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 $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 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: $87,157
- 1-year price change: -5.1%
- 5-year price change: -15.9%
#7. Northern Cambria, PA
- Typical home value: $90,208
- 1-year price change: -16.6%
- 5-year price change: -37.4%
#6. Johnstown, PA
- Typical home value: $107,254
- 1-year price change: -7.0%
- 5-year price change: +4.7%
#5. Patton, PA
- Typical home value: $125,095
- 1-year price change: -18.2%
- 5-year price change: -33.4%
#4. Hastings, PA
- Typical home value: $137,005
- 1-year price change: -14.8%
- 5-year price change: -26.4%
#3. Lilly, PA
- Typical home value: $147,234
- 1-year price change: -6.2%
- 5-year price change: data not available
#2. Ashville, PA
- Typical home value: $161,989
- 1-year price change: -2.3%
- 5-year price change: +0.3%
#1. Ebensburg, PA
- Typical home value: $208,774
- 1-year price change: -1.3%
- 5-year price change: -0.5%