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 $372,057 in June, 1.1% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of July 16, the

[ 30-year fixed mortgage rate ]

sits at 6.55%.

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 Hinesville metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 8 cities and towns with data available were included in the list.

#8. Riceboro, GA

- Typical home value: $182,257
- 1-year price change: +6.4%
- 5-year price change: +21.8%

#7. Glennville, GA

- Typical home value: $211,454
- 1-year price change: +6.1%
- 5-year price change: +40.5%

#6. Hinesville, GA

- Typical home value: $240,374
- 1-year price change: -0.8%
- 5-year price change: +50.1%

#5. Allenhurst, GA

- Typical home value: $273,636
- 1-year price change: +1.4%
- 5-year price change: +42.5%

#4. Midway, GA

- Typical home value: $292,438
- 1-year price change: +0.4%
- 5-year price change: +51.6%

#3. Ludowici, GA

- Typical home value: $293,456
- 1-year price change: +2.3%
- 5-year price change: +39.4%

#2. Fleming, GA

- Typical home value: $303,007
- 1-year price change: +3.5%
- 5-year price change: +31.0%

#1. Flemington, GA

- Typical home value: $314,478
- 1-year price change: +1.5%
- 5-year price change: +35.1%