Cities with the most expensive homes in the Owensboro 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 $350,091 in September, 2.1% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of Oct. 19, the 30-year fixed mortgage rate sits at 7.63%. 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 Owensboro using data from Zillow. Charts show the monthly typical home value since January 2018.

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#12. Livermore, KY

– Typical home value: $114,403
– 1-year price change: -8.5%
– 5-year price change: +35.1%

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#11. Island, KY

– Typical home value: $114,408
– 1-year price change: -0.1%
– 5-year price change: +51.5%

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#10. Sacramento, KY

– Typical home value: $119,273
– 1-year price change: -5.5%
– 5-year price change: +39.6%

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#9. Fordsville, KY

– Typical home value: $131,484
– 1-year price change: -6.0%
– 5-year price change: -2.9%

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#8. Calhoun, KY

– Typical home value: $143,452
– 1-year price change: -0.9%
– 5-year price change: +43.3%

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#7. Maceo, KY

– Typical home value: $159,880
– 1-year price change: +2.9%
– 5-year price change: +48.1%

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#6. Lewisport, KY

– Typical home value: $169,042
– 1-year price change: +2.6%
– 5-year price change: +49.0%

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#5. Whitesville, KY

– Typical home value: $174,313
– 1-year price change: +4.0%
– 5-year price change: +41.0%

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#4. Hawesville, KY

– Typical home value: $181,902
– 1-year price change: +1.7%
– 5-year price change: +48.2%

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#3. Owensboro, KY

– Typical home value: $186,565
– 1-year price change: +4.2%
– 5-year price change: +49.0%

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#2. Utica, KY

– Typical home value: $204,657
– 1-year price change: +3.2%
– 5-year price change: +41.7%

Stacker

#1. Philpot, KY

– Typical home value: $223,947
– 1-year price change: +4.1%
– 5-year price change: +48.2%

This story features data reporting and writing by Elena Cox, and is part of a series utilizing data automation across 379 metros.