Cities with the most expensive homes in the Sebastian metro area
Cities with the most expensive homes in the Sebastian 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 Sebastian metro area using data from . Charts show the monthly typical home value since January 2018. All 4 cities and towns with data available were included in the list.
#4. Fellsmere, FL
- Typical home value: $230,542
- 1-year price change: -1.2%
- 5-year price change: +41.0%
#3. Sebastian, FL
- Typical home value: $340,062
- 1-year price change: -3.9%
- 5-year price change: +38.6%
#2. Vero Beach, FL
- Typical home value: $355,071
- 1-year price change: -6.0%
- 5-year price change: +37.8%
#1. Indian River Shores, FL
- Typical home value: $1,326,311
- 1-year price change: -7.8%
- 5-year price change: +62.2%