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1 / 10#10. Beaverdam, OH
- Typical home value: $128,092
- 1-year price change: +2.9%
- 5-year price change: +14.2%
Cities with the most expensive homes in the Lima metro area
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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 Lima metro area using data from . Charts show the monthly typical home value since January 2018. All 10 cities and towns with data available were included in the list.
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2 / 10#9. Cairo, OH
- Typical home value: $141,643
- 1-year price change: +1.9%
- 5-year price change: +22.0%
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3 / 10#8. Lima, OH
- Typical home value: $152,442
- 1-year price change: +4.3%
- 5-year price change: +30.6%
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4 / 10#7. Spencerville, OH
- Typical home value: $202,875
- 1-year price change: +7.8%
- 5-year price change: +30.0%
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5 / 10#6. Delphos, OH
- Typical home value: $203,253
- 1-year price change: +5.3%
- 5-year price change: +32.1%
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6 / 10#5. Fort Shawnee, OH
- Typical home value: $219,824
- 1-year price change: +6.3%
- 5-year price change: +36.1%
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7 / 10#4. Harrod, OH
- Typical home value: $245,309
- 1-year price change: +6.9%
- 5-year price change: +34.7%
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8 / 10#3. Columbus Grove, OH
- Typical home value: $247,210
- 1-year price change: +8.1%
- 5-year price change: +35.1%
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9 / 10#2. Elida, OH
- Typical home value: $251,800
- 1-year price change: +5.8%
- 5-year price change: +31.3%
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10 / 10#1. Bluffton, OH
- Typical home value: $277,950
- 1-year price change: +5.3%
- 5-year price change: +28.3%
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