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Cities with the most expensive homes in the Winston-Salem 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 Winston-Salem metro area using data from . Charts show the monthly typical home value since January 2018. All 28 cities and towns with data available were included in the list.

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#28. Cooleemee, NC

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#28. Cooleemee, NC

- Typical home value: $129,431
- 1-year price change: -5.6%
- 5-year price change: +11.0%

#27. Jonesville, NC

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#27. Jonesville, NC

- Typical home value: $157,098
- 1-year price change: -10.4%
- 5-year price change: +13.7%

#26. Boonville, NC

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#26. Boonville, NC

- Typical home value: $232,943
- 1-year price change: +2.8%
- 5-year price change: +28.4%

#25. Sandy Ridge, NC

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#25. Sandy Ridge, NC

- Typical home value: $238,284
- 1-year price change: +12.7%
- 5-year price change: +37.2%

#23. Walnut Cove, NC

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#23. Walnut Cove, NC

- Typical home value: $244,217
- 1-year price change: +10.3%
- 5-year price change: +40.1%

#22. Danbury, NC

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#22. Danbury, NC

- Typical home value: $245,644
- 1-year price change: +9.5%
- 5-year price change: +40.8%

#21. Yadkinville, NC

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#21. Yadkinville, NC

- Typical home value: $251,456
- 1-year price change: +4.7%
- 5-year price change: +28.4%

#20. Hamptonville, NC

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#20. Hamptonville, NC

- Typical home value: $257,478
- 1-year price change: +8.0%
- 5-year price change: +28.9%

#18. Winston-Salem, NC

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#18. Winston-Salem, NC

- Typical home value: $263,057
- 1-year price change: +0.2%
- 5-year price change: +25.7%

#17. Denton, NC

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#17. Denton, NC

- Typical home value: $267,397
- 1-year price change: +7.2%
- 5-year price change: +36.0%

#16. East Bend, NC

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#16. East Bend, NC

- Typical home value: $268,478
- 1-year price change: +5.5%
- 5-year price change: +26.5%

#15. Tobaccoville, NC

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#15. Tobaccoville, NC

- Typical home value: $270,808
- 1-year price change: +2.2%
- 5-year price change: +26.8%

#13. Linwood, NC

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#13. Linwood, NC

- Typical home value: $270,930
- 1-year price change: +5.3%
- 5-year price change: +43.9%

#12. Germanton, NC

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#12. Germanton, NC

- Typical home value: $272,591
- 1-year price change: +7.6%
- 5-year price change: +32.8%

#11. Lexington, NC

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#11. Lexington, NC

- Typical home value: $273,382
- 1-year price change: +4.3%
- 5-year price change: +34.7%

#10. Rural Hall, NC

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#10. Rural Hall, NC

- Typical home value: $273,916
- 1-year price change: +1.9%
- 5-year price change: +26.1%

#8. Mocksville, NC

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#8. Mocksville, NC

- Typical home value: $284,224
- 1-year price change: +4.0%
- 5-year price change: +26.1%

#7. Bethania, NC

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#7. Bethania, NC

- Typical home value: $290,458
- 1-year price change: +4.1%
- 5-year price change: +29.3%

#6. Pinnacle, NC

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#6. Pinnacle, NC

- Typical home value: $291,870
- 1-year price change: +8.6%
- 5-year price change: +38.8%

#5. Kernersville, NC

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#5. Kernersville, NC

- Typical home value: $321,069
- 1-year price change: +1.1%
- 5-year price change: +24.0%

#4. Belews Creek, NC

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#4. Belews Creek, NC

- Typical home value: $357,390
- 1-year price change: +4.7%
- 5-year price change: +30.9%

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#3. Clemmons, NC

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#3. Clemmons, NC

- Typical home value: $386,249
- 1-year price change: +0.2%
- 5-year price change: +23.6%

#2. Lewisville, NC

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#2. Lewisville, NC

- Typical home value: $404,913
- 1-year price change: +0.3%
- 5-year price change: +26.9%

#1. Advance, NC

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#1. Advance, NC

- Typical home value: $411,650
- 1-year price change: +2.3%
- 5-year price change: +24.5%