Cities with the most expensive homes in the Bowling Green metro area
Published 3:51 pm Tuesday, October 22, 2024
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 $360,999 in September, 2.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of October 17, the 30-year fixed mortgage rate sits at 6.44%.
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 from Zillow. Charts show the monthly typical home value since January 2018. All 18 cities and towns with data available were included in the list.
You may also like: Bowling Green 7-day weather forecast
Stacker
#18. Mammoth Cave, KY
– Typical home value: $72,490
– 1-year price change: -12.3%
– 5-year price change: -29.1%
Stacker
#17. Cub Run, KY
– Typical home value: $128,845
– 1-year price change: -4.3%
– 5-year price change: +31.8%
Stacker
#16. Rochester, KY
– Typical home value: $137,207
– 1-year price change: +3.7%
– 5-year price change: +38.1%
Stacker
#15. Morgantown, KY
– Typical home value: $137,705
– 1-year price change: +1.6%
– 5-year price change: +28.4%
Stacker
#14. Adolphus, KY
– Typical home value: $154,311
– 1-year price change: +2.9%
– 5-year price change: +53.7%
You may also like: Highest-ranked pizza restaurants in Bowling Green by diners
Stacker
#13. Roundhill, KY
– Typical home value: $170,036
– 1-year price change: +4.4%
– 5-year price change: +50.1%
Stacker
#12. Scottsville, KY
– Typical home value: $174,816
– 1-year price change: +3.7%
– 5-year price change: +52.4%
Stacker
#11. Bee Spring, KY
– Typical home value: $175,826
– 1-year price change: +3.8%
– 5-year price change: +65.2%
Stacker
#10. Brownsville, KY
– Typical home value: $182,999
– 1-year price change: +5.8%
– 5-year price change: +67.6%
Stacker
#9. Lewisburg, KY
– Typical home value: $185,124
– 1-year price change: +6.3%
– 5-year price change: +53.0%
You may also like: Homes for sale in Bowling Green at every price point
Stacker
#8. Park City, KY
– Typical home value: $185,829
– 1-year price change: +4.6%
– 5-year price change: +51.8%
Stacker
#7. Plum Springs, KY
– Typical home value: $192,991
– 1-year price change: +5.6%
– 5-year price change: +56.5%
Stacker
#6. Smiths Grove, KY
– Typical home value: $236,287
– 1-year price change: +6.0%
– 5-year price change: +64.7%
Stacker
#5. Oakland, KY
– Typical home value: $271,886
– 1-year price change: +1.6%
– 5-year price change: +55.3%
Stacker
#4. Bowling Green, KY
– Typical home value: $273,508
– 1-year price change: +2.1%
– 5-year price change: +46.9%
You may also like: Cities with the fastest-growing home prices in the Bowling Green metro area
Stacker
#3. Woodburn, KY
– Typical home value: $280,574
– 1-year price change: +3.3%
– 5-year price change: +60.6%
Stacker
#2. Rockfield, KY
– Typical home value: $289,071
– 1-year price change: +4.6%
– 5-year price change: +56.3%
Stacker
#1. Alvaton, KY
– Typical home value: $399,352
– 1-year price change: +3.1%
– 5-year price change: +52.4%