STACKER — 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 a record $351,423 in August, 1.3% higher than the year before. High mortgage rates are also making monthly payments more expensive; as of Sept. 21, the 30-year fixed mortgage rate sits at 7.19%.

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 Bismarck metro area using data from Zillow. Charts show the monthly typical home value since January 2018.

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#7. Glen Ullin, ND

– Typical home value: $124,989
– 1-year price change: -12.0%
– 5-year price change: data not available

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#6. Beulah, ND

– Typical home value: $212,279
– 1-year price change: -0.1%
– 5-year price change: +1.2%

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#5. New Salem, ND

– Typical home value: $216,948
– 1-year price change: -5.0%
– 5-year price change: +12.6%

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#4. Wilton, ND

– Typical home value: $240,607
– 1-year price change: +1.0%
– 5-year price change: +23.3%

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#3. Lincoln, ND

– Typical home value: $272,111
– 1-year price change: +2.3%
– 5-year price change: +15.7%

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#2. Mandan, ND

– Typical home value: $311,054
– 1-year price change: +4.1%
– 5-year price change: +23.7%

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#1. Bismarck, ND

– Typical home value: $342,592
– 1-year price change: +3.9%
– 5-year price change: +25.2%

This article originally appeared on Stacker, and was produced and distributed through a partnership with Stacker Studio. This article has been republished pursuant to a CC by NC 4.0 License.