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    Which Ohio city has the most expensive homes?

    By Stacker,

    1 day ago

    https://img.particlenews.com/image.php?url=1PZjVv_0uYLPbhc00

    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 $360,310 in May, 3.9% higher than the year before.

    High mortgage rates are also making monthly payments more expensive; as of July 3, the 30-year fixed mortgage rate sits at 6.95%.

    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 Ohio using data from Zillow . Cities are ranked by the Zillow Home Values Index for all homes as of May 2024. The charts in this story were created automatically using Matplotlib .

    Metros with the most cities in the top 30 in Ohio
    #1. Columbus, OH: 11
    #2. Cleveland-Elyria, OH: 8
    #3. Cincinnati, OH-KY-IN: 7
    #4. Akron, OH: 2
    #5. Canton-Massillon, OH: 1
    #5. Dayton-Kettering, OH: 1

    Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

    For the latest news, weather, sports, and streaming video, head to WDTN.com.

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