Cities with the most expensive homes in the Tallahassee metro area
Cities with the most expensive homes in the Tallahassee 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 Tallahassee metro area using data from . Charts show the monthly typical home value since January 2018. All 11 cities and towns with data available were included in the list.
#11. Gretna, FL
- Typical home value: $82,194
- 1-year price change: -15.0%
- 5-year price change: +17.7%
#10. Chattahoochee, FL
- Typical home value: $108,658
- 1-year price change: -17.5%
- 5-year price change: +30.2%
#9. Quincy, FL
- Typical home value: $166,653
- 1-year price change: -4.7%
- 5-year price change: +44.0%
#8. Lamont, FL
- Typical home value: $192,695
- 1-year price change: -2.5%
- 5-year price change: +39.8%
#7. Sopchoppy, FL
- Typical home value: $239,801
- 1-year price change: -4.0%
- 5-year price change: +37.7%
#6. Midway, FL
- Typical home value: $246,374
- 1-year price change: -2.4%
- 5-year price change: +44.2%
#5. Havana, FL
- Typical home value: $260,501
- 1-year price change: -3.1%
- 5-year price change: +38.7%
#4. Crawfordville, FL
- Typical home value: $281,436
- 1-year price change: -0.8%
- 5-year price change: +37.1%
#3. Tallahassee, FL
- Typical home value: $282,134
- 1-year price change: -0.7%
- 5-year price change: +27.5%
#2. Monticello, FL
- Typical home value: $302,743
- 1-year price change: -1.1%
- 5-year price change: +42.5%
#1. Panacea, FL
- Typical home value: $376,787
- 1-year price change: -4.5%
- 5-year price change: +46.5%