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Cities with the most expensive homes in the Vallejo 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 Vallejo metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 7 cities and towns with data available were included in the list.
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#7. Rio Vista, CA
- Typical home value: $480,158
- 1-year price change: -0.3%
- 5-year price change: +22.2%
#6. Vallejo, CA
- Typical home value: $542,473
- 1-year price change: +0.3%
- 5-year price change: +30.1%
#5. Suisun City, CA
- Typical home value: $544,928
- 1-year price change: +1.4%
- 5-year price change: +32.5%
#4. Dixon, CA
- Typical home value: $599,414
- 1-year price change: +2.0%
- 5-year price change: +30.5%
#3. Vacaville, CA
- Typical home value: $610,553
- 1-year price change: +1.3%
- 5-year price change: +30.3%
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#2. Fairfield, CA
- Typical home value: $619,993
- 1-year price change: +2.1%
- 5-year price change: +34.3%
#1. Benicia, CA
- Typical home value: $811,433
- 1-year price change: +1.3%
- 5-year price change: +30.7%
