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1 / 17#17. Boone, IA
- Typical home value: $213,280
- 1-year price change: +1.9%
- 5-year price change: +24.5%
Cities with the most expensive homes in the Ames 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 Ames metro area using data from . Charts show the monthly typical home value since January 2018. All 17 cities and towns with data available were included in the list.
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2 / 17#16. Ogden, IA
- Typical home value: $237,052
- 1-year price change: +4.6%
- 5-year price change: +33.2%
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3 / 17#15. Nevada, IA
- Typical home value: $248,771
- 1-year price change: +2.4%
- 5-year price change: +23.6%
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4 / 17#14. McCallsburg, IA
- Typical home value: $249,539
- 1-year price change: +1.9%
- 5-year price change: +23.3%
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5 / 17#13. Zearing, IA
- Typical home value: $257,969
- 1-year price change: +4.6%
- 5-year price change: +30.4%
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6 / 17#12. Roland, IA
- Typical home value: $266,488
- 1-year price change: +4.8%
- 5-year price change: +28.1%
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7 / 17#11. Colo, IA
- Typical home value: $268,685
- 1-year price change: +5.3%
- 5-year price change: +36.2%
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8 / 17#10. Collins, IA
- Typical home value: $278,528
- 1-year price change: +5.9%
- 5-year price change: +39.0%
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9 / 17#9. Madrid, IA
- Typical home value: $284,228
- 1-year price change: +3.1%
- 5-year price change: +31.6%
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10 / 17#8. Story City, IA
- Typical home value: $286,425
- 1-year price change: +5.0%
- 5-year price change: +28.0%
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11 / 17#7. Slater, IA
- Typical home value: $296,772
- 1-year price change: +2.8%
- 5-year price change: +25.6%
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12 / 17#6. Woodward, IA
- Typical home value: $303,088
- 1-year price change: +5.4%
- 5-year price change: +32.7%
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13 / 17#5. Ames, IA
- Typical home value: $303,902
- 1-year price change: +2.8%
- 5-year price change: +16.9%
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14 / 17#4. Gilbert, IA
- Typical home value: $340,006
- 1-year price change: +3.3%
- 5-year price change: +31.3%
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15 / 17#3. Huxley, IA
- Typical home value: $345,831
- 1-year price change: +1.1%
- 5-year price change: +17.8%
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16 / 17#2. Cambridge, IA
- Typical home value: $347,472
- 1-year price change: +3.3%
- 5-year price change: +28.8%
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17 / 17#1. Kelley, IA
- Typical home value: $348,958
- 1-year price change: +5.1%
- 5-year price change: +36.7%
