the monthly typical home value since January 2018. All 13 cities and towns with data available were included in the list.

You may also like: Most expensive homes for sale in Fort Wayne

#13. New Haven, IN

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#13. New Haven, IN

- Typical home value: $245,987
- 1-year price change: +3.4%
- 5-year price change: +36.6%

#12. Fort Wayne, IN

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#12. Fort Wayne, IN

- Typical home value: $248,442
- 1-year price change: +3.1%
- 5-year price change: +34.5%

#11. South Whitley, IN

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#11. South Whitley, IN

- Typical home value: $248,789
- 1-year price change: +5.7%
- 5-year price change: +35.0%

#10. Monroeville, IN

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#10. Monroeville, IN

- Typical home value: $264,023
- 1-year price change: +7.0%
- 5-year price change: +42.4%

#8. Woodburn, IN

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#8. Woodburn, IN

- Typical home value: $289,674
- 1-year price change: +6.5%
- 5-year price change: +37.2%

#7. Churubusco, IN

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#7. Churubusco, IN

- Typical home value: $305,455
- 1-year price change: +5.0%
- 5-year price change: +38.3%

#6. Harlan, IN

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#6. Harlan, IN

- Typical home value: $306,759
- 1-year price change: +6.4%
- 5-year price change: +33.9%

#5. Hoagland, IN

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#5. Hoagland, IN

- Typical home value: $320,640
- 1-year price change: +5.5%
- 5-year price change: +36.5%

#3. Huntertown, IN

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#3. Huntertown, IN

- Typical home value: $353,237
- 1-year price change: +3.3%
- 5-year price change: +24.4%

#2. Grabill, IN

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#2. Grabill, IN

- Typical home value: $372,873
- 1-year price change: +4.9%
- 5-year price change: +31.2%

#1. Leo-Cedarville, IN

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#1. Leo-Cedarville, IN

- Typical home value: $388,237
- 1-year price change: +3.3%
- 5-year price change: +33.0%