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1 / 15#15. Muskegon Heights, MI
- Typical home value: $90,377
- 1-year price change: -0.5%
- 5-year price change: +30.0%
Cities with the most expensive homes in the Muskegon 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 Muskegon metro area using data from . Charts show the monthly typical home value since January 2018. All 15 cities and towns with data available were included in the list.
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2 / 15#14. Muskegon, MI
- Typical home value: $193,180
- 1-year price change: +2.6%
- 5-year price change: +28.2%
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3 / 15#13. Wolf Lake, MI
- Typical home value: $223,447
- 1-year price change: +4.5%
- 5-year price change: +23.9%
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4 / 15#12. Lakewood Club, MI
- Typical home value: $230,059
- 1-year price change: +1.9%
- 5-year price change: +37.3%
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5 / 15#11. Roosevelt Park, MI
- Typical home value: $253,074
- 1-year price change: +4.8%
- 5-year price change: +30.8%
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6 / 15#10. Holton, MI
- Typical home value: $261,767
- 1-year price change: +6.9%
- 5-year price change: +26.5%
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7 / 15#9. Montague, MI
- Typical home value: $282,688
- 1-year price change: +5.2%
- 5-year price change: +27.0%
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8 / 15#8. Norton Shores, MI
- Typical home value: $298,233
- 1-year price change: +3.4%
- 5-year price change: +24.4%
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9 / 15#7. Bailey, MI
- Typical home value: $302,475
- 1-year price change: +6.6%
- 5-year price change: +25.6%
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10 / 15#6. Ravenna, MI
- Typical home value: $304,112
- 1-year price change: +5.9%
- 5-year price change: +27.4%
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11 / 15#5. Casnovia, MI
- Typical home value: $318,174
- 1-year price change: +7.5%
- 5-year price change: +29.8%
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12 / 15#4. North Muskegon, MI
- Typical home value: $321,975
- 1-year price change: +5.0%
- 5-year price change: +27.3%
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13 / 15#3. Whitehall, MI
- Typical home value: $339,976
- 1-year price change: +5.3%
- 5-year price change: +27.6%
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14 / 15#2. Fruitport, MI
- Typical home value: $342,385
- 1-year price change: +6.3%
- 5-year price change: +28.1%
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15 / 15#1. Twin Lake, MI
- Typical home value: $360,844
- 1-year price change: +7.8%
- 5-year price change: +34.9%
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