Cities with the most expensive homes in the Altoona metro area
Cities with the most expensive homes in the Altoona 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 $362,143 in August, 2.5% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 19, the 30-year fixed mortgage rate sits at 6.09%.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 Altoona metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 6 cities and towns with data available were included in the list.
#6. Altoona, PA
- Typical home value: $135,328
- 1-year price change: +4.0%
- 5-year price change: +18.7%
#5. Bellwood, PA
- Typical home value: $160,849
- 1-year price change: -0.5%
- 5-year price change: +1.5%
#4. Roaring Spring, PA
- Typical home value: $189,278
- 1-year price change: +2.6%
- 5-year price change: +15.6%
#3. Duncansville, PA
- Typical home value: $226,907
- 1-year price change: +5.0%
- 5-year price change: +20.0%
#2. Martinsburg, PA
- Typical home value: $242,072
- 1-year price change: +4.9%
- 5-year price change: +22.4%
#1. Hollidaysburg, PA
- Typical home value: $242,929
- 1-year price change: +5.1%
- 5-year price change: +22.7%