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- Stacker used Zillow data to rank cities with the most expensive homes in the Augusta metro area.
- Interactive charts display monthly typical home values from January 2018, illustrating local price trends over time.
- Data was available for 34 cities and towns, offering a broad view of the Augusta metro area housing market.
- Key determinants of value include location, size, age, and condition; affordability remains a central concern for buyers.
Cities with the most expensive homes in the Augusta 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, affordability plays a huge role for buyers.
The typical home value in the United States was $372,057 in June, 1.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 16, the 30-year fixed mortgage rate sits at 6.55%.
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.
Stacker compiled a list of cities with the most expensive homes in the Augusta metro area using data from Zillow. Charts show the monthly typical home value since January 2018. Data was available for 34 cities and towns.
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