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 $363,946 in August, 0.0% lower than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 18, the
[ 30-year fixed mortgage rate ]
sits at 6.26%.
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.
Stacker
#6. Chokoloskee, FL
- Typical home value: $174,722
- 1-year price change: -7.5%
- 5-year price change: data not available
Stacker
#5. Immokalee, FL
- Typical home value: $269,539
- 1-year price change: -9.1%
- 5-year price change: +38.9%
Stacker
#4. Everglades, FL
- Typical home value: $282,054
- 1-year price change: -6.2%
- 5-year price change: +40.9%
Stacker
#3. Goodland, FL
- Typical home value: $445,162
- 1-year price change: -9.8%
- 5-year price change: +55.6%
Stacker
#2. Naples, FL
- Typical home value: $550,757
- 1-year price change: -7.6%
- 5-year price change: +57.3%
Stacker
#1. Marco Island, FL
- Typical home value: $834,499
- 1-year price change: -6.4%
- 5-year price change: +55.8%