Cities with the most expensive homes in the Twin Falls metro area
Cities with the most expensive homes in the Twin Falls 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, plays a huge role for buyers.
The typical home value in the United States was $361,371 in February, 0.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 19, the sits at 6.22%.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.
compiled a list of cities with the most expensive homes in the Twin Falls metro area using data from . Charts show the monthly typical home value since January 2018. All 10 cities and towns with data available were included in the list.
#10. Paul, ID
- Typical home value: $326,235
- 1-year price change: +1.1%
- 5-year price change: +46.8%
#9. Hansen, ID
- Typical home value: $328,734
- 1-year price change: +2.6%
- 5-year price change: +40.2%
#8. Twin Falls, ID
- Typical home value: $363,195
- 1-year price change: +2.5%
- 5-year price change: +39.0%
#7. Buhl, ID
- Typical home value: $366,823
- 1-year price change: +3.2%
- 5-year price change: +45.8%
#6. Hazelton, ID
- Typical home value: $388,785
- 1-year price change: +5.2%
- 5-year price change: +36.7%
#5. Jerome, ID
- Typical home value: $393,311
- 1-year price change: +3.4%
- 5-year price change: +44.6%
#4. Hagerman, ID
- Typical home value: $405,538
- 1-year price change: +1.2%
- 5-year price change: +41.9%
#3. Filer, ID
- Typical home value: $407,241
- 1-year price change: +3.2%
- 5-year price change: +37.0%
#2. Eden, ID
- Typical home value: $426,924
- 1-year price change: +1.6%
- 5-year price change: +25.6%
#1. Kimberly, ID
- Typical home value: $444,614
- 1-year price change: +4.2%
- 5-year price change: +39.4%