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 $360,999 in September, 2.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of October 17, the 30-year fixed mortgage rate sits at 6.44%.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: $70,084
- 1-year price change: -12.5%
- 5-year price change: +0.8%
#7. Northern Cambria, PA
- Typical home value: $77,955
- 1-year price change: -9.6%
- 5-year price change: -19.7%
#6. Johnstown, PA
- Typical home value: $99,117
- 1-year price change: +0.6%
- 5-year price change: +19.6%
#5. Patton, PA
- Typical home value: $106,097
- 1-year price change: -13.4%
- 5-year price change: -14.8%
#4. Hastings, PA
- Typical home value: $114,661
- 1-year price change: -6.7%
- 5-year price change: -9.1%
#3. Lilly, PA
- Typical home value: $125,136
- 1-year price change: -16.4%
- 5-year price change: data not available
#2. Ashville, PA
- Typical home value: $148,046
- 1-year price change: +0.8%
- 5-year price change: +12.9%
#1. Ebensburg, PA
- Typical home value: $193,427
- 1-year price change: -2.9%
- 5-year price change: +4.8%