Cities with the most expensive homes in the Sierra Vista metro area
Cities with the most expensive homes in the Sierra Vista 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 $359,078 in December, 0.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of January 15, the sits at 6.06%.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 Sierra Vista metro area using data from . Charts show the monthly typical home value since January 2018. All 12 cities and towns with data available were included in the list.
#12. Douglas, AZ
- Typical home value: $167,531
- 1-year price change: +1.9%
- 5-year price change: +18.7%
#11. Mc Neal, AZ
- Typical home value: $179,678
- 1-year price change: -9.0%
- 5-year price change: -14.3%
#10. Pearce, AZ
- Typical home value: $195,349
- 1-year price change: -3.5%
- 5-year price change: +26.8%
#9. Elfrida, AZ
- Typical home value: $202,738
- 1-year price change: -3.9%
- 5-year price change: +3.0%
#8. Huachuca City, AZ
- Typical home value: $212,229
- 1-year price change: -0.5%
- 5-year price change: +26.4%
#7. Bisbee, AZ
- Typical home value: $220,272
- 1-year price change: -2.1%
- 5-year price change: +32.7%
#6. Tombstone, AZ
- Typical home value: $223,570
- 1-year price change: -1.2%
- 5-year price change: +16.3%
#5. Cochise, AZ
- Typical home value: $229,834
- 1-year price change: +0.2%
- 5-year price change: +23.4%
#4. Benson, AZ
- Typical home value: $244,464
- 1-year price change: +2.0%
- 5-year price change: +28.8%
#3. Sierra Vista, AZ
- Typical home value: $295,411
- 1-year price change: +2.4%
- 5-year price change: +32.6%
#2. Saint David, AZ
- Typical home value: $296,880
- 1-year price change: +1.1%
- 5-year price change: +27.5%
#1. Hereford, AZ
- Typical home value: $375,493
- 1-year price change: +1.7%
- 5-year price change: +30.4%