Cities with the most expensive homes in the Enid metro area
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 $372,057 in June, 1.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 16, the sits at 6.55%.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.
#11. Billings, OK
- Typical home value: $86,698
- 1-year price change: -5.8%
- 5-year price change: -7.5%
#10. Covington, OK
- Typical home value: $107,395
- 1-year price change: -0.0%
- 5-year price change: +0.9%
#9. Garber, OK
- Typical home value: $112,223
- 1-year price change: +9.1%
- 5-year price change: +10.2%
#8. Goltry, OK
- Typical home value: $112,712
- 1-year price change: +9.3%
- 5-year price change: -7.1%
#7. Enid, OK
- Typical home value: $138,538
- 1-year price change: +3.7%
- 5-year price change: +22.8%
#6. Waukomis, OK
- Typical home value: $139,971
- 1-year price change: +3.3%
- 5-year price change: +8.6%
#5. Lahoma, OK
- Typical home value: $155,893
- 1-year price change: +5.2%
- 5-year price change: +23.0%
#4. Kremlin, OK
- Typical home value: $161,722
- 1-year price change: +3.4%
- 5-year price change: +12.5%
#3. North Enid, OK
- Typical home value: $184,964
- 1-year price change: +1.7%
- 5-year price change: +13.3%
#2. Drummond, OK
- Typical home value: $185,676
- 1-year price change: +2.4%
- 5-year price change: +20.8%
#1. Lucien, OK
- Typical home value: $187,836
- 1-year price change: +4.6%
- 5-year price change: +21.0%