Cities with the most expensive homes in College Station metro area
Cities with the most expensive homes in College Station 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. Given the current state of the real estate market, plays a determining role for buyers. As of April 4, 2023, the sits at 6.3%. As a result of higher mortgage rates across the board, home prices have risen significantly. The typical home value in the United States increased over the last year by 4.4% to $328,604.
Although home prices have inflated all across the U.S., there are definitely certain areas that have a higher price tag than others. Location, size, age, and condition are all contributing factors to home value. Whether you choose to hold off your home-buying plans in hopes of the market cooling down or are looking to buy ASAP, it's good to educate yourself on the market in different cities.
compiled a list of cities with the most expensive homes in College Station using data from . Cities are ranked by the Zillow Home Values Index for all homes as of February 2023. The ZVHI represents a seasonally adjusted price for the middle market for all homes. All 7 cities and towns with data available were included in the list. Charts for each city show the monthly typical home value since January 2018.
#7. Hearne, TX
- Typical home value: $96,501
- 1-year price change: -1.3%
- 5-year price change: +33.4%
#6. Somerville, TX
- Typical home value: $149,655
- 1-year price change: -5.5%
- 5-year price change: +37.2%
#5. Caldwell, TX
- Typical home value: $217,929
- 1-year price change: -0.6%
- 5-year price change: +50.5%
#4. Navasota, TX
- Typical home value: $229,272
- 1-year price change: +3.9%
- 5-year price change: +48.5%
#3. Bryan, TX
- Typical home value: $239,213
- 1-year price change: +7.0%
- 5-year price change: +36.0%
#2. Franklin, TX
- Typical home value: $246,918
- 1-year price change: -2.2%
- 5-year price change: +44.0%
#1. College Station, TX
- Typical home value: $311,857
- 1-year price change: +7.8%
- 5-year price change: +26.3%