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 $357,377 in February, 2.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 20, the
[ 30-year fixed mortgage rate ]
sits at 6.67%.
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: $181,120
- 1-year price change: -8.8%
- 5-year price change: data not available
Stacker
#5. Immokalee, FL
- Typical home value: $269,107
- 1-year price change: -8.6%
- 5-year price change: +43.9%
Stacker
#4. Everglades, FL
- Typical home value: $293,546
- 1-year price change: -7.7%
- 5-year price change: +45.9%
Stacker
#3. Goodland, FL
- Typical home value: $452,227
- 1-year price change: -2.5%
- 5-year price change: +67.5%
Stacker
#2. Naples, FL
- Typical home value: $574,392
- 1-year price change: -5.1%
- 5-year price change: +64.6%
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Stacker
#1. Marco Island, FL
- Typical home value: $876,738
- 1-year price change: -5.2%
- 5-year price change: +62.2%