Cities with the most expensive homes in Pennsylvania

Written by:
March 3, 2021
realtor.com

Cities with the most expensive homes in Pennsylvania

Buying a home is an investment—and an increasingly expensive one. The median value of a home in the United States today is more than a quarter of a million dollars with a mortgage, and $167,000 without one. Meanwhile, the median monthly housing cost for a home with a mortgage is $1,558 and $490 without a mortgage.

Stacker compiled a list of cities with the most expensive homes in Pennsylvania using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of January 2021. Listings and images are from realtor.com.

Home buyers have a lot to consider when house-hunting or looking to invest in rental properties, from the state of the housing market itself to taxes and potential resale value. The housing market grew robust and pricey in the decade following the 2008 recession, and more recently saw a boom during the coronavirus pandemic. Another consideration is the house itself, including what kind of upkeep it requires and those associated costs. Depreciation affects all homes at an average rate of 3.636% each year, which can be a help come tax season if you use your home for business or rentals but may cost you later in capital gains taxes when you sell. Meanwhile, land value tends to increase over time depending on several factors including where the house is located and what amenities and homes are nearby. More desirable neighborhoods allow sellers to charge more; the mantra "location, location, location" has never been more relevant.

Do you live in the area with the most expensive real estate market in your state? Keep reading to find out.

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#30. Media

- Typical home value: $441,527
- 1 year home value change: +9.3%
- 10 year home value change: +40.5%
- #2,260 most expensive city nationwide

- Pictured: 188 Dam View Dr, Media ($1.9 million, 6 bedrooms)
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#29. Kennett Square

- Typical home value: $442,546
- 1 year home value change: +9.5%
- 10 year home value change: +28.1%
- #2,249 most expensive city nationwide

- Pictured: 108 Pennfield Dr, Kennett Square ($1.8 million, 4 bedrooms)
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#28. Upper Providence Township

- Typical home value: $446,313
- 1 year home value change: +6.6%
- 10 year home value change: +22.2%
- #2,200 most expensive city nationwide

- Pictured: 188 Dam View Dr, Media ($1.9 million, 6 bedrooms)
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#27. Glenmoore

- Typical home value: $457,663
- 1 year home value change: +9.2%
- 10 year home value change: +26.0%
- #2,094 most expensive city nationwide

- Pictured: 36 Popjoy Ln, Glenmoore ($1.4 million, 5 bedrooms)
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#26. Yardley

- Typical home value: $458,604
- 1 year home value change: +9.0%
- 10 year home value change: +36.2%
- #2,082 most expensive city nationwide

- Pictured: 1748 Quarry Rd, Yardley ($1.6 million, 5 bedrooms)
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#25. Paoli

- Typical home value: $461,004
- 1 year home value change: +7.3%
- 10 year home value change: +27.4%
- #2,059 most expensive city nationwide

- Pictured: Pennsylvania Ave Lot 1, Paoli ($1.6 million, 5 bedrooms)
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#24. Mars

- Typical home value: $464,126
- 1 year home value change: +6.7%
- 10 year home value change: +27.0%
- #2,020 most expensive city nationwide

- Pictured: 1659 Chaple Ridge Ln, Mars ($4.0 million, 4 bedrooms)
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#23. West Chester

- Typical home value: $465,421
- 1 year home value change: +8.0%
- 10 year home value change: +27.2%
- #2,008 most expensive city nationwide

- Pictured: 1245 S Creek Rd, West Chester ($8.6 million, 5 bedrooms)
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#22. Bryn Athyn

- Typical home value: $476,119
- 1 year home value change: +11.6%
- 10 year home value change: +26.4%
- #1,913 most expensive city nationwide

- Pictured: Ella Cir Lot 4, Huntingdon Valley ($429,900, 3 bedrooms)
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#21. Blue Bell

- Typical home value: $478,860
- 1 year home value change: +6.9%
- 10 year home value change: +23.5%
- #1,889 most expensive city nationwide

- Pictured: 525 Lewis Ln, Ambler ($6.9 million, 7 bedrooms)
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#20. Ambler

- Typical home value: $478,886
- 1 year home value change: +8.9%
- 10 year home value change: +31.9%
- #1,888 most expensive city nationwide

- Pictured: 525 Lewis Ln, Ambler ($6.9 million, 7 bedrooms)
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#19. Garnet Valley

- Typical home value: $481,187
- 1 year home value change: +8.5%
- 10 year home value change: +23.2%
- #1,872 most expensive city nationwide

- Pictured: 1640 Bethel Rd, Garnet Valley ($2.3 million, 3 bedrooms)
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#18. Churchville

- Typical home value: $483,143
- 1 year home value change: +6.4%
- 10 year home value change: +20.8%
- #1,847 most expensive city nationwide

- Pictured: 119 Danby Ct, Churchville ($859,900, 7 bedrooms)
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#17. Richboro

- Typical home value: $496,652
- 1 year home value change: +7.7%
- 10 year home value change: +24.0%
- #1,741 most expensive city nationwide

- Pictured: 795 Newtown Richboro Rd, Richboro ($1.4 million, 5 bedrooms)
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#16. Glen Mills

- Typical home value: $509,033
- 1 year home value change: +8.0%
- 10 year home value change: +26.4%
- #1,648 most expensive city nationwide

- Pictured: 338 Concord Rd, Glen Mills ($1.5 million, 4 bedrooms)
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#15. Manheim Township

- Typical home value: $513,796
- 1 year home value change: +11.7%
- 10 year home value change: +35.3%
- #1,606 most expensive city nationwide

- Pictured: 3427 N Colebrook Rd, Manheim ($449,900, 4 bedrooms)
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#14. Chester Springs

- Typical home value: $523,002
- 1 year home value change: +7.2%
- 10 year home value change: +25.0%
- #1,545 most expensive city nationwide

- Pictured: 641 Red Bone Rd, Chester Springs ($2.5 million, 5 bedrooms)
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#13. Malvern

- Typical home value: $540,897
- 1 year home value change: +6.8%
- 10 year home value change: +25.7%
- #1,410 most expensive city nationwide

- Pictured: 12 Hunt Club Ln, Malvern ($4.5 million, 4 bedrooms)
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#12. Cheyney

- Typical home value: $600,215
- 1 year home value change: +11.1%
- 10 year home value change: +35.7%
- #1,094 most expensive city nationwide

- Pictured: 701 Cheyney Rd, Cheyney ($1.1 million, 8 bedrooms)
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#11. Radnor Township

- Typical home value: $601,674
- 1 year home value change: -1.5%
- 10 year home value change: +14.1%
- #1,091 most expensive city nationwide

- Pictured: 770 Godfrey Rd, Villanova ($14.0 million, 10 bedrooms)
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#10. Wynnewood

- Typical home value: $603,901
- 1 year home value change: +7.0%
- 10 year home value change: +32.0%
- #1,081 most expensive city nationwide

- Pictured: 111 Cherry Ln, Wynnewood ($2.3 million, 6 bedrooms)
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#9. Barrett Township

- Typical home value: $633,206
- 1 year home value change: -1.9%
- 10 year home value change: +3.0%
- #974 most expensive city nationwide

- Pictured: 2873 Route 390, Barrett Township ($949,500, 3 bedrooms)
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#8. Narberth

- Typical home value: $638,273
- 1 year home value change: +8.1%
- 10 year home value change: +35.9%
- #957 most expensive city nationwide

- Pictured: 331 Sprague Rd, Narberth ($2.2 million, 7 bedrooms)
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#7. New Hope

- Typical home value: $665,361
- 1 year home value change: +7.1%
- 10 year home value change: +25.4%
- #875 most expensive city nationwide

- Pictured: 6550 Meetinghouse Rd, New Hope ($8.9 million, 7 bedrooms)
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#6. Buckingham Township

- Typical home value: $697,574
- 1 year home value change: +14.4%
- 10 year home value change: +30.2%
- #767 most expensive city nationwide

- Pictured: 15 Hollister Ln, Moscow ($75,000, 3 bedrooms)
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#5. Bryn Mawr

- Typical home value: $701,063
- 1 year home value change: +9.4%
- 10 year home value change: +24.8%
- #758 most expensive city nationwide

- Pictured: 1101 Lafayette Rd, Bryn Mawr ($5.0 million, 8 bedrooms)
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#4. Edgeworth

- Typical home value: $730,453
- 1 year home value change: +6.6%
- 10 year home value change: +37.4%
- #686 most expensive city nationwide

- Pictured: 755 Chestnut Rd, Sewickley ($3.9 million, 5 bedrooms)
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#3. Chadds Ford Township

- Typical home value: $996,444
- 1 year home value change: +8.9%
- 10 year home value change: +26.2%
- #330 most expensive city nationwide

- Pictured: 907 Shipley Rd, Wilmington ($440,000, 4 bedrooms)
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#2. Lower Merion Township

- Typical home value: $1.0 million
- 1 year home value change: -4.9%
- 10 year home value change: +9.7%
- #308 most expensive city nationwide

- Pictured: 333 E Essex Ave, Lansdowne ($185,000, 4 bedrooms)
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#1. Charlestown Township

- Typical home value: $1.7 million
- 1 year home value change: +1.3%
- 10 year home value change: +16.5%
- #106 most expensive city nationwide

- Pictured: 200 Winding Way Unit J26, Downingtown ($144,900, 2 bedrooms)

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