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 $362,143 in August, 2.5% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 19, the 30-year fixed mortgage rate sits at 6.09%.

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 Hattiesburg metro area using data from Zillow . Charts show the monthly typical home value since January 2018. All 14 cities and towns with data available were included in the list.

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Stacker

#14. Mount Olive, MS

– Typical home value: $115,439
– 1-year price change: +0.9%
– 5-year price change: +21.6%

Stacker

#13. Beaumont, MS

– Typical home value: $115,537
– 1-year price change: -2.8%
– 5-year price change: +10.7%

Stacker

#12. New Augusta, MS

– Typical home value: $117,838
– 1-year price change: -2.5%
– 5-year price change: +11.2%

Stacker

#11. McLain, MS

– Typical home value: $122,952
– 1-year price change: -1.0%
– 5-year price change: +22.5%

Stacker

#10. Collins, MS

– Typical home value: $123,583
– 1-year price change: +2.6%
– 5-year price change: +30.6%

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Stacker

#9. Brooklyn, MS

– Typical home value: $136,835
– 1-year price change: -1.5%
– 5-year price change: +7.8%

Stacker

#8. Richton, MS

– Typical home value: $141,621
– 1-year price change: +1.1%
– 5-year price change: +17.4%

Stacker

#7. Wiggins, MS

– Typical home value: $152,697
– 1-year price change: +1.0%
– 5-year price change: +25.4%

Stacker

#6. Lumberton, MS

– Typical home value: $158,231
– 1-year price change: +7.1%
– 5-year price change: +26.4%

Stacker

#5. Seminary, MS

– Typical home value: $175,641
– 1-year price change: +3.3%
– 5-year price change: +32.1%

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Stacker

#4. Hattiesburg, MS

– Typical home value: $207,684
– 1-year price change: +2.1%
– 5-year price change: +32.1%

Stacker

#3. Petal, MS

– Typical home value: $215,867
– 1-year price change: +0.7%
– 5-year price change: +31.7%

Stacker

#2. Purvis, MS

– Typical home value: $231,929
– 1-year price change: +5.6%
– 5-year price change: +41.5%

Stacker

#1. Sumrall, MS

– Typical home value: $260,148
– 1-year price change: +5.8%
– 5-year price change: +38.7%

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