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Cities with the most expensive homes in the Staunton metro area

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Volodymyr Kyrylyuk // Shutterstock
Volodymyr Kyrylyuk // 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 Staunton metro area using data from . Charts show the monthly typical home value since January 2018. All 21 cities and towns with data available were included in the list.

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#21. Craigsville, VA

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#21. Craigsville, VA

- Typical home value: $170,986
- 1-year price change: +2.1%
- 5-year price change: +19.6%

#20. Goshen, VA

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#20. Goshen, VA

- Typical home value: $218,129
- 1-year price change: +4.9%
- 5-year price change: +20.5%

#19. Deerfield, VA

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#19. Deerfield, VA

- Typical home value: $272,495
- 1-year price change: +6.5%
- 5-year price change: +18.2%

#18. West Augusta, VA

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#18. West Augusta, VA

- Typical home value: $277,897
- 1-year price change: +5.9%
- 5-year price change: +24.7%

#16. Staunton, VA

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#16. Staunton, VA

- Typical home value: $316,193
- 1-year price change: +4.8%
- 5-year price change: +30.7%

#15. Waynesboro, VA

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#15. Waynesboro, VA

- Typical home value: $317,127
- 1-year price change: +3.1%
- 5-year price change: +24.8%

#14. Verona, VA

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#14. Verona, VA

- Typical home value: $317,253
- 1-year price change: +5.7%
- 5-year price change: +30.9%

#13. Greenville, VA

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#13. Greenville, VA

- Typical home value: $319,156
- 1-year price change: +7.0%
- 5-year price change: +23.5%

#11. Weyers Cave, VA

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#11. Weyers Cave, VA

- Typical home value: $353,455
- 1-year price change: +5.8%
- 5-year price change: +27.5%

#10. Lyndhurst, VA

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#10. Lyndhurst, VA

- Typical home value: $356,716
- 1-year price change: +6.8%
- 5-year price change: +26.1%

#9. Stuarts Draft, VA

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#9. Stuarts Draft, VA

- Typical home value: $359,034
- 1-year price change: +6.0%
- 5-year price change: +28.4%

#8. Churchville, VA

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#8. Churchville, VA

- Typical home value: $362,125
- 1-year price change: +6.9%
- 5-year price change: +24.7%

#6. Raphine, VA

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#6. Raphine, VA

- Typical home value: $376,914
- 1-year price change: +7.2%
- 5-year price change: +28.0%

#5. Swoope, VA

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#5. Swoope, VA

- Typical home value: $379,353
- 1-year price change: +7.7%
- 5-year price change: +22.2%

#4. Fishersville, VA

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#4. Fishersville, VA

- Typical home value: $401,318
- 1-year price change: +3.3%
- 5-year price change: +18.3%

#3. Mount Sidney, VA

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#3. Mount Sidney, VA

- Typical home value: $411,182
- 1-year price change: +7.6%
- 5-year price change: +26.1%

#1. Fort Defiance, VA

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#1. Fort Defiance, VA

- Typical home value: $438,960
- 1-year price change: +5.3%
- 5-year price change: +21.2%