Cities with the most expensive homes in the Grand Island metro area
Cities with the most expensive homes in the Grand Island 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 Grand Island metro area using data from . Charts show the monthly typical home value since January 2018. All 14 cities and towns with data available were included in the list.
#14. Wolbach, NE
- Typical home value: $191,514
- 1-year price change: +3.2%
- 5-year price change: +19.1%
#13. Central City, NE
- Typical home value: $198,661
- 1-year price change: +3.8%
- 5-year price change: +36.8%
#12. Saint Paul, NE
- Typical home value: $206,206
- 1-year price change: +4.4%
- 5-year price change: +35.1%
#11. Silver Creek, NE
- Typical home value: $211,541
- 1-year price change: +4.6%
- 5-year price change: +43.9%
#10. Alda, NE
- Typical home value: $242,463
- 1-year price change: +3.1%
- 5-year price change: +42.8%
#9. Grand Island, NE
- Typical home value: $249,961
- 1-year price change: +2.4%
- 5-year price change: +38.4%
#8. Cairo, NE
- Typical home value: $277,605
- 1-year price change: +2.5%
- 5-year price change: +40.2%
#7. Dannebrog, NE
- Typical home value: $295,003
- 1-year price change: +0.2%
- 5-year price change: +27.2%
#6. Palmer, NE
- Typical home value: $299,438
- 1-year price change: +7.7%
- 5-year price change: +53.7%
#5. Farwell, NE
- Typical home value: $299,695
- 1-year price change: +0.7%
- 5-year price change: +34.9%
#4. Chapman, NE
- Typical home value: $304,552
- 1-year price change: +8.3%
- 5-year price change: +55.8%
#3. Clarks, NE
- Typical home value: $321,162
- 1-year price change: +5.4%
- 5-year price change: +53.2%
#2. Saint Libory, NE
- Typical home value: $337,815
- 1-year price change: +2.3%
- 5-year price change: +39.1%
#1. Doniphan, NE
- Typical home value: $342,635
- 1-year price change: +4.0%
- 5-year price change: +35.7%