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Cities with the most expensive homes in the Enid metro area

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FOTOGRIN // Shutterstock
FOTOGRIN // 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 Enid metro area using data from . Charts show the monthly typical home value since January 2018. All 11 cities and towns with data available were included in the list.

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#11. Billings, OK

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#11. Billings, OK

- Typical home value: $83,859
- 1-year price change: -5.8%
- 5-year price change: -1.9%

#10. Covington, OK

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#10. Covington, OK

- Typical home value: $104,732
- 1-year price change: -3.1%
- 5-year price change: +3.3%

#9. Garber, OK

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#9. Garber, OK

- Typical home value: $107,894
- 1-year price change: +8.1%
- 5-year price change: +14.4%

#8. Goltry, OK

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#8. Goltry, OK

- Typical home value: $115,461
- 1-year price change: +13.3%
- 5-year price change: -3.8%

#7. Enid, OK

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5 / 11

#7. Enid, OK

- Typical home value: $136,865
- 1-year price change: +3.1%
- 5-year price change: +22.0%

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#6. Waukomis, OK

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6 / 11

#6. Waukomis, OK

- Typical home value: $138,034
- 1-year price change: +1.8%
- 5-year price change: +8.9%

#5. Lahoma, OK

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#5. Lahoma, OK

- Typical home value: $158,586
- 1-year price change: +4.3%
- 5-year price change: +25.4%

#4. Kremlin, OK

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#4. Kremlin, OK

- Typical home value: $159,914
- 1-year price change: +3.2%
- 5-year price change: +15.2%

#3. Drummond, OK

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#3. Drummond, OK

- Typical home value: $181,729
- 1-year price change: +0.9%
- 5-year price change: +17.4%

#1. Lucien, OK

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#1. Lucien, OK

- Typical home value: $189,432
- 1-year price change: +5.1%
- 5-year price change: +21.1%