Cities with the most expensive homes in the Chambersburg metro area
Cities with the most expensive homes in the Chambersburg 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 $360,385 in October, 2.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of November 14, the 30-year fixed mortgage rate sits at 6.78%.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 Chambersburg 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. Mont Alto, PA
- Typical home value: $216,504
- 1-year price change: +3.5%
- 5-year price change: +47.0%
#5. Waynesboro, PA
- Typical home value: $259,765
- 1-year price change: +4.1%
- 5-year price change: +44.7%
#4. Fayetteville, PA
- Typical home value: $265,078
- 1-year price change: +4.0%
- 5-year price change: +53.0%
#3. Chambersburg, PA
- Typical home value: $269,874
- 1-year price change: +3.7%
- 5-year price change: +44.2%
#2. Mercersburg, PA
- Typical home value: $274,152
- 1-year price change: +2.9%
- 5-year price change: +44.0%
#1. Greencastle, PA
- Typical home value: $302,545
- 1-year price change: +3.3%
- 5-year price change: +38.1%