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1 / 15#15. Hamlin, TX
- Typical home value: $108,202
- 1-year price change: +3.3%
- 5-year price change: +9.1%
Cities with the most expensive homes in the Abilene metro area
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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 Abilene 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.
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2 / 15#14. Stamford, TX
- Typical home value: $111,627
- 1-year price change: +1.5%
- 5-year price change: -10.7%
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3 / 15#13. Tye, TX
- Typical home value: $143,694
- 1-year price change: +4.3%
- 5-year price change: +3.5%
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4 / 15#12. Anson, TX
- Typical home value: $152,632
- 1-year price change: +8.1%
- 5-year price change: +12.1%
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5 / 15#11. Cisco, TX
- Typical home value: $157,457
- 1-year price change: +2.0%
- 5-year price change: -11.9%
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6 / 15#10. Lawn, TX
- Typical home value: $183,211
- 1-year price change: +5.3%
- 5-year price change: +20.2%
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7 / 15#9. Cross Plains, TX
- Typical home value: $199,719
- 1-year price change: +4.6%
- 5-year price change: -2.6%
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8 / 15#8. Baird, TX
- Typical home value: $201,171
- 1-year price change: +7.6%
- 5-year price change: +2.0%
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9 / 15#7. Merkel, TX
- Typical home value: $207,830
- 1-year price change: +7.1%
- 5-year price change: +24.3%
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10 / 15#6. Abilene, TX
- Typical home value: $224,585
- 1-year price change: +9.2%
- 5-year price change: +28.8%
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11 / 15#5. Clyde, TX
- Typical home value: $230,712
- 1-year price change: +8.1%
- 5-year price change: +14.3%
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12 / 15#4. Hawley, TX
- Typical home value: $268,377
- 1-year price change: +5.9%
- 5-year price change: +13.7%
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13 / 15#3. Buffalo Gap, TX
- Typical home value: $276,097
- 1-year price change: +7.7%
- 5-year price change: +23.7%
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14 / 15#2. Tuscola, TX
- Typical home value: $408,552
- 1-year price change: +6.9%
- 5-year price change: +26.9%
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15 / 15#1. Ovalo, TX
- Typical home value: $474,219
- 1-year price change: +7.3%
- 5-year price change: +31.5%
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