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 $372,057 in June, 1.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 16, the sits at 6.55%.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: $135,513
- 1-year price change: +6.7%
- 5-year price change: +37.6%
#12. Bridgeport, MI
- Typical home value: $177,729
- 1-year price change: +6.0%
- 5-year price change: +35.6%
#11. Oakley, MI
- Typical home value: $194,877
- 1-year price change: +7.6%
- 5-year price change: +26.4%
#10. Saint Charles, MI
- Typical home value: $207,350
- 1-year price change: +6.7%
- 5-year price change: +32.9%
#9. Merrill, MI
- Typical home value: $210,550
- 1-year price change: +6.3%
- 5-year price change: +38.6%
#8. Burt, MI
- Typical home value: $213,391
- 1-year price change: +5.6%
- 5-year price change: +39.0%
#7. Brant, MI
- Typical home value: $216,991
- 1-year price change: +9.0%
- 5-year price change: +20.4%
#6. Chesaning, MI
- Typical home value: $219,810
- 1-year price change: +7.8%
- 5-year price change: +40.8%
#5. Reese, MI
- Typical home value: $226,889
- 1-year price change: +7.3%
- 5-year price change: +26.6%
#4. Birch Run, MI
- Typical home value: $240,254
- 1-year price change: +5.1%
- 5-year price change: +44.6%
#3. Hemlock, MI
- Typical home value: $254,230
- 1-year price change: +5.2%
- 5-year price change: +31.5%
#2. Freeland, MI
- Typical home value: $310,350
- 1-year price change: +7.4%
- 5-year price change: +38.1%
#1. Frankenmuth, MI
- Typical home value: $330,247
- 1-year price change: +3.6%
- 5-year price change: +24.3%