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Cities with the most expensive homes in the Hickory metro area

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ungvar // Shutterstock
ungvar // 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 Hickory 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. Rhodhiss, NC

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#25. Rhodhiss, NC

- Typical home value: $150,888
- 1-year price change: -6.4%
- 5-year price change: +17.0%

#24. Brookford, NC

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#24. Brookford, NC

- Typical home value: $156,866
- 1-year price change: +0.1%
- 5-year price change: +34.1%

#23. Collettsville, NC

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#23. Collettsville, NC

- Typical home value: $157,393
- 1-year price change: +0.6%
- 5-year price change: +20.5%

#22. Longview, NC

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#22. Longview, NC

- Typical home value: $186,575
- 1-year price change: +1.1%
- 5-year price change: +34.8%

#20. Gamewell, NC

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#20. Gamewell, NC

- Typical home value: $216,617
- 1-year price change: +3.0%
- 5-year price change: +32.4%

#19. Icard, NC

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#19. Icard, NC

- Typical home value: $225,112
- 1-year price change: +4.7%
- 5-year price change: +33.4%

#18. Sawmills, NC

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#18. Sawmills, NC

- Typical home value: $228,940
- 1-year price change: +1.6%
- 5-year price change: +19.9%

#17. Cajahs Mountain, NC

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#17. Cajahs Mountain, NC

- Typical home value: $243,315
- 1-year price change: +0.4%
- 5-year price change: +23.6%

#15. Claremont, NC

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#15. Claremont, NC

- Typical home value: $259,303
- 1-year price change: +2.5%
- 5-year price change: +32.9%

#14. Newton, NC

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#14. Newton, NC

- Typical home value: $259,410
- 1-year price change: +1.3%
- 5-year price change: +31.9%

#13. Hiddenite, NC

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#13. Hiddenite, NC

- Typical home value: $259,831
- 1-year price change: +5.9%
- 5-year price change: +30.2%

#12. Morganton, NC

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#12. Morganton, NC

- Typical home value: $261,310
- 1-year price change: +1.6%
- 5-year price change: +27.6%

#10. Taylorsville, NC

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#10. Taylorsville, NC

- Typical home value: $269,905
- 1-year price change: +7.8%
- 5-year price change: +34.0%

#9. Granite Falls, NC

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#9. Granite Falls, NC

- Typical home value: $273,775
- 1-year price change: +3.7%
- 5-year price change: +29.6%

#8. Conover, NC

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#8. Conover, NC

- Typical home value: $277,782
- 1-year price change: +1.0%
- 5-year price change: +31.5%

#7. Hickory, NC

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#7. Hickory, NC

- Typical home value: $294,938
- 1-year price change: +1.6%
- 5-year price change: +30.4%

#5. Maiden, NC

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#5. Maiden, NC

- Typical home value: $305,919
- 1-year price change: +1.9%
- 5-year price change: +32.7%

#4. Catawba, NC

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#4. Catawba, NC

- Typical home value: $320,823
- 1-year price change: +3.1%
- 5-year price change: +32.1%

#3. Cedar Rock, NC

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#3. Cedar Rock, NC

- Typical home value: $486,218
- 1-year price change: +0.3%
- 5-year price change: +23.3%

#2. Sherrills Ford, NC

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#2. Sherrills Ford, NC

- Typical home value: $497,831
- 1-year price change: -1.5%
- 5-year price change: +20.6%