
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 $359,741 in March, 1.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of April 17, the 30-year fixed mortgage rate sits at 6.83%.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: $264,394
- 1-year price change: +6.2%
- 5-year price change: +50.2%

#6. Myerstown, PA
- Typical home value: $295,704
- 1-year price change: +6.1%
- 5-year price change: +43.4%

#5. Jonestown, PA
- Typical home value: $298,769
- 1-year price change: +5.5%
- 5-year price change: +47.6%

#4. Newmanstown, PA
- Typical home value: $318,920
- 1-year price change: +5.0%
- 5-year price change: +45.3%

#3. Palmyra, PA
- Typical home value: $325,860
- 1-year price change: +5.2%
- 5-year price change: +45.5%

#2. Fredericksburg, PA
- Typical home value: $327,213
- 1-year price change: +5.4%
- 5-year price change: +48.0%

#1. Mount Gretna, PA
- Typical home value: $383,338
- 1-year price change: +2.3%
- 5-year price change: +45.2%