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Cities with the most expensive homes in the Akron metro area

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Konstantin L // Shutterstock
Konstantin L // 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 Akron metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 36 cities and towns.

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#30. Deerfield, OH

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#30. Deerfield, OH

- Typical home value: $248,475
- 1-year price change: +6.6%
- 5-year price change: +37.3%

#29. Kent, OH

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#29. Kent, OH

- Typical home value: $252,969
- 1-year price change: +4.6%
- 5-year price change: +29.8%

#28. Norton, OH

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#28. Norton, OH

- Typical home value: $253,924
- 1-year price change: +5.2%
- 5-year price change: +31.5%

#27. Mogadore, OH

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#27. Mogadore, OH

- Typical home value: $266,127
- 1-year price change: +5.3%
- 5-year price change: +31.5%

#26. Munroe Falls, OH

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#26. Munroe Falls, OH

- Typical home value: $278,581
- 1-year price change: +2.6%
- 5-year price change: +27.5%

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#25. Clinton, OH

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#25. Clinton, OH

- Typical home value: $280,500
- 1-year price change: +3.7%
- 5-year price change: +27.3%

#24. Rootstown, OH

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#24. Rootstown, OH

- Typical home value: $280,915
- 1-year price change: +6.7%
- 5-year price change: +31.4%

#23. Streetsboro, OH

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#23. Streetsboro, OH

- Typical home value: $288,220
- 1-year price change: +3.5%
- 5-year price change: +27.1%

#22. Tallmadge, OH

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#22. Tallmadge, OH

- Typical home value: $290,028
- 1-year price change: +3.7%
- 5-year price change: +27.8%

#20. Garrettsville, OH

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#20. Garrettsville, OH

- Typical home value: $292,485
- 1-year price change: +6.6%
- 5-year price change: +32.2%

#19. Diamond, OH

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#19. Diamond, OH

- Typical home value: $296,741
- 1-year price change: +6.7%
- 5-year price change: +33.8%

#18. Northfield, OH

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#18. Northfield, OH

- Typical home value: $302,715
- 1-year price change: +2.7%
- 5-year price change: +24.8%

#17. Mantua, OH

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#17. Mantua, OH

- Typical home value: $304,383
- 1-year price change: +6.1%
- 5-year price change: +29.4%

#16. Atwater, OH

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#16. Atwater, OH

- Typical home value: $311,002
- 1-year price change: +5.6%
- 5-year price change: +31.7%

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#15. Fairlawn, OH

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#15. Fairlawn, OH

- Typical home value: $318,933
- 1-year price change: +3.9%
- 5-year price change: +27.0%

#14. Uniontown, OH

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#14. Uniontown, OH

- Typical home value: $325,220
- 1-year price change: +3.4%
- 5-year price change: +29.6%

#13. Hiram, OH

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#13. Hiram, OH

- Typical home value: $343,524
- 1-year price change: +5.3%
- 5-year price change: +28.6%

#12. Copley, OH

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#12. Copley, OH

- Typical home value: $344,334
- 1-year price change: +3.8%
- 5-year price change: +25.1%

#10. Reminderville, OH

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#10. Reminderville, OH

- Typical home value: $354,500
- 1-year price change: +1.8%
- 5-year price change: +26.0%

#9. Twinsburg, OH

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#9. Twinsburg, OH

- Typical home value: $358,645
- 1-year price change: +2.0%
- 5-year price change: +27.1%

#8. Silver Lake, OH

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#8. Silver Lake, OH

- Typical home value: $370,036
- 1-year price change: +5.5%
- 5-year price change: +28.3%

#7. Peninsula, OH

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#7. Peninsula, OH

- Typical home value: $379,748
- 1-year price change: +4.7%
- 5-year price change: +24.2%

#5. Sugar Bush Knolls, OH

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#5. Sugar Bush Knolls, OH

- Typical home value: $442,279
- 1-year price change: +3.6%
- 5-year price change: +24.0%

#4. Richfield, OH

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#4. Richfield, OH

- Typical home value: $506,063
- 1-year price change: +3.9%
- 5-year price change: +23.8%

#3. Montrose-Ghent, OH

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#3. Montrose-Ghent, OH

- Typical home value: $538,188
- 1-year price change: +3.3%
- 5-year price change: +26.9%

#2. Boston Heights, OH

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#2. Boston Heights, OH

- Typical home value: $545,463
- 1-year price change: +3.3%
- 5-year price change: +25.3%