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 $361,371 in February, 0.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 19, the sits at 6.22%.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: $123,169
- 1-year price change: +5.7%
- 5-year price change: +44.1%
#12. Bridgeport, MI
- Typical home value: $163,367
- 1-year price change: +6.2%
- 5-year price change: +45.5%
#11. Oakley, MI
- Typical home value: $175,360
- 1-year price change: +5.2%
- 5-year price change: +27.4%
#10. Saint Charles, MI
- Typical home value: $189,583
- 1-year price change: +5.8%
- 5-year price change: +38.0%
#9. Merrill, MI
- Typical home value: $193,374
- 1-year price change: +6.6%
- 5-year price change: +45.8%
#8. Burt, MI
- Typical home value: $195,679
- 1-year price change: +6.7%
- 5-year price change: +44.7%
#7. Brant, MI
- Typical home value: $198,506
- 1-year price change: +4.7%
- 5-year price change: +24.4%
#6. Chesaning, MI
- Typical home value: $201,711
- 1-year price change: +7.0%
- 5-year price change: +47.2%
#5. Reese, MI
- Typical home value: $212,425
- 1-year price change: +9.6%
- 5-year price change: +35.4%
#4. Birch Run, MI
- Typical home value: $222,483
- 1-year price change: +5.5%
- 5-year price change: +53.9%
#3. Hemlock, MI
- Typical home value: $234,306
- 1-year price change: +5.4%
- 5-year price change: +38.6%
#2. Freeland, MI
- Typical home value: $289,207
- 1-year price change: +7.4%
- 5-year price change: +45.8%
#1. Frankenmuth, MI
- Typical home value: $309,860
- 1-year price change: +4.3%
- 5-year price change: +32.6%