Purchasing a home is one of the most important investments there is. More than a place to live, homeownership involves acquiring an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers. High mortgage rates are also making monthly payments more expensive; as of July 20, the 30-year fixed mortgage rate sits at 6.78%.
Although home prices have risen 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.
The typical home value in the United States was $348,853 in June 2023, up 1.1% from the year before.
Stacker compiled a list of cities with the most expensive homes in the Valdosta metro area using data from Zillow. Charts for each city show the monthly typical home value since January 2018.
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All 11 cities and towns with data available were included in the list.
Stacker
#11. Quitman, GA
β Typical home value: $129,986
β 1-year price change: +1.6%
β 5-year price change: +56.0%
Stacker
#10. Remerton, GA
β Typical home value: $132,272
β 1-year price change: +9.1%
β 5-year price change: +59.5%
Stacker
#9. Lakeland, GA
β Typical home value: $143,101
β 1-year price change: +5.7%
β 5-year price change: +73.1%
Stacker
#8. Pavo, GA
β Typical home value: $168,043
β 1-year price change: +4.5%
β 5-year price change: +48.7%
Stacker
#7. Valdosta, GA
β Typical home value: $183,050
β 1-year price change: +8.2%
β 5-year price change: +56.9%
Stacker
#6. Dixie, GA
β Typical home value: $183,333
β 1-year price change: +0.4%
β 5-year price change: +35.6%
Stacker
#5. Naylor, GA
β Typical home value: $195,342
β 1-year price change: +6.8%
β 5-year price change: +62.4%
Stacker
#4. Hahira, GA
β Typical home value: $201,639
β 1-year price change: +4.0%
β 5-year price change: +51.7%
Stacker
#3. Ray City, GA
β Typical home value: $203,389
β 1-year price change: +9.1%
β 5-year price change: +64.0%
Stacker
#2. Dasher, GA
β Typical home value: $221,787
β 1-year price change: +7.3%
β 5-year price change: +61.1%
Stacker
#1. Lake Park, GA
β Typical home value: $252,970
β 1-year price change: +6.8%
β 5-year price change: +55.2%
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