Cities with the most expensive homes in the Twin Falls metro area
Cities with the most expensive homes in the Twin Falls 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 Twin Falls metro area using data from . Charts show the monthly typical home value since January 2018. All 10 cities and towns with data available were included in the list.
#10. Paul, ID
- Typical home value: $321,233
- 1-year price change: +1.3%
- 5-year price change: +53.1%
#9. Hansen, ID
- Typical home value: $323,486
- 1-year price change: +3.4%
- 5-year price change: +46.5%
#8. Buhl, ID
- Typical home value: $357,588
- 1-year price change: +3.0%
- 5-year price change: +51.1%
#7. Twin Falls, ID
- Typical home value: $358,371
- 1-year price change: +2.3%
- 5-year price change: +44.8%
#6. Hazelton, ID
- Typical home value: $383,958
- 1-year price change: +5.1%
- 5-year price change: +38.8%
#5. Jerome, ID
- Typical home value: $392,445
- 1-year price change: +3.2%
- 5-year price change: +50.1%
#4. Filer, ID
- Typical home value: $404,141
- 1-year price change: +3.5%
- 5-year price change: +42.7%
#3. Hagerman, ID
- Typical home value: $405,117
- 1-year price change: +0.4%
- 5-year price change: +46.9%
#2. Eden, ID
- Typical home value: $434,613
- 1-year price change: +1.6%
- 5-year price change: +29.1%
#1. Kimberly, ID
- Typical home value: $439,249
- 1-year price change: +3.9%
- 5-year price change: +45.2%