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 $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 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: $187,877
- 1-year price change: +1.0%
- 5-year price change: +33.8%
#12. New Franklin, MO
- Typical home value: $193,190
- 1-year price change: +1.7%
- 5-year price change: +43.1%
#11. Glasgow, MO
- Typical home value: $202,463
- 1-year price change: +5.8%
- 5-year price change: +28.5%
#10. Fayette, MO
- Typical home value: $221,817
- 1-year price change: +8.1%
- 5-year price change: +52.9%
#9. Armstrong, MO
- Typical home value: $231,766
- 1-year price change: +13.1%
- 5-year price change: +76.9%
#8. Blackwater, MO
- Typical home value: $273,254
- 1-year price change: +1.1%
- 5-year price change: +16.8%
#7. Columbia, MO
- Typical home value: $311,466
- 1-year price change: +3.4%
- 5-year price change: +41.5%
#6. Sturgeon, MO
- Typical home value: $332,121
- 1-year price change: +1.7%
- 5-year price change: +55.7%
#5. Ashland, MO
- Typical home value: $354,273
- 1-year price change: +2.6%
- 5-year price change: +45.4%
#4. Hallsville, MO
- Typical home value: $355,842
- 1-year price change: +2.2%
- 5-year price change: +45.0%
#3. Harrisburg, MO
- Typical home value: $379,322
- 1-year price change: -1.1%
- 5-year price change: +39.0%
#2. Hartsburg, MO
- Typical home value: $419,419
- 1-year price change: -0.2%
- 5-year price change: +41.5%
#1. Rocheport, MO
- Typical home value: $438,578
- 1-year price change: -1.6%
- 5-year price change: +37.6%