Cities with the most expensive homes in the College Station metro area
Cities with the most expensive homes in the College Station metro area
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 $355,696 in March, 4.6% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of May 2, the 30-year fixed mortgage rate sits at 7.22%.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 College Station 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.
#7. Hearne, TX
- Typical home value: $130,315
- 1-year price change: -2.6%
- 5-year price change: -3.1%
#6. Somerville, TX
- Typical home value: $191,166
- 1-year price change: -6.0%
- 5-year price change: +13.8%
#5. Navasota, TX
- Typical home value: $244,677
- 1-year price change: +1.1%
- 5-year price change: +39.5%
#4. Bryan, TX
- Typical home value: $262,547
- 1-year price change: +4.6%
- 5-year price change: +34.5%
#3. Caldwell, TX
- Typical home value: $269,133
- 1-year price change: -3.7%
- 5-year price change: +29.1%
#2. Franklin, TX
- Typical home value: $314,654
- 1-year price change: +4.2%
- 5-year price change: +20.4%
#1. College Station, TX
- Typical home value: $340,511
- 1-year price change: +3.8%
- 5-year price change: +29.2%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
