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 Brunswick metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 9 cities and towns with data available were included in the list.
#9. Waynesville, GA
- Typical home value: $160,017
- 1-year price change: +2.6%
- 5-year price change: -11.8%
#8. Nahunta, GA
- Typical home value: $174,566
- 1-year price change: +10.9%
- 5-year price change: +10.4%
#7. Hortense, GA
- Typical home value: $188,673
- 1-year price change: +10.3%
- 5-year price change: +15.6%
#6. Hoboken, GA
- Typical home value: $214,075
- 1-year price change: +5.6%
- 5-year price change: data not available
#5. Brunswick, GA
- Typical home value: $257,492
- 1-year price change: -1.1%
- 5-year price change: +29.2%
#4. Darien, GA
- Typical home value: $280,050
- 1-year price change: +2.8%
- 5-year price change: +41.3%
#3. Townsend, GA
- Typical home value: $285,725
- 1-year price change: +2.3%
- 5-year price change: +36.4%
#2. Saint Simons Island, GA
- Typical home value: $688,772
- 1-year price change: +1.7%
- 5-year price change: +42.8%
#1. Sea Island, GA
- Typical home value: $4,306,112
- 1-year price change: -0.9%
- 5-year price change: +47.0%
