Cities with the most expensive homes in the Norfolk 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 Norfolk metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 59 cities and towns.

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#30. Windsor, VA

- Typical home value: $354,499
- 1-year price change: +4.2%
- 5-year price change: +19.1%

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#29. Shiloh, NC

- Typical home value: $357,496
- 1-year price change: +2.6%
- 5-year price change: +35.3%

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#28. Jarvisburg, NC

- Typical home value: $358,058
- 1-year price change: -1.2%
- 5-year price change: +32.1%

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#27. Poplar Branch, NC

- Typical home value: $359,006
- 1-year price change: +0.4%
- 5-year price change: +28.0%

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#26. Hayes, VA

- Typical home value: $370,526
- 1-year price change: +5.5%
- 5-year price change: +27.9%

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#25. Hartfield, VA

- Typical home value: $378,147
- 1-year price change: +2.4%
- 5-year price change: +28.5%

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#24. Gloucester, VA

- Typical home value: $383,248
- 1-year price change: +3.5%
- 5-year price change: +31.1%

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#23. Suffolk, VA

- Typical home value: $389,533
- 1-year price change: +2.7%
- 5-year price change: +26.8%

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#22. Camden, NC

- Typical home value: $389,722
- 1-year price change: +2.8%
- 5-year price change: +33.0%

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#21. Grandy, NC

- Typical home value: $395,223
- 1-year price change: +0.5%
- 5-year price change: +32.9%

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#20. Shawboro, NC

- Typical home value: $395,733
- 1-year price change: +1.6%
- 5-year price change: +30.1%

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#19. Smithfield, VA

- Typical home value: $407,033
- 1-year price change: +2.8%
- 5-year price change: +14.3%

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#18. Knotts Island, NC

- Typical home value: $407,898
- 1-year price change: -0.2%
- 5-year price change: +27.5%

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#17. Powells Point, NC

- Typical home value: $408,544
- 1-year price change: +3.1%
- 5-year price change: +38.5%

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#16. Aydlett, NC

- Typical home value: $410,475
- 1-year price change: +1.7%
- 5-year price change: +24.8%

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#15. Carrollton, VA

- Typical home value: $418,127
- 1-year price change: +1.6%
- 5-year price change: +14.5%

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#14. South Mills, NC

- Typical home value: $418,227
- 1-year price change: +2.9%
- 5-year price change: +33.3%

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#13. Chesapeake, VA

- Typical home value: $425,375
- 1-year price change: +3.6%
- 5-year price change: +27.2%

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#12. Virginia Beach, VA

- Typical home value: $427,730
- 1-year price change: +3.3%
- 5-year price change: +24.4%

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#11. Currituck, NC

- Typical home value: $447,148
- 1-year price change: +1.4%
- 5-year price change: +25.6%

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#10. Coinjock, NC

- Typical home value: $449,000
- 1-year price change: +1.9%
- 5-year price change: +26.7%

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#9. Toano, VA

- Typical home value: $460,207
- 1-year price change: +2.2%
- 5-year price change: +24.9%

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#8. Poquoson, VA

- Typical home value: $463,662
- 1-year price change: +1.6%
- 5-year price change: +22.5%

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#7. Williamsburg, VA

- Typical home value: $467,894
- 1-year price change: +1.9%
- 5-year price change: +28.6%

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#6. Yorktown, VA

- Typical home value: $482,013
- 1-year price change: +2.4%
- 5-year price change: +26.6%

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#5. Harbinger, NC

- Typical home value: $488,408
- 1-year price change: +1.8%
- 5-year price change: +36.2%

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#4. Point Harbor, NC

- Typical home value: $496,747
- 1-year price change: +4.0%
- 5-year price change: +43.3%

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#3. Moyock, NC

- Typical home value: $497,526
- 1-year price change: +1.8%
- 5-year price change: +27.2%

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#2. Seaford, VA

- Typical home value: $501,158
- 1-year price change: +2.0%
- 5-year price change: +25.2%

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#1. Corolla, NC

- Typical home value: $881,551
- 1-year price change: -1.1%
- 5-year price change: +24.6%

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