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REAL ESTATE
Cities with the most expensive homes in Georgia
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 $362,156 in July, 2.8% 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 Georgia using data from Zillow . Cities are ranked by the Zillow Home Values Index for all homes as of July 2024. The charts in this story were created automatically using Matplotlib . Metros with the most cities in the top 30 in Georgia #1. Atlanta-Sandy Springs-Alpharetta, GA: 20 #2. Savannah, GA: 3 #3. Brunswick, GA: 2 #4. Athens-Clarke County, GA: 1 #4. Milledgeville, GA: 1 You may also like: Highest-rated beer in Georgia Volodymyr Kyrylyuk // Shutterstock.
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