Cities with the most expensive homes in the Altoona metro area
Cities with the most expensive homes in the Altoona 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 $364,891 in September, 0.0% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of October 16, the 30-year fixed mortgage rate sits at 6.27%.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 Altoona 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. Altoona, PA
- Typical home value: $138,040
- 1-year price change: +2.9%
- 5-year price change: +14.6%
#7. Claysburg, PA
- Typical home value: $154,749
- 1-year price change: -3.3%
- 5-year price change: data not available
#6. Bellwood, PA
- Typical home value: $168,384
- 1-year price change: +12.1%
- 5-year price change: +4.9%
#5. Williamsburg, PA
- Typical home value: $182,201
- 1-year price change: +8.1%
- 5-year price change: data not available
#4. Roaring Spring, PA
- Typical home value: $201,106
- 1-year price change: +8.3%
- 5-year price change: +18.9%
#3. Duncansville, PA
- Typical home value: $238,943
- 1-year price change: +3.8%
- 5-year price change: +18.5%
#2. Martinsburg, PA
- Typical home value: $249,897
- 1-year price change: +5.1%
- 5-year price change: +22.8%
#1. Hollidaysburg, PA
- Typical home value: $252,199
- 1-year price change: +5.3%
- 5-year price change: +19.9%