Cities with the most expensive homes in the Columbia, Missouri metro area
Cities with the most expensive homes in the Columbia, Missouri 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 Columbia, Missouri 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. Boonville, MO
- Typical home value: $187,822
- 1-year price change: +0.9%
- 5-year price change: +31.9%
#12. New Franklin, MO
- Typical home value: $193,497
- 1-year price change: +0.2%
- 5-year price change: +41.0%
#11. Glasgow, MO
- Typical home value: $203,781
- 1-year price change: +5.7%
- 5-year price change: +27.2%
#10. Fayette, MO
- Typical home value: $221,966
- 1-year price change: +7.8%
- 5-year price change: +51.9%
#9. Armstrong, MO
- Typical home value: $230,101
- 1-year price change: +13.2%
- 5-year price change: +76.5%
#8. Blackwater, MO
- Typical home value: $260,814
- 1-year price change: +1.1%
- 5-year price change: +14.7%
#7. Columbia, MO
- Typical home value: $314,972
- 1-year price change: +2.7%
- 5-year price change: +39.5%
#6. Sturgeon, MO
- Typical home value: $336,032
- 1-year price change: +0.4%
- 5-year price change: +54.4%
#5. Ashland, MO
- Typical home value: $357,428
- 1-year price change: +2.0%
- 5-year price change: +42.7%
#4. Hallsville, MO
- Typical home value: $357,977
- 1-year price change: +1.2%
- 5-year price change: +42.4%
#3. Harrisburg, MO
- Typical home value: $379,334
- 1-year price change: -1.8%
- 5-year price change: +36.6%
#2. Hartsburg, MO
- Typical home value: $426,467
- 1-year price change: -0.4%
- 5-year price change: +38.8%
#1. Rocheport, MO
- Typical home value: $440,311
- 1-year price change: -3.5%
- 5-year price change: +34.0%