Cities with the fastest growing home prices in Philadelphia metro area

Written by:
September 29, 2022
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Cities with the fastest growing home prices in Philadelphia metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro area using data from Zillow. Cities are ranked by 1-year price change as of August 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. Data was available for 238 cities and towns in Philadelphia.

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Stacker

#30. Ambler, Pennsylvania

- 1-year price change: +$55,126 (+10.3%)
- 5-year price change: +$191,461 (+47.7%)
- Typical home value: $592,747 (#14 most expensive city in metro)
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Stacker

#29. Oxford, Pennsylvania

- 1-year price change: +$55,237 (+16.1%)
- 5-year price change: +$135,054 (+51.4%)
- Typical home value: $397,889 (#87 most expensive city in metro)
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Stacker

#28. Bryn Athyn, Pennsylvania

- 1-year price change: +$55,475 (+10.6%)
- 5-year price change: +$135,054 (data not available)
- Typical home value: $578,046 (#18 most expensive city in metro)
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#27. Swedesboro, Pennsylvania

- 1-year price change: +$55,885 (+16.3%)
- 5-year price change: +$133,981 (+50.4%)
- Typical home value: $399,732 (#85 most expensive city in metro)
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#26. Tabernacle Township, Pennsylvania

- 1-year price change: +$56,402 (+15.2%)
- 5-year price change: +$139,214 (+48.2%)
- Typical home value: $428,297 (#64 most expensive city in metro)

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Stacker

#25. Cherry Hill Township, Pennsylvania

- 1-year price change: +$56,907 (+16.6%)
- 5-year price change: +$144,898 (+56.7%)
- Typical home value: $400,587 (#84 most expensive city in metro)
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#24. Cinnaminson Township, Pennsylvania

- 1-year price change: +$57,284 (+16.8%)
- 5-year price change: +$140,910 (+54.7%)
- Typical home value: $398,579 (#86 most expensive city in metro)
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Stacker

#23. Townsend, Pennsylvania

- 1-year price change: +$58,198 (+14.6%)
- 5-year price change: +$145,585 (+46.8%)
- Typical home value: $456,764 (#49 most expensive city in metro)
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Stacker

#22. Haddon Heights, Pennsylvania

- 1-year price change: +$58,449 (+16.3%)
- 5-year price change: +$146,773 (+54.2%)
- Typical home value: $417,642 (#76 most expensive city in metro)
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#21. West Chester, Pennsylvania

- 1-year price change: +$58,584 (+11.6%)
- 5-year price change: +$156,075 (+38.1%)
- Typical home value: $565,800 (#19 most expensive city in metro)

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#20. Richboro, Pennsylvania

- 1-year price change: +$59,070 (+10.7%)
- 5-year price change: +$181,746 (+42.3%)
- Typical home value: $611,544 (#11 most expensive city in metro)
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#19. Voorhees Township, Pennsylvania

- 1-year price change: +$59,210 (+16.3%)
- 5-year price change: +$145,350 (+52.5%)
- Typical home value: $422,343 (#69 most expensive city in metro)
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#18. Hockessin, Pennsylvania

- 1-year price change: +$59,615 (+11.8%)
- 5-year price change: +$160,353 (+39.6%)
- Typical home value: $564,901 (#20 most expensive city in metro)
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#17. Blue Bell, Pennsylvania

- 1-year price change: +$59,865 (+11.3%)
- 5-year price change: +$172,373 (+41.3%)
- Typical home value: $589,974 (#16 most expensive city in metro)
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#16. Wynnewood, Pennsylvania

- 1-year price change: +$59,998 (+9.2%)
- 5-year price change: +$212,158 (+42.2%)
- Typical home value: $714,851 (#4 most expensive city in metro)

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#15. Middletown, Pennsylvania

- 1-year price change: +$60,579 (+14.3%)
- 5-year price change: +$149,073 (+44.6%)
- Typical home value: $483,097 (#38 most expensive city in metro)
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#14. Medford Township, Pennsylvania

- 1-year price change: +$60,781 (+13.7%)
- 5-year price change: +$156,759 (+45.3%)
- Typical home value: $502,835 (#32 most expensive city in metro)
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#13. Exton, Pennsylvania

- 1-year price change: +$62,111 (+13.1%)
- 5-year price change: +$152,998 (+39.8%)
- Typical home value: $537,310 (#24 most expensive city in metro)
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#12. Pilesgrove, Pennsylvania

- 1-year price change: +$65,352 (+21.5%)
- 5-year price change: +$147,000 (+66.2%)
- Typical home value: $369,191 (#99 most expensive city in metro)
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#11. Glenmoore, Pennsylvania

- 1-year price change: +$65,577 (+12.5%)
- 5-year price change: +$181,729 (+44.7%)
- Typical home value: $588,181 (#17 most expensive city in metro)

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#10. Garnet Valley, Pennsylvania

- 1-year price change: +$66,774 (+12.3%)
- 5-year price change: +$171,549 (+39.2%)
- Typical home value: $609,453 (#12 most expensive city in metro)
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#9. Moorestown Township, Pennsylvania

- 1-year price change: +$67,260 (+11.7%)
- 5-year price change: +$179,489 (+38.6%)
- Typical home value: $644,061 (#9 most expensive city in metro)
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Stacker

#8. Shamong Township, Pennsylvania

- 1-year price change: +$67,452 (+16.4%)
- 5-year price change: +$146,060 (+44.0%)
- Typical home value: $478,135 (#39 most expensive city in metro)
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#7. Malvern, Pennsylvania

- 1-year price change: +$76,481 (+12.8%)
- 5-year price change: +$189,051 (+38.9%)
- Typical home value: $674,450 (#7 most expensive city in metro)
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#6. Bryn Mawr, Pennsylvania

- 1-year price change: +$77,345 (+10.2%)
- 5-year price change: +$252,153 (+43.1%)
- Typical home value: $837,322 (#1 most expensive city in metro)

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Stacker

#5. Haddonfield, Pennsylvania

- 1-year price change: +$77,793 (+12.9%)
- 5-year price change: +$227,595 (+50.0%)
- Typical home value: $682,867 (#6 most expensive city in metro)
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#4. Chester Springs, Pennsylvania

- 1-year price change: +$80,093 (+13.8%)
- 5-year price change: +$186,043 (+39.2%)
- Typical home value: $660,404 (#8 most expensive city in metro)
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#3. Chesterfield Township, Pennsylvania

- 1-year price change: +$80,684 (+15.5%)
- 5-year price change: +$164,809 (+37.6%)
- Typical home value: $602,587 (#13 most expensive city in metro)
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#2. Mullica Hill, Pennsylvania

- 1-year price change: +$81,009 (+18.4%)
- 5-year price change: +$174,034 (+50.2%)
- Typical home value: $520,496 (#30 most expensive city in metro)
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#1. New Hope, Pennsylvania

- 1-year price change: +$83,256 (+11.2%)
- 5-year price change: +$243,964 (+42.1%)
- Typical home value: $824,053 (#2 most expensive city in metro)

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