Cities with the most expensive homes in the Greensboro 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 Greensboro metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 32 cities and towns.

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#30. Pelham, NC

- Typical home value: $170,513
- 1-year price change: +3.9%
- 5-year price change: +16.8%

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#29. Sedalia, NC

- Typical home value: $191,505
- 1-year price change: +1.6%
- 5-year price change: +6.5%

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#28. Ruffin, NC

- Typical home value: $202,705
- 1-year price change: +3.2%
- 5-year price change: +8.4%

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#27. Seagrove, NC

- Typical home value: $208,035
- 1-year price change: +7.8%
- 5-year price change: +24.1%

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#26. Reidsville, NC

- Typical home value: $211,582
- 1-year price change: +2.5%
- 5-year price change: +8.7%

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#25. Stoneville, NC

- Typical home value: $220,172
- 1-year price change: +1.8%
- 5-year price change: +11.4%

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#24. Ramseur, NC

- Typical home value: $225,904
- 1-year price change: +4.2%
- 5-year price change: +28.8%

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#23. Madison, NC

- Typical home value: $226,325
- 1-year price change: +5.2%
- 5-year price change: +18.2%

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#22. Wentworth, NC

- Typical home value: $228,727
- 1-year price change: +4.3%
- 5-year price change: +20.0%

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#21. Franklinville, NC

- Typical home value: $230,296
- 1-year price change: +6.0%
- 5-year price change: +29.6%

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#20. Asheboro, NC

- Typical home value: $242,557
- 1-year price change: +2.0%
- 5-year price change: +24.8%

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#19. High Point, NC

- Typical home value: $250,100
- 1-year price change: +0.1%
- 5-year price change: +24.7%

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#18. Archdale, NC

- Typical home value: $251,975
- 1-year price change: +2.7%
- 5-year price change: +32.2%

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#17. Randleman, NC

- Typical home value: $260,631
- 1-year price change: +2.7%
- 5-year price change: +25.2%

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#16. Greensboro, NC

- Typical home value: $263,264
- 1-year price change: +0.0%
- 5-year price change: +24.1%

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#15. Staley, NC

- Typical home value: $264,728
- 1-year price change: +6.3%
- 5-year price change: +31.4%

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#14. Sophia, NC

- Typical home value: $269,989
- 1-year price change: +3.5%
- 5-year price change: +26.2%

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#13. Liberty, NC

- Typical home value: $282,662
- 1-year price change: +3.5%
- 5-year price change: +33.8%

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#12. Julian, NC

- Typical home value: $287,096
- 1-year price change: +6.2%
- 5-year price change: +30.2%

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#11. Mc Leansville, NC

- Typical home value: $290,411
- 1-year price change: +0.6%
- 5-year price change: +23.4%

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#10. Trinity, NC

- Typical home value: $291,110
- 1-year price change: +3.0%
- 5-year price change: +24.4%

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#9. Climax, NC

- Typical home value: $303,063
- 1-year price change: +7.6%
- 5-year price change: +36.5%

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#8. Browns Summit, NC

- Typical home value: $304,072
- 1-year price change: +1.3%
- 5-year price change: +22.5%

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#7. Gibsonville, NC

- Typical home value: $304,282
- 1-year price change: +1.2%
- 5-year price change: +27.0%

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#6. Pleasant Garden, NC

- Typical home value: $314,972
- 1-year price change: +3.9%
- 5-year price change: +27.2%

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#5. Whitsett, NC

- Typical home value: $321,615
- 1-year price change: +1.3%
- 5-year price change: +21.9%

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#4. Jamestown, NC

- Typical home value: $348,657
- 1-year price change: +0.1%
- 5-year price change: +21.3%

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#3. Stokesdale, NC

- Typical home value: $387,090
- 1-year price change: +3.0%
- 5-year price change: +26.2%

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#2. Summerfield, NC

- Typical home value: $513,859
- 1-year price change: +1.1%
- 5-year price change: +27.1%

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#1. Oak Ridge, NC

- Typical home value: $599,623
- 1-year price change: +0.5%
- 5-year price change: +24.8%

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