Cities with the most expensive homes in the Saginaw metro area
Cities with the most expensive homes in the Saginaw 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 Saginaw metro area using data from . Charts show the monthly typical home value since January 2018. All 13 cities and towns with data available were included in the list.
#13. Saginaw, MI
- Typical home value: $122,550
- 1-year price change: +6.7%
- 5-year price change: +49.0%
#12. Bridgeport, MI
- Typical home value: $163,792
- 1-year price change: +8.1%
- 5-year price change: +50.3%
#11. Oakley, MI
- Typical home value: $177,253
- 1-year price change: +7.2%
- 5-year price change: +26.7%
#10. Saint Charles, MI
- Typical home value: $189,263
- 1-year price change: +6.7%
- 5-year price change: +40.7%
#9. Merrill, MI
- Typical home value: $191,672
- 1-year price change: +7.6%
- 5-year price change: +47.9%
#8. Burt, MI
- Typical home value: $196,254
- 1-year price change: +8.9%
- 5-year price change: +49.2%
#7. Brant, MI
- Typical home value: $198,026
- 1-year price change: +4.9%
- 5-year price change: +26.9%
#6. Chesaning, MI
- Typical home value: $201,084
- 1-year price change: +8.2%
- 5-year price change: +49.9%
#5. Reese, MI
- Typical home value: $207,672
- 1-year price change: +8.9%
- 5-year price change: +37.6%
#4. Birch Run, MI
- Typical home value: $220,759
- 1-year price change: +7.6%
- 5-year price change: +59.6%
#3. Hemlock, MI
- Typical home value: $231,198
- 1-year price change: +6.7%
- 5-year price change: +41.1%
#2. Freeland, MI
- Typical home value: $284,570
- 1-year price change: +7.6%
- 5-year price change: +47.6%
#1. Frankenmuth, MI
- Typical home value: $305,880
- 1-year price change: +5.1%
- 5-year price change: +35.0%