Cities with the most expensive homes in the Williamsport metro area
Cities with the most expensive homes in the Williamsport 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 $359,078 in December, 0.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of January 15, the 30-year fixed mortgage rate sits at 6.06%.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 Williamsport 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. South Williamsport, PA
- Typical home value: $184,835
- 1-year price change: +4.4%
- 5-year price change: +28.0%
#6. Williamsport, PA
- Typical home value: $197,473
- 1-year price change: +4.4%
- 5-year price change: +26.4%
#5. Duboistown, PA
- Typical home value: $198,783
- 1-year price change: +0.8%
- 5-year price change: +27.8%
#4. Jersey Shore, PA
- Typical home value: $212,336
- 1-year price change: +4.2%
- 5-year price change: +29.6%
#3. Montgomery, PA
- Typical home value: $219,929
- 1-year price change: +2.8%
- 5-year price change: +25.0%
#2. Hughesville, PA
- Typical home value: $239,801
- 1-year price change: +4.6%
- 5-year price change: +27.7%
#1. Montoursville, PA
- Typical home value: $274,244
- 1-year price change: +5.5%
- 5-year price change: +31.2%