The typical home value in the United States was $360,974 in June, 3.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of Aug. 22, the 30-year fixed mortgage rate sits at 6.46%.
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 Springfield, Illinois metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 28 cities and towns with data available were included in the list.
You may also like: Where people in Springfield, Illinois are looking to buy homes
#28. Grandview, IL
– Typical home value: $86,483
– 1-year price change: +14.8%
– 5-year price change: +58.0%
#27. Easton, IL
– Typical home value: $93,544
– 1-year price change: -8.6%
– 5-year price change: data not available
#26. Mason City, IL
– Typical home value: $101,678
– 1-year price change: +0.8%
– 5-year price change: +10.2%
#25. Southern View, IL
– Typical home value: $116,374
– 1-year price change: +11.0%
– 5-year price change: +40.6%
#24. Greenview, IL
– Typical home value: $122,315
– 1-year price change: +5.1%
– 5-year price change: +7.0%
You may also like: Highest-rated Mexican restaurants in Springfield, Illinois by diners
#23. Oakford, IL
– Typical home value: $127,756
– 1-year price change: -0.1%
– 5-year price change: data not available
#22. Illiopolis, IL
– Typical home value: $129,520
– 1-year price change: +4.8%
– 5-year price change: +29.5%
#21. Divernon, IL
– Typical home value: $142,581
– 1-year price change: +3.6%
– 5-year price change: +16.9%
#20. Jerome, IL
– Typical home value: $145,436
– 1-year price change: +7.6%
– 5-year price change: +41.6%
#19. Springfield, IL
– Typical home value: $157,252
– 1-year price change: +5.6%
– 5-year price change: +23.5%
You may also like: Coat drives near Springfield, Illinois
#18. Auburn, IL
– Typical home value: $160,536
– 1-year price change: +2.4%
– 5-year price change: +21.3%
#17. Pawnee, IL
– Typical home value: $168,613
– 1-year price change: +4.9%
– 5-year price change: +25.5%
#16. Riverton, IL
– Typical home value: $177,398
– 1-year price change: +5.0%
– 5-year price change: +24.3%
#15. New Berlin, IL
– Typical home value: $184,229
– 1-year price change: +9.0%
– 5-year price change: +29.6%
#14. Petersburg, IL
– Typical home value: $187,616
– 1-year price change: +2.6%
– 5-year price change: +25.7%
You may also like: Highest paying jobs in Springfield, Illinois that require a graduate degree
#13. Mechanicsburg, IL
– Typical home value: $190,870
– 1-year price change: +3.2%
– 5-year price change: +34.4%
#12. Loami, IL
– Typical home value: $193,243
– 1-year price change: +6.6%
– 5-year price change: +42.5%
#11. Athens, IL
– Typical home value: $205,520
– 1-year price change: +4.1%
– 5-year price change: +23.4%
#10. Dawson, IL
– Typical home value: $219,419
– 1-year price change: +8.8%
– 5-year price change: +49.2%
#9. Williamsville, IL
– Typical home value: $229,923
– 1-year price change: +2.2%
– 5-year price change: +30.2%
You may also like: Best restaurants for 10 cuisines in Springfield, Illinois
#8. Pleasant Plains, IL
– Typical home value: $237,199
– 1-year price change: +4.7%
– 5-year price change: +35.3%
#7. Spaulding, IL
– Typical home value: $241,937
– 1-year price change: +4.5%
– 5-year price change: +27.0%
#6. Glenarm, IL
– Typical home value: $268,409
– 1-year price change: -0.0%
– 5-year price change: +26.0%
#5. Rochester, IL
– Typical home value: $279,060
– 1-year price change: +5.5%
– 5-year price change: +31.1%
#4. Chatham, IL
– Typical home value: $279,678
– 1-year price change: +7.5%
– 5-year price change: +36.0%
You may also like: Highest-rated restaurants in Springfield, Illinois by diners
#3. Cantrall, IL
– Typical home value: $293,714
– 1-year price change: +3.0%
– 5-year price change: +40.1%
#2. Leland Grove, IL
– Typical home value: $309,101
– 1-year price change: +2.6%
– 5-year price change: +29.4%
#1. Sherman, IL
– Typical home value: $309,438
– 1-year price change: +6.4%
– 5-year price change: +35.6%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.