Cities with the most expensive homes in the Saginaw metro area
Cities with the most expensive homes in the Saginaw 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 $365,545 in March, 0.8% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of April 16, the sits at 6.3%.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 Saginaw 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.
#13. Saginaw, MI
- Typical home value: $128,098
- 1-year price change: +5.8%
- 5-year price change: +41.5%
#12. Bridgeport, MI
- Typical home value: $168,154
- 1-year price change: +5.9%
- 5-year price change: +42.3%
#11. Oakley, MI
- Typical home value: $183,108
- 1-year price change: +4.8%
- 5-year price change: +27.1%
#10. Saint Charles, MI
- Typical home value: $196,068
- 1-year price change: +6.1%
- 5-year price change: +36.5%
#9. Merrill, MI
- Typical home value: $200,717
- 1-year price change: +6.5%
- 5-year price change: +44.0%
#8. Burt, MI
- Typical home value: $202,268
- 1-year price change: +6.0%
- 5-year price change: +42.4%
#7. Brant, MI
- Typical home value: $206,957
- 1-year price change: +5.7%
- 5-year price change: +23.1%
#6. Chesaning, MI
- Typical home value: $208,039
- 1-year price change: +6.8%
- 5-year price change: +45.2%
#5. Reese, MI
- Typical home value: $215,095
- 1-year price change: +9.3%
- 5-year price change: +32.8%
#4. Birch Run, MI
- Typical home value: $229,627
- 1-year price change: +5.1%
- 5-year price change: +50.9%
#3. Hemlock, MI
- Typical home value: $239,732
- 1-year price change: +5.3%
- 5-year price change: +36.8%
#2. Freeland, MI
- Typical home value: $295,713
- 1-year price change: +7.8%
- 5-year price change: +44.4%
#1. Frankenmuth, MI
- Typical home value: $315,291
- 1-year price change: +4.0%
- 5-year price change: +30.8%