UPDATED LIST: Cities with the most expensive homes in Youngstown-Warren 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. Given the current state of the real estate market, housing affordability plays a determining role for buyers. As of April 4, 2023, the 30-year fixed mortgage rate sits at 6.3%. As a result of higher mortgage rates across the board, home prices have risen significantly. The typical home value in the United States increased over the last year by 4.4% to $328,604.
Although home prices have inflated all across the U.S., there are definitely certain areas that have a higher price tag than others. Location, size, age, and condition are all contributing factors to home value. Whether you choose to hold off your home-buying plans in hopes of the market cooling down or are looking to buy ASAP, it’s good to educate yourself on the market in different cities.
Stacker compiled a list of cities with the most expensive homes in Youngstown using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of February 2023. The ZVHI represents a seasonally adjusted price for the middle market for all homes. Data was available for 50 cities and towns in Youngstown. Charts for each city show the monthly typical home value since January 2018.
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30. Vienna Center, OH
Typical home value: $141,014
1-year price change: +7.8%
5-year price change: +48.5%
29. Craig Beach, OH
Typical home value: $141,829
1-year price change: +8.5%
5-year price change: +89.8%
28. North Bloomfield, OH
Typical home value: $150,469
1-year price change: +5.0%
5-year price change: +58.8%
27. Champion Heights, OH
- Typical home value: $151,137- 1-year price change: +7.3%- 5-year price change: +45.9%
26. Beloit, OH
- Typical home value: $151,613- 1-year price change: +9.0%- 5-year price change: +50.1%
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25. Petersburg, OH
- Typical home value: $152,920- 1-year price change: +10.5%- 5-year price change: +57.0%
24. Kinsman, OH
Typical home value: $155,582
1-year price change: +8.2%
5-year price change: +58.8%
23. Mineral Ridge, OH
- Typical home value: $155,711- 1-year price change: +6.5%- 5-year price change: +43.5%
22. Boardman, OH
Typical home value: $158,393
1-year price change: +8.3%
5-year price change: +48.9%
21. Hermitage, PA
Typical home value: $164,276
1-year price change: +1.8%
5-year price change: +39.1%
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20. Mercer, PA
Typical home value: $164,345
1-year price change: -1.6%
5-year price change: +36.4%
19. Brookfield Center, OH
Typical home value: $169,138
1-year price change: +6.7%
5-year price change: +41.6%
18. Grove City, PA
Typical home value: $169,507
1-year price change: +1.5%
5-year price change: +34.7%
17. Bristolville, OH
Typical home value: $171,487
1-year price change: +6.3%
5-year price change: +52.6%
16. Farmdale, OH
Typical home value: $175,375
1-year price change: +5.8%
5-year price change: +58.1%
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15. Southington, OH
Typical home value: $181,130
1-year price change: +6.4%
5-year price change: +42.6%
14. Howland Center, OH
Typical home value: $181,539
1-year price change: +6.0%
5-year price change: +33.5%
13. Cortland, OH
Typical home value: $182,274
1-year price change: +5.6%
5-year price change: +43.1%
12. North Benton, OH
Typical home value: $186,635
1-year price change: +9.1%
5-year price change: +60.6%
11. New Springfield, OH
Typical home value: $189,331
1-year price change: +8.1%
5-year price change: +47.2%
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10. Lordstown, OH
Typical home value: $194,971
1-year price change: +5.1%
5-year price change: +33.5%
9. New Middletown, OH
Typical home value: $196,495
1-year price change: +7.7%
5-year price change: +37.2%
8. Fowler, OH
Typical home value: $197,953
1-year price change: +5.5%
5-year price change: +50.3%
7. Poland, OH
Typical home value: $199,778
1-year price change: +7.7%
5-year price change: +40.7%
6. West Farmington, OH
Typical home value: $204,729
1-year price change: +5.4%
5-year price change: +59.6%
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5. New Wilmington, PA
Typical home value: $216,854
1-year price change: +6.7%
5-year price change: +44.2%
4. North Jackson, OH
Typical home value: $233,720
1-year price change: +9.4%
5-year price change: +51.5%
3. North Lima, OH
Typical home value: $244,971
1-year price change: +8.1%
5-year price change: +48.9%
2. Berlin Center, OH
Typical home value: $257,106
1-year price change: +8.9%
5-year price change: +52.9%
1. Canfield, OH
Typical home value: $271,811
1-year price change: +5.6%
5-year price change: +40.7%
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