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Cities with the most expensive homes in the Columbia metro area

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4 PM production // Shutterstock
4 PM production // 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 Columbia metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 36 cities and towns.

You may also like: The highest-value homes in Columbia

#30. Jenkinsville, SC

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#30. Jenkinsville, SC

- Typical home value: $168,611
- 1-year price change: -2.3%
- 5-year price change: data not available

#29. Winnsboro, SC

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#29. Winnsboro, SC

- Typical home value: $169,049
- 1-year price change: +2.2%
- 5-year price change: -19.1%

#28. Bethune, SC

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#28. Bethune, SC

- Typical home value: $179,854
- 1-year price change: +1.6%
- 5-year price change: +3.8%

#27. Elloree, SC

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#27. Elloree, SC

- Typical home value: $183,560
- 1-year price change: -2.0%
- 5-year price change: +0.5%

#25. Batesburg-Leesville, SC

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#25. Batesburg-Leesville, SC

- Typical home value: $183,599
- 1-year price change: +4.2%
- 5-year price change: +18.0%

#24. Saint Matthews, SC

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#24. Saint Matthews, SC

- Typical home value: $187,742
- 1-year price change: +6.2%
- 5-year price change: +12.3%

#23. Cassatt, SC

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#23. Cassatt, SC

- Typical home value: $192,585
- 1-year price change: -0.8%
- 5-year price change: +1.1%

#22. Hopkins, SC

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#22. Hopkins, SC

- Typical home value: $197,186
- 1-year price change: -1.2%
- 5-year price change: +27.9%

#20. Summit, SC

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#20. Summit, SC

- Typical home value: $229,292
- 1-year price change: +4.9%
- 5-year price change: +23.5%

#19. South Congaree, SC

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#19. South Congaree, SC

- Typical home value: $230,097
- 1-year price change: +1.3%
- 5-year price change: +32.1%

#18. Columbia, SC

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#18. Columbia, SC

- Typical home value: $230,191
- 1-year price change: +1.2%
- 5-year price change: +29.8%

#17. West Columbia, SC

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#17. West Columbia, SC

- Typical home value: $230,407
- 1-year price change: +2.5%
- 5-year price change: +30.4%

#15. Cameron, SC

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#15. Cameron, SC

- Typical home value: $238,622
- 1-year price change: +4.8%
- 5-year price change: +20.5%

#14. Oak Grove, SC

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#14. Oak Grove, SC

- Typical home value: $241,969
- 1-year price change: +2.1%
- 5-year price change: +31.7%

#13. Camden, SC

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#13. Camden, SC

- Typical home value: $252,634
- 1-year price change: +3.1%
- 5-year price change: +21.6%

#12. Pine Ridge, SC

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#12. Pine Ridge, SC

- Typical home value: $261,080
- 1-year price change: -0.5%
- 5-year price change: +31.7%

#10. Lugoff, SC

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#10. Lugoff, SC

- Typical home value: $269,200
- 1-year price change: +3.6%
- 5-year price change: +27.3%

#9. Springdale, SC

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#9. Springdale, SC

- Typical home value: $275,843
- 1-year price change: +2.3%
- 5-year price change: +27.2%

#8. Irmo, SC

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#8. Irmo, SC

- Typical home value: $281,024
- 1-year price change: +0.9%
- 5-year price change: +27.6%

#7. Elgin, SC

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#7. Elgin, SC

- Typical home value: $299,844
- 1-year price change: +2.1%
- 5-year price change: +24.5%

#5. Ridgeway, SC

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#5. Ridgeway, SC

- Typical home value: $307,310
- 1-year price change: +1.8%
- 5-year price change: +14.4%

#4. Forest Acres, SC

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#4. Forest Acres, SC

- Typical home value: $336,670
- 1-year price change: +5.2%
- 5-year price change: +34.6%

#3. Gilbert, SC

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#3. Gilbert, SC

- Typical home value: $336,907
- 1-year price change: +3.1%
- 5-year price change: +26.2%

#2. Blythewood, SC

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#2. Blythewood, SC

- Typical home value: $340,794
- 1-year price change: +0.9%
- 5-year price change: +20.4%