Cities with the most expensive homes in the Charlotte 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 $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

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 Charlotte metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 85 cities and towns.

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#30. Lake Park, NC

- Typical home value: $375,139
- 1-year price change: -2.4%
- 5-year price change: +21.9%

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#29. Concord, NC

- Typical home value: $380,870
- 1-year price change: -0.5%
- 5-year price change: +22.5%

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#28. Mount Pleasant, NC

- Typical home value: $383,244
- 1-year price change: +2.0%
- 5-year price change: +30.2%

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#27. Charlotte, NC

- Typical home value: $392,573
- 1-year price change: -1.1%
- 5-year price change: +20.0%

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#26. Troutman, NC

- Typical home value: $395,597
- 1-year price change: +0.1%
- 5-year price change: +18.7%

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#25. Pineville, NC

- Typical home value: $401,841
- 1-year price change: -0.7%
- 5-year price change: +20.4%

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#24. Iron Station, NC

- Typical home value: $407,922
- 1-year price change: +1.4%
- 5-year price change: +29.5%

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#23. Indian Trail, NC

- Typical home value: $414,348
- 1-year price change: -2.4%
- 5-year price change: +21.6%

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#22. Clover, SC

- Typical home value: $414,517
- 1-year price change: -0.3%
- 5-year price change: +23.0%

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#21. Unionville, NC

- Typical home value: $417,140
- 1-year price change: +1.0%
- 5-year price change: +24.4%

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#20. Midland, NC

- Typical home value: $426,707
- 1-year price change: +1.7%
- 5-year price change: +22.1%

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#19. Belmont, NC

- Typical home value: $431,349
- 1-year price change: +0.2%
- 5-year price change: +27.9%

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#18. Mineral Springs, NC

- Typical home value: $435,948
- 1-year price change: +1.2%
- 5-year price change: +26.4%

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#17. Stallings, NC

- Typical home value: $458,221
- 1-year price change: -0.8%
- 5-year price change: +25.0%

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#16. Mount Ulla, NC

- Typical home value: $459,933
- 1-year price change: +0.5%
- 5-year price change: +10.3%

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#15. Mc Adenville, NC

- Typical home value: $477,936
- 1-year price change: +3.3%
- 5-year price change: +33.8%

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#14. Mooresville, NC

- Typical home value: $478,099
- 1-year price change: -0.3%
- 5-year price change: +23.5%

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#13. Fairview, NC

- Typical home value: $495,026
- 1-year price change: +2.8%
- 5-year price change: +28.7%

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#12. Harrisburg, NC

- Typical home value: $496,423
- 1-year price change: -0.7%
- 5-year price change: +24.8%

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#11. Matthews, NC

- Typical home value: $509,343
- 1-year price change: +0.2%
- 5-year price change: +31.7%

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#10. Mint Hill, NC

- Typical home value: $511,593
- 1-year price change: +0.7%
- 5-year price change: +28.7%

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#9. Cornelius, NC

- Typical home value: $522,002
- 1-year price change: +1.0%
- 5-year price change: +27.2%

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#8. Fort Mill, SC

- Typical home value: $523,379
- 1-year price change: -1.6%
- 5-year price change: +27.8%

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#7. Huntersville, NC

- Typical home value: $546,644
- 1-year price change: +0.5%
- 5-year price change: +32.2%

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#6. Denver, NC

- Typical home value: $552,081
- 1-year price change: -0.6%
- 5-year price change: +24.6%

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#5. Tega Cay, SC

- Typical home value: $599,961
- 1-year price change: -0.2%
- 5-year price change: +32.2%

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#4. Davidson, NC

- Typical home value: $652,186
- 1-year price change: +0.5%
- 5-year price change: +29.4%

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#3. Wesley Chapel, NC

- Typical home value: $657,159
- 1-year price change: +0.2%
- 5-year price change: +30.2%

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#2. Waxhaw, NC

- Typical home value: $709,982
- 1-year price change: -0.1%
- 5-year price change: +27.8%

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#1. Weddington, NC

- Typical home value: $1,050,246
- 1-year price change: +1.4%
- 5-year price change: +37.7%

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