Cities with the most expensive homes in the Columbia, Missouri metro area
Cities with the most expensive homes in the Columbia, Missouri 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 $365,545 in March, 0.8% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of April 16, the sits at 6.3%.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 Columbia, Missouri 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. Boonville, MO
- Typical home value: $192,609
- 1-year price change: +1.5%
- 5-year price change: +30.6%
#12. New Franklin, MO
- Typical home value: $199,773
- 1-year price change: -1.0%
- 5-year price change: +38.2%
#11. Glasgow, MO
- Typical home value: $208,269
- 1-year price change: +5.6%
- 5-year price change: +25.9%
#10. Fayette, MO
- Typical home value: $231,579
- 1-year price change: +7.7%
- 5-year price change: +51.2%
#9. Armstrong, MO
- Typical home value: $233,532
- 1-year price change: +13.3%
- 5-year price change: +75.9%
#8. Blackwater, MO
- Typical home value: $275,300
- 1-year price change: +1.3%
- 5-year price change: +13.5%
#7. Columbia, MO
- Typical home value: $321,091
- 1-year price change: +2.6%
- 5-year price change: +38.6%
#6. Sturgeon, MO
- Typical home value: $344,776
- 1-year price change: +0.1%
- 5-year price change: +53.0%
#5. Ashland, MO
- Typical home value: $362,929
- 1-year price change: +1.8%
- 5-year price change: +41.2%
#4. Hallsville, MO
- Typical home value: $363,799
- 1-year price change: +1.2%
- 5-year price change: +40.9%
#3. Harrisburg, MO
- Typical home value: $395,154
- 1-year price change: -1.5%
- 5-year price change: +35.4%
#2. Hartsburg, MO
- Typical home value: $431,928
- 1-year price change: -0.1%
- 5-year price change: +37.5%
#1. Rocheport, MO
- Typical home value: $450,333
- 1-year price change: -3.5%
- 5-year price change: +32.6%