Cities with the most expensive homes in the Hartford 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 $367,965 in July, 0.2% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of August 21, the 30-year fixed mortgage rate

sits at 6.58%.

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 cit

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