Cities with the most expensive homes in the Providence 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 $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 Providence metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 60 cities and towns.

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#30. Tiverton, RI

- Typical home value: $556,840
- 1-year price change: +2.6%
- 5-year price change: +32.9%

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#29. Scituate, RI

- Typical home value: $557,991
- 1-year price change: +3.5%
- 5-year price change: +28.3%

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#28. West Greenwich, RI

- Typical home value: $570,501
- 1-year price change: -0.5%
- 5-year price change: +32.2%

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#27. Seekonk, MA

- Typical home value: $582,975
- 1-year price change: +3.9%
- 5-year price change: +29.5%

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#26. Dighton, MA

- Typical home value: $583,355
- 1-year price change: +3.3%
- 5-year price change: +25.8%

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#25. Freetown, MA

- Typical home value: $594,083
- 1-year price change: +4.7%
- 5-year price change: +31.4%

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#24. Norton, MA

- Typical home value: $597,596
- 1-year price change: +3.9%
- 5-year price change: +29.4%

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#23. North Attleboro, MA

- Typical home value: $609,963
- 1-year price change: +2.9%
- 5-year price change: +28.8%

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#22. Bristol, RI

- Typical home value: $616,277
- 1-year price change: +2.6%
- 5-year price change: +29.1%

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#21. Dartmouth, MA

- Typical home value: $616,653
- 1-year price change: +5.6%
- 5-year price change: +31.5%

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#20. Exeter, RI

- Typical home value: $623,763
- 1-year price change: +2.7%
- 5-year price change: +36.0%

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#19. Berkley, MA

- Typical home value: $634,100
- 1-year price change: +4.4%
- 5-year price change: +29.1%

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#18. Westerly, RI

- Typical home value: $638,610
- 1-year price change: +8.7%
- 5-year price change: +38.3%

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#17. Raynham, MA

- Typical home value: $643,886
- 1-year price change: +3.0%
- 5-year price change: +28.3%

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#16. Rehoboth, MA

- Typical home value: $675,639
- 1-year price change: +4.5%
- 5-year price change: +27.1%

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#15. Westport, MA

- Typical home value: $677,017
- 1-year price change: +6.2%
- 5-year price change: +24.0%

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#14. North Kingstown, RI

- Typical home value: $683,706
- 1-year price change: +6.9%
- 5-year price change: +39.0%

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#13. Portsmouth, RI

- Typical home value: $694,758
- 1-year price change: +3.7%
- 5-year price change: +31.7%

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#12. Easton, MA

- Typical home value: $695,673
- 1-year price change: +4.1%
- 5-year price change: +27.2%

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#11. Charlestown, RI

- Typical home value: $703,140
- 1-year price change: +3.9%
- 5-year price change: +35.0%

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#10. Mansfield, MA

- Typical home value: $714,862
- 1-year price change: +3.2%
- 5-year price change: +29.8%

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#9. South Kingstown, RI

- Typical home value: $726,026
- 1-year price change: +6.5%
- 5-year price change: +39.0%

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#8. Middletown, RI

- Typical home value: $766,860
- 1-year price change: +5.5%
- 5-year price change: +40.8%

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#7. Barrington, RI

- Typical home value: $803,126
- 1-year price change: +3.4%
- 5-year price change: +39.1%

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#6. East Greenwich, RI

- Typical home value: $812,975
- 1-year price change: +3.6%
- 5-year price change: +44.0%

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#5. Narragansett, RI

- Typical home value: $867,162
- 1-year price change: +5.3%
- 5-year price change: +43.1%

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#4. Newport, RI

- Typical home value: $965,074
- 1-year price change: +8.5%
- 5-year price change: +40.4%

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#3. Little Compton, RI

- Typical home value: $986,334
- 1-year price change: +4.6%
- 5-year price change: +35.2%

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#2. Jamestown, RI

- Typical home value: $1,203,837
- 1-year price change: +11.0%
- 5-year price change: +36.9%

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#1. New Shoreham, RI

- Typical home value: $1,842,131
- 1-year price change: +3.6%
- 5-year price change: +55.3%

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