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Cities with the most expensive homes in the Albany, Oregon metro area

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ungvar // Shutterstock
ungvar // 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 Albany, Oregon metro area using data from . Charts show the monthly typical home value since January 2018. All 14 cities and towns with data available were included in the list.

You may also like: Cities with the fastest-growing home prices in the Albany, Oregon metro area

#14. Sweet Home, OR

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#14. Sweet Home, OR

- Typical home value: $349,781
- 1-year price change: -0.6%
- 5-year price change: +15.4%

#13. Mill City, OR

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#13. Mill City, OR

- Typical home value: $363,510
- 1-year price change: +1.2%
- 5-year price change: +18.4%

#12. Lebanon, OR

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#12. Lebanon, OR

- Typical home value: $392,911
- 1-year price change: +0.5%
- 5-year price change: +16.5%

#11. Halsey, OR

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#11. Halsey, OR

- Typical home value: $394,218
- 1-year price change: -1.4%
- 5-year price change: +14.1%

#9. Albany, OR

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#9. Albany, OR

- Typical home value: $434,335
- 1-year price change: +0.2%
- 5-year price change: +16.9%

#8. Brownsville, OR

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#8. Brownsville, OR

- Typical home value: $443,413
- 1-year price change: +0.8%
- 5-year price change: +15.3%

#7. Tangent, OR

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#7. Tangent, OR

- Typical home value: $461,096
- 1-year price change: +1.4%
- 5-year price change: +20.9%

#6. Gates, OR

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#6. Gates, OR

- Typical home value: $467,922
- 1-year price change: +4.9%
- 5-year price change: +13.7%

#4. Scio, OR

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#4. Scio, OR

- Typical home value: $576,059
- 1-year price change: +4.4%
- 5-year price change: +21.8%

#3. Shedd, OR

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#3. Shedd, OR

- Typical home value: $602,290
- 1-year price change: +3.5%
- 5-year price change: +18.9%

#2. Millersburg, OR

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#2. Millersburg, OR

- Typical home value: $605,893
- 1-year price change: +0.7%
- 5-year price change: +21.2%

#1. Sisters, OR

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#1. Sisters, OR

- Typical home value: $782,742
- 1-year price change: -2.4%
- 5-year price change: +10.6%