Cities with the most expensive homes in the Bowling Green metro area
Published 3:23 pm Thursday, September 28, 2023
Cities with the most expensive homes in the Bowling Green 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 a record $351,423 in August, 1.3% higher than the year before. High mortgage rates are also making monthly payments more expensive; as of Sept. 21, the 30-year fixed mortgage rate sits at 7.19%.
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 Bowling Green metro area using data fromĀ Zillow. Charts show the monthly typical home value since January 2018.
Stacker
#18. Mammoth Cave, KY
– Typical home value: $66,503
– 1-year price change: -8.2%
– 5-year price change: -23.1%
Stacker
#17. Cub Run, KY
– Typical home value: $129,478
– 1-year price change: -1.3%
– 5-year price change: +46.4%
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#16. Rochester, KY
– Typical home value: $130,492
– 1-year price change: -0.5%
– 5-year price change: +42.8%
Stacker
#15. Morgantown, KY
– Typical home value: $134,535
– 1-year price change: +1.5%
– 5-year price change: +39.5%
Stacker
#14. Adolphus, KY
– Typical home value: $140,081
– 1-year price change: +1.8%
– 5-year price change: +53.2%
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#13. Park City, KY
– Typical home value: $162,817
– 1-year price change: +2.8%
– 5-year price change: +56.2%
Stacker
#12. Scottsville, KY
– Typical home value: $164,117
– 1-year price change: +3.4%
– 5-year price change: +54.7%
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#11. Bee Spring, KY
– Typical home value: $166,644
– 1-year price change: +3.3%
– 5-year price change: +51.9%
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#10. Roundhill, KY
– Typical home value: $169,157
– 1-year price change: -3.3%
– 5-year price change: +51.1%
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#9. Brownsville, KY
– Typical home value: $176,989
– 1-year price change: +3.6%
– 5-year price change: +57.6%
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#8. Lewisburg, KY
– Typical home value: $177,416
– 1-year price change: +5.6%
– 5-year price change: +57.0%
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#7. Plum Springs, KY
– Typical home value: $184,038
– 1-year price change: +7.1%
– 5-year price change: +64.8%
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#6. Smiths Grove, KY
– Typical home value: $227,501
– 1-year price change: +4.6%
– 5-year price change: +60.1%
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#5. Bowling Green, KY
– Typical home value: $267,185
– 1-year price change: +4.7%
– 5-year price change: +50.8%
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#4. Oakland, KY
– Typical home value: $268,301
– 1-year price change: +4.2%
– 5-year price change: +58.4%
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#3. Woodburn, KY
– Typical home value: $272,811
– 1-year price change: +4.9%
– 5-year price change: +62.6%
Stacker
#2. Rockfield, KY
– Typical home value: $278,076
– 1-year price change: +3.7%
– 5-year price change: +55.3%
Stacker
#1. Alvaton, KY
– Typical home value: $376,232
– 1-year price change: +2.2%
– 5-year price change: +52.4%
This story features data reporting and writing by Elena Cox, and is part of a series utilizing data automation across 379 metros.