
Cities with the most expensive homes in the Lebanon 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 $366,289 in May, 0.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of June 18, the 30-year fixed mortgage rate sits at 6.81%.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 Lebanon metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 7 cities and towns with data available were included in the list.

#7. Lebanon, PA
- Typical home value: $278,401
- 1-year price change: +4.7%
- 5-year price change: +49.3%

#6. Myerstown, PA
- Typical home value: $312,652
- 1-year price change: +4.9%
- 5-year price change: +43.7%

#5. Jonestown, PA
- Typical home value: $316,271
- 1-year price change: +4.6%
- 5-year price change: +47.8%

#4. Newmanstown, PA
- Typical home value: $334,006
- 1-year price change: +4.4%
- 5-year price change: +45.4%

#3. Palmyra, PA
- Typical home value: $339,929
- 1-year price change: +4.5%
- 5-year price change: +45.6%

#2. Fredericksburg, PA
- Typical home value: $342,310
- 1-year price change: +3.9%
- 5-year price change: +47.9%

#1. Mount Gretna, PA
- Typical home value: $399,145
- 1-year price change: +2.0%
- 5-year price change: +47.4%