The real estate market remains active post-pandemic, with buyers competing for limited housing, leading to rising prices for affordable homes. The typical U.S. home value reached $356,776 in January, a 2.6% increase from the previous year. While rising mortgage rates have slowed growth and caused price declines in some areas, others continue to see significant price increases. A list of the most expensive cities in the Atlanta-Sandy Springs-Alpharetta metro area highlights various typical home values and their changes over one and five years.
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