Cities with the fastest-growing home prices in the Philadelphia metro area
Cities with the fastest-growing home prices in the Philadelphia metro area
The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.
The typical home value in the United States was $360,385 in October, 2.4% higher than the year before.
Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.
Stacker compiled a list of cities with the most expensive homes in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro area using data from Zillow. Charts show the monthly typical home value since January 2018.
#30. Garnet Valley, PA
- 1-year price change: +$30,293 (+4.8%)
- 5-year price change: +$214,547 (+48.2%)
- Typical home value: $659,328 (#14 most expensive city in metro)
#29. Churchville, PA
- 1-year price change: +$30,463 (+4.9%)
- 5-year price change: +$210,382 (+48.3%)
- Typical home value: $646,062 (#18 most expensive city in metro)
#28. Mt Holly Township, NJ
- 1-year price change: +$30,898 (+10.6%)
- 5-year price change: +$134,087 (+71.6%)
- Typical home value: $321,332 (#165 most expensive city in metro)
#27. Maple Shade Township, NJ
- 1-year price change: +$30,962 (+10.7%)
- 5-year price change: +$131,435 (+69.9%)
- Typical home value: $319,334 (#167 most expensive city in metro)
#26. Cinnaminson Township, NJ
- 1-year price change: +$31,162 (+7.8%)
- 5-year price change: +$157,053 (+57.1%)
- Typical home value: $432,105 (#84 most expensive city in metro)
#25. Mullica Hill, NJ
- 1-year price change: +$31,834 (+5.9%)
- 5-year price change: +$220,291 (+63.0%)
- Typical home value: $569,707 (#32 most expensive city in metro)
#24. Bordentown Township, NJ
- 1-year price change: +$32,004 (+8.4%)
- 5-year price change: +$150,355 (+56.9%)
- Typical home value: $414,509 (#97 most expensive city in metro)
#23. New Hanover Township, NJ
- 1-year price change: +$32,058 (+8.5%)
- 5-year price change: +$139,317 (+51.8%)
- Typical home value: $408,350 (#99 most expensive city in metro)
#22. Hainesport Township, NJ
- 1-year price change: +$33,068 (+7.3%)
- 5-year price change: +$173,440 (+55.3%)
- Typical home value: $487,091 (#53 most expensive city in metro)
#21. Riverton, NJ
- 1-year price change: +$33,230 (+8.5%)
- 5-year price change: +$147,721 (+53.1%)
- Typical home value: $425,916 (#87 most expensive city in metro)
#20. Devon, PA
- 1-year price change: +$33,300 (+3.9%)
- 5-year price change: +$285,275 (+46.6%)
- Typical home value: $897,897 (#1 most expensive city in metro)
#19. Mansfield Township, NJ
- 1-year price change: +$33,473 (+7.7%)
- 5-year price change: +$159,395 (+51.4%)
- Typical home value: $469,693 (#64 most expensive city in metro)
#18. Voorhees Township, NJ
- 1-year price change: +$33,653 (+7.5%)
- 5-year price change: +$180,829 (+60.1%)
- Typical home value: $481,958 (#59 most expensive city in metro)
#17. North Hanover Township, NJ
- 1-year price change: +$33,821 (+7.2%)
- 5-year price change: +$178,048 (+54.5%)
- Typical home value: $504,552 (#46 most expensive city in metro)
#16. Lumberton Township, NJ
- 1-year price change: +$34,249 (+8.1%)
- 5-year price change: +$173,874 (+61.4%)
- Typical home value: $457,154 (#72 most expensive city in metro)
#15. Evesham Township, NJ
- 1-year price change: +$34,938 (+8.3%)
- 5-year price change: +$178,725 (+64.3%)
- Typical home value: $456,864 (#73 most expensive city in metro)
#14. Shamong Township, NJ
- 1-year price change: +$35,180 (+7.2%)
- 5-year price change: +$184,290 (+54.3%)
- Typical home value: $523,522 (#40 most expensive city in metro)
#13. Westampton Township, NJ
- 1-year price change: +$35,182 (+9.6%)
- 5-year price change: +$155,203 (+63.2%)
- Typical home value: $400,809 (#105 most expensive city in metro)
#12. New Hope, PA
- 1-year price change: +$35,381 (+4.3%)
- 5-year price change: +$280,369 (+48.2%)
- Typical home value: $861,752 (#3 most expensive city in metro)
#11. Florence Township, NJ
- 1-year price change: +$36,372 (+8.3%)
- 5-year price change: +$161,198 (+51.7%)
- Typical home value: $472,830 (#62 most expensive city in metro)
#10. Eastampton Township, NJ
- 1-year price change: +$36,384 (+8.9%)
- 5-year price change: +$168,564 (+61.1%)
- Typical home value: $444,557 (#79 most expensive city in metro)
#9. Medford Lakes, NJ
- 1-year price change: +$37,054 (+8.0%)
- 5-year price change: +$199,031 (+66.7%)
- Typical home value: $497,427 (#49 most expensive city in metro)
#8. Tabernacle Township, NJ
- 1-year price change: +$37,178 (+8.2%)
- 5-year price change: +$177,311 (+57.0%)
- Typical home value: $488,346 (#52 most expensive city in metro)
#7. Bryn Mawr, PA
- 1-year price change: +$37,321 (+4.7%)
- 5-year price change: +$276,722 (+49.5%)
- Typical home value: $836,126 (#4 most expensive city in metro)
#6. Berwyn, PA
- 1-year price change: +$37,380 (+4.4%)
- 5-year price change: +$278,495 (+46.3%)
- Typical home value: $880,257 (#2 most expensive city in metro)
#5. Narberth, PA
- 1-year price change: +$39,208 (+5.5%)
- 5-year price change: +$238,669 (+46.6%)
- Typical home value: $751,336 (#5 most expensive city in metro)
#4. Medford Township, NJ
- 1-year price change: +$42,892 (+8.0%)
- 5-year price change: +$222,845 (+62.7%)
- Typical home value: $578,370 (#28 most expensive city in metro)
#3. Haddonfield, NJ
- 1-year price change: +$46,145 (+6.6%)
- 5-year price change: +$266,289 (+55.2%)
- Typical home value: $748,747 (#6 most expensive city in metro)
#2. Moorestown Township, NJ
- 1-year price change: +$47,659 (+7.0%)
- 5-year price change: +$233,737 (+47.4%)
- Typical home value: $727,355 (#8 most expensive city in metro)
#1. Chesterfield Township, NJ
- 1-year price change: +$51,525 (+8.5%)
- 5-year price change: +$232,363 (+54.2%)
- Typical home value: $661,229 (#13 most expensive city in metro)