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 $367,965 in July, 0.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of August 21, the 30-year fixed mortgage rate sits at 6.58%.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: $279,814
- 1-year price change: +5.3%
- 5-year price change: +51.3%

#6. Myerstown, PA
- Typical home value: $313,575
- 1-year price change: +4.9%
- 5-year price change: +44.2%

#5. Jonestown, PA
- Typical home value: $317,512
- 1-year price change: +5.1%
- 5-year price change: +47.8%

#4. Newmanstown, PA
- Typical home value: $336,280
- 1-year price change: +5.5%
- 5-year price change: +46.3%

#3. Palmyra, PA
- Typical home value: $343,395
- 1-year price change: +5.3%
- 5-year price change: +45.9%

#2. Fredericksburg, PA
- Typical home value: $344,860
- 1-year price change: +4.2%
- 5-year price change: +47.9%

#1. Mount Gretna, PA
- Typical home value: $404,875
- 1-year price change: +4.3%
- 5-year price change: +51.3%