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 $359,741 in March, 1.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of April 17, the
sits at 6.83%.
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 Homosassa Springs metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 7 cities and towns with data available were included in the list.
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Stacker
#7. Beverly Hills, FL
- Typical home value: $236,741
- 1-year price change: -2.3%
- 5-year price change: +63.2%
Stacker
#6. Inverness, FL
- Typical home value: $242,565
- 1-year price change: -1.5%
- 5-year price change: +65.6%
Stacker
#5. Floral City, FL
- Typical home value: $274,538
- 1-year price change: +0.9%
- 5-year price change: +77.4%
Stacker
#4. Crystal River, FL
- Typical home value: $281,206
- 1-year price change: -2.1%
- 5-year price change: +63.5%
Stacker
#3. Homosassa, FL
- Typical home value: $313,520
- 1-year price change: -1.4%
- 5-year price change: +61.5%
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Stacker
#2. Lecanto, FL
- Typical home value: $340,586
- 1-year price change: -0.9%
- 5-year price change: +58.7%
Stacker
#1. Hernando, FL
- Typical home value: $362,646
- 1-year price change: -1.8%
- 5-year price change: +57.4%
