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 Naples metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 6 cities and towns with data available were included in the list.
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Stacker
#6. Chokoloskee, FL
- Typical home value: $187,479
- 1-year price change: -8.2%
- 5-year price change: data not available
Stacker
#5. Immokalee, FL
- Typical home value: $270,019
- 1-year price change: -8.6%
- 5-year price change: +43.2%
Stacker
#4. Everglades, FL
- Typical home value: $303,479
- 1-year price change: -7.6%
- 5-year price change: +45.3%
Stacker
#3. Goodland, FL
- Typical home value: $462,675
- 1-year price change: -5.2%
- 5-year price change: +63.3%
Stacker
#2. Naples, FL
- Typical home value: $581,115
- 1-year price change: -5.9%
- 5-year price change: +63.4%
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Stacker
#1. Marco Island, FL
- Typical home value: $892,089
- 1-year price change: -5.9%
- 5-year price change: +61.1%
