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Cities with the most expensive homes in the Winchester metro area

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scarp577 // Shutterstock
scarp577 // 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 Winchester metro area using data from . Charts show the monthly typical home value since January 2018. All 23 cities and towns with data available were included in the list.

You may also like: Winchester mid-year housing market review

#23. Springfield, WV

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#23. Springfield, WV

- Typical home value: $191,448
- 1-year price change: +2.1%
- 5-year price change: +32.4%

#22. Levels, WV

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#22. Levels, WV

- Typical home value: $215,071
- 1-year price change: +0.2%
- 5-year price change: +37.4%

#21. Purgitsville, WV

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#21. Purgitsville, WV

- Typical home value: $224,798
- 1-year price change: -0.5%
- 5-year price change: +21.6%

#20. Green Spring, WV

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#20. Green Spring, WV

- Typical home value: $228,186
- 1-year price change: +4.9%
- 5-year price change: +37.0%

#18. Wardensville, WV

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#18. Wardensville, WV

- Typical home value: $236,691
- 1-year price change: +3.2%
- 5-year price change: +34.4%

#17. Romney, WV

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#17. Romney, WV

- Typical home value: $239,133
- 1-year price change: +3.5%
- 5-year price change: +32.9%

#16. Old Fields, WV

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#16. Old Fields, WV

- Typical home value: $240,437
- 1-year price change: -1.3%
- 5-year price change: +21.1%

#15. Paw Paw, WV

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#15. Paw Paw, WV

- Typical home value: $242,621
- 1-year price change: +3.0%
- 5-year price change: +34.4%

#13. Points, WV

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#13. Points, WV

- Typical home value: $278,592
- 1-year price change: +1.6%
- 5-year price change: +32.7%

#12. High View, WV

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#12. High View, WV

- Typical home value: $286,934
- 1-year price change: +4.4%
- 5-year price change: +31.3%

#11. Bloomery, WV

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#11. Bloomery, WV

- Typical home value: $288,173
- 1-year price change: +3.8%
- 5-year price change: +33.8%

#10. Slanesville, WV

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#10. Slanesville, WV

- Typical home value: $305,293
- 1-year price change: +6.8%
- 5-year price change: +40.5%

#8. Winchester, VA

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#8. Winchester, VA

- Typical home value: $400,684
- 1-year price change: +1.3%
- 5-year price change: +21.6%

#7. Stephens City, VA

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#7. Stephens City, VA

- Typical home value: $429,023
- 1-year price change: +0.6%
- 5-year price change: +19.3%

#6. Cross Junction, VA

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#6. Cross Junction, VA

- Typical home value: $438,116
- 1-year price change: +2.9%
- 5-year price change: +25.4%

#5. Gore, VA

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#5. Gore, VA

- Typical home value: $441,210
- 1-year price change: +5.5%
- 5-year price change: +26.9%

#3. Middletown, VA

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#3. Middletown, VA

- Typical home value: $451,600
- 1-year price change: +2.5%
- 5-year price change: +20.9%

#2. Stephenson, VA

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#2. Stephenson, VA

- Typical home value: $458,997
- 1-year price change: +0.7%
- 5-year price change: +17.2%

#1. Clear Brook, VA

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#1. Clear Brook, VA

- Typical home value: $478,320
- 1-year price change: +6.3%
- 5-year price change: +27.0%