Cities with the most expensive homes in Sebring metro area

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April 19, 2023
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Cities with the most expensive homes in Sebring 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. Given the current state of the real estate market, plays a determining role for buyers. As of April 4, 2023, the sits at 6.3%. As a result of higher mortgage rates across the board, home prices have risen significantly. The typical home value in the United States increased over the last year by 4.4% to $328,604.

Although home prices have inflated all across the U.S., there are definitely certain areas that have a higher price tag than others. Location, size, age, and condition are all contributing factors to home value. Whether you choose to hold off your home-buying plans in hopes of the market cooling down or are looking to buy ASAP, it's good to educate yourself on the market in different cities.

compiled a list of cities with the most expensive homes in Sebring using data from . Cities are ranked by the Zillow Home Values Index for all homes as of February 2023. The ZVHI represents a seasonally adjusted price for the middle market for all homes. All 5 cities and towns with data available were included in the list. Charts for each city show the monthly typical home value since January 2018.

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#5. Avon Park, FL

- Typical home value: $196,033
- 1-year price change: +11.7%
- 5-year price change: +90.4%

2 / 5
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#4. Sebring, FL

- Typical home value: $230,661
- 1-year price change: +11.6%
- 5-year price change: +79.8%

3 / 5
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#3. Lorida, FL

- Typical home value: $244,129
- 1-year price change: +13.9%
- 5-year price change: +80.0%

4 / 5
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#2. Lake Placid, FL

- Typical home value: $251,354
- 1-year price change: +10.6%
- 5-year price change: +80.2%

5 / 5
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#1. Venus, FL

- Typical home value: $328,379
- 1-year price change: +16.4%
- 5-year price change: +138.0%

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