Cities with the most expensive homes in the Johnstown metro area
Cities with the most expensive homes in the Johnstown 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 Johnstown metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 8 cities and towns with data available were included in the list.
#8. Nanty Glo, PA
- Typical home value: $75,956
- 1-year price change: -8.7%
- 5-year price change: +3.1%
#7. Northern Cambria, PA
- Typical home value: $84,099
- 1-year price change: -6.0%
- 5-year price change: -19.1%
#6. Johnstown, PA
- Typical home value: $100,223
- 1-year price change: +4.1%
- 5-year price change: +20.4%
#5. Patton, PA
- Typical home value: $111,594
- 1-year price change: -10.2%
- 5-year price change: -16.0%
#4. Hastings, PA
- Typical home value: $121,425
- 1-year price change: -2.1%
- 5-year price change: -10.0%
#3. Lilly, PA
- Typical home value: $130,222
- 1-year price change: -11.8%
- 5-year price change: data not available
#2. Ashville, PA
- Typical home value: $157,442
- 1-year price change: +3.9%
- 5-year price change: +16.4%
#1. Ebensburg, PA
- Typical home value: $198,238
- 1-year price change: +0.8%
- 5-year price change: +5.3%