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Cities with the most expensive homes in the Spartanburg metro area

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Arina P Habich // Shutterstock
Arina P Habich // 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 Spartanburg metro area using data from . Charts show the monthly typical home value since January 2018. All 15 cities and towns with data available were included in the list.

You may also like: The 30 most popular homes for sale in Spartanburg

#15. Startex, SC

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#15. Startex, SC

- Typical home value: $149,101
- 1-year price change: +7.4%
- 5-year price change: +53.8%

#14. Enoree, SC

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#14. Enoree, SC

- Typical home value: $207,932
- 1-year price change: +6.1%
- 5-year price change: +17.6%

#13. Spartanburg, SC

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#13. Spartanburg, SC

- Typical home value: $232,218
- 1-year price change: +1.1%
- 5-year price change: +29.8%

#12. Wellford, SC

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#12. Wellford, SC

- Typical home value: $269,198
- 1-year price change: +2.1%
- 5-year price change: +33.2%

#10. Roebuck, SC

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#10. Roebuck, SC

- Typical home value: $280,976
- 1-year price change: +1.4%
- 5-year price change: +29.0%

#9. Woodruff, SC

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#9. Woodruff, SC

- Typical home value: $282,053
- 1-year price change: +1.2%
- 5-year price change: +30.1%

#8. Moore, SC

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#8. Moore, SC

- Typical home value: $293,427
- 1-year price change: +0.9%
- 5-year price change: +24.5%

#7. Chesnee, SC

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#7. Chesnee, SC

- Typical home value: $294,770
- 1-year price change: +3.4%
- 5-year price change: +36.6%

#5. Lyman, SC

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#5. Lyman, SC

- Typical home value: $304,467
- 1-year price change: +2.0%
- 5-year price change: +27.8%

#4. Duncan, SC

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#4. Duncan, SC

- Typical home value: $308,409
- 1-year price change: +1.2%
- 5-year price change: +25.1%

#3. Reidville, SC

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#3. Reidville, SC

- Typical home value: $314,392
- 1-year price change: +1.3%
- 5-year price change: +21.9%

#2. Pauline, SC

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#2. Pauline, SC

- Typical home value: $333,523
- 1-year price change: +6.2%
- 5-year price change: +41.6%