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Cities with the most expensive homes in the Durham metro area

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4 PM production // Shutterstock
4 PM production // Shutterstock

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 Durham metro area using data from . Charts show the monthly typical home value since January 2018. All 25 cities and towns with data available were included in the list.

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#25. Roxboro, NC

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#25. Roxboro, NC

- Typical home value: $219,895
- 1-year price change: +5.4%
- 5-year price change: +20.7%

#24. Bullock, NC

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#24. Bullock, NC

- Typical home value: $246,137
- 1-year price change: -2.2%
- 5-year price change: +16.3%

#23. Oxford, NC

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#23. Oxford, NC

- Typical home value: $251,806
- 1-year price change: -0.0%
- 5-year price change: +21.8%

#22. Bennett, NC

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#22. Bennett, NC

- Typical home value: $257,826
- 1-year price change: +6.8%
- 5-year price change: +24.4%

#21. Siler City, NC

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5 / 25

#21. Siler City, NC

- Typical home value: $259,003
- 1-year price change: +3.4%
- 5-year price change: +28.0%

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#20. Butner, NC

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6 / 25

#20. Butner, NC

- Typical home value: $267,826
- 1-year price change: -2.0%
- 5-year price change: +24.1%

#19. Leasburg, NC

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#19. Leasburg, NC

- Typical home value: $269,930
- 1-year price change: +3.4%
- 5-year price change: +11.1%

#18. Goldston, NC

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#18. Goldston, NC

- Typical home value: $289,166
- 1-year price change: +6.3%
- 5-year price change: +27.0%

#17. Timberlake, NC

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#17. Timberlake, NC

- Typical home value: $314,105
- 1-year price change: +4.1%
- 5-year price change: +33.4%

#15. Bear Creek, NC

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#15. Bear Creek, NC

- Typical home value: $331,261
- 1-year price change: +6.3%
- 5-year price change: +32.3%

#14. Creedmoor, NC

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12 / 25

#14. Creedmoor, NC

- Typical home value: $335,952
- 1-year price change: -0.3%
- 5-year price change: +26.1%

#13. Hurdle Mills, NC

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#13. Hurdle Mills, NC

- Typical home value: $350,780
- 1-year price change: +4.5%
- 5-year price change: +29.8%

#12. Rougemont, NC

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#12. Rougemont, NC

- Typical home value: $369,026
- 1-year price change: +2.5%
- 5-year price change: +30.9%

#10. Durham, NC

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#10. Durham, NC

- Typical home value: $389,634
- 1-year price change: -3.4%
- 5-year price change: +18.5%

#9. Cedar Grove, NC

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#9. Cedar Grove, NC

- Typical home value: $393,401
- 1-year price change: +0.5%
- 5-year price change: +25.6%

#8. Moncure, NC

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#8. Moncure, NC

- Typical home value: $403,793
- 1-year price change: +2.3%
- 5-year price change: +31.8%

#7. Carrboro, NC

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#7. Carrboro, NC

- Typical home value: $424,337
- 1-year price change: -3.2%
- 5-year price change: +25.0%

#5. Bahama, NC

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#5. Bahama, NC

- Typical home value: $481,829
- 1-year price change: +3.8%
- 5-year price change: +36.1%

#4. Semora, NC

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#4. Semora, NC

- Typical home value: $538,143
- 1-year price change: +3.2%
- 5-year price change: +16.3%

#3. Pittsboro, NC

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#3. Pittsboro, NC

- Typical home value: $554,189
- 1-year price change: +0.5%
- 5-year price change: +28.1%

#2. Chapel Hill, NC

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#2. Chapel Hill, NC

- Typical home value: $631,034
- 1-year price change: -0.7%
- 5-year price change: +29.8%