Cities with the most expensive homes in the Lansing metro area

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 Lansing metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 43 cities and towns.

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#30. Olivet, MI

- Typical home value: $240,561
- 1-year price change: +5.3%
- 5-year price change: +22.2%

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#29. Vermontville, MI

- Typical home value: $240,665
- 1-year price change: +8.6%
- 5-year price change: +23.8%

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#28. Leslie, MI

- Typical home value: $241,244
- 1-year price change: +1.9%
- 5-year price change: +22.8%

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#27. Charlotte, MI

- Typical home value: $243,128
- 1-year price change: +3.8%
- 5-year price change: +22.0%

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#26. New Lothrop, MI

- Typical home value: $245,303
- 1-year price change: +4.7%
- 5-year price change: +19.6%

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#25. Mulliken, MI

- Typical home value: $247,231
- 1-year price change: +5.3%
- 5-year price change: +23.9%

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#24. Morrice, MI

- Typical home value: $247,881
- 1-year price change: +3.5%
- 5-year price change: +20.4%

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#23. Bellevue, MI

- Typical home value: $251,544
- 1-year price change: +7.2%
- 5-year price change: +28.0%

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#22. Eaton Rapids, MI

- Typical home value: $255,832
- 1-year price change: +3.9%
- 5-year price change: +23.5%

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#21. Onondaga, MI

- Typical home value: $263,539
- 1-year price change: +2.8%
- 5-year price change: +24.4%

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#20. Perry, MI

- Typical home value: $266,915
- 1-year price change: +2.7%
- 5-year price change: +21.7%

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#19. Holt, MI

- Typical home value: $274,080
- 1-year price change: +3.5%
- 5-year price change: +29.0%

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#18. Webberville, MI

- Typical home value: $279,157
- 1-year price change: +3.2%
- 5-year price change: +21.7%

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#17. Mason, MI

- Typical home value: $279,183
- 1-year price change: +2.5%
- 5-year price change: +23.9%

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#16. Dansville, MI

- Typical home value: $291,012
- 1-year price change: +2.1%
- 5-year price change: +20.6%

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#15. Saint Johns, MI

- Typical home value: $294,944
- 1-year price change: +5.6%
- 5-year price change: +25.3%

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#14. Stockbridge, MI

- Typical home value: $298,802
- 1-year price change: +4.2%
- 5-year price change: +23.1%

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#13. Byron, MI

- Typical home value: $301,294
- 1-year price change: +4.9%
- 5-year price change: +21.1%

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#12. Grand Ledge, MI

- Typical home value: $302,550
- 1-year price change: +2.7%
- 5-year price change: +22.1%

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#11. Laingsburg, MI

- Typical home value: $304,902
- 1-year price change: +4.6%
- 5-year price change: +19.0%

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#10. Fowler, MI

- Typical home value: $305,451
- 1-year price change: +6.1%
- 5-year price change: +28.4%

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#9. Haslett, MI

- Typical home value: $310,171
- 1-year price change: +3.1%
- 5-year price change: +25.9%

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#8. Dimondale, MI

- Typical home value: $313,141
- 1-year price change: +5.9%
- 5-year price change: +22.1%

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#7. East Lansing, MI

- Typical home value: $323,326
- 1-year price change: +4.0%
- 5-year price change: +29.7%

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#6. Dewitt, MI

- Typical home value: $327,868
- 1-year price change: +1.8%
- 5-year price change: +16.5%

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#5. Williamston, MI

- Typical home value: $330,730
- 1-year price change: +2.8%
- 5-year price change: +22.7%

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#4. Eagle, MI

- Typical home value: $332,915
- 1-year price change: +2.6%
- 5-year price change: +21.8%

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#3. Bath, MI

- Typical home value: $349,398
- 1-year price change: +4.2%
- 5-year price change: +22.8%

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#2. Westphalia, MI

- Typical home value: $355,319
- 1-year price change: +7.5%
- 5-year price change: +33.9%

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#1. Okemos, MI

- Typical home value: $370,185
- 1-year price change: +0.9%
- 5-year price change: +24.4%

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