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Cities with the most expensive homes in the Fayetteville, North Carolina 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 Fayetteville, North Carolina metro area using data from . Charts show the monthly typical home value since January 2018. All 20 cities and towns with data available were included in the list.

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#20. Red Springs, NC

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#20. Red Springs, NC

- Typical home value: $108,389
- 1-year price change: +0.6%
- 5-year price change: +14.0%

#19. Roseboro, NC

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#19. Roseboro, NC

- Typical home value: $133,171
- 1-year price change: -0.2%
- 5-year price change: +25.1%

#18. Erwin, NC

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#18. Erwin, NC

- Typical home value: $202,940
- 1-year price change: -0.0%
- 5-year price change: +25.8%

#17. Autryville, NC

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#17. Autryville, NC

- Typical home value: $208,214
- 1-year price change: +1.6%
- 5-year price change: +24.1%

#15. Dunn, NC

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#15. Dunn, NC

- Typical home value: $228,215
- 1-year price change: +2.2%
- 5-year price change: +34.1%

#14. Coats, NC

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#14. Coats, NC

- Typical home value: $236,384
- 1-year price change: -0.6%
- 5-year price change: +25.1%

#13. Godwin, NC

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#13. Godwin, NC

- Typical home value: $241,950
- 1-year price change: +7.8%
- 5-year price change: +34.8%

#12. Spring Lake, NC

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#12. Spring Lake, NC

- Typical home value: $259,071
- 1-year price change: +0.1%
- 5-year price change: +31.1%

#10. Stedman, NC

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#10. Stedman, NC

- Typical home value: $272,493
- 1-year price change: +3.1%
- 5-year price change: +28.4%

#9. Broadway, NC

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#9. Broadway, NC

- Typical home value: $273,569
- 1-year price change: +3.6%
- 5-year price change: +35.8%

#8. Bunnlevel, NC

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#8. Bunnlevel, NC

- Typical home value: $281,382
- 1-year price change: +0.9%
- 5-year price change: +29.6%

#7. Raeford, NC

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#7. Raeford, NC

- Typical home value: $285,227
- 1-year price change: -0.1%
- 5-year price change: +35.9%

#5. Wade, NC

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#5. Wade, NC

- Typical home value: $300,393
- 1-year price change: +5.2%
- 5-year price change: +34.2%

#4. Linden, NC

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#4. Linden, NC

- Typical home value: $313,742
- 1-year price change: +2.1%
- 5-year price change: +31.8%

#3. Cameron, NC

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#3. Cameron, NC

- Typical home value: $322,805
- 1-year price change: +0.5%
- 5-year price change: +32.8%

#2. Angier, NC

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#2. Angier, NC

- Typical home value: $331,213
- 1-year price change: -1.0%
- 5-year price change: +23.2%