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Cities with the most expensive homes in the Atlantic City metro area

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Arina P Habich // Shutterstock
Arina P Habich // Shutterstock

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, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

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.

compiled a list of cities with the most expensive homes in the Atlantic City metro area using data from . Charts show the monthly typical home value since January 2018. All 18 cities and towns with data available were included in the list.

You may also like: How much house does $500,000 buy you in Atlantic City?

#18. Atlantic City, NJ

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#18. Atlantic City, NJ

- Typical home value: $223,298
- 1-year price change: +2.6%
- 5-year price change: +52.5%

#17. Pleasantville, NJ

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#17. Pleasantville, NJ

- Typical home value: $249,388
- 1-year price change: +5.3%
- 5-year price change: +52.4%

#16. Mays Landing, NJ

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#16. Mays Landing, NJ

- Typical home value: $310,435
- 1-year price change: +1.5%
- 5-year price change: +37.9%

#15. Buena, NJ

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#15. Buena, NJ

- Typical home value: $328,417
- 1-year price change: -3.4%
- 5-year price change: +16.4%

#13. Egg Harbor City, NJ

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#13. Egg Harbor City, NJ

- Typical home value: $340,000
- 1-year price change: +1.5%
- 5-year price change: +38.8%

#12. Absecon, NJ

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#12. Absecon, NJ

- Typical home value: $349,167
- 1-year price change: +4.7%
- 5-year price change: +47.2%

#11. Estell Manor, NJ

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#11. Estell Manor, NJ

- Typical home value: $376,450
- 1-year price change: +4.8%
- 5-year price change: +40.3%

#10. Hammonton, NJ

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#10. Hammonton, NJ

- Typical home value: $384,692
- 1-year price change: +3.9%
- 5-year price change: +34.2%

#8. Egg Harbor Township, NJ

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#8. Egg Harbor Township, NJ

- Typical home value: $413,031
- 1-year price change: +4.9%
- 5-year price change: +49.0%

#7. Somers Point, NJ

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#7. Somers Point, NJ

- Typical home value: $434,877
- 1-year price change: +5.7%
- 5-year price change: +53.8%

#6. Port Republic, NJ

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#6. Port Republic, NJ

- Typical home value: $440,827
- 1-year price change: +2.2%
- 5-year price change: +36.3%

#5. Linwood, NJ

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#5. Linwood, NJ

- Typical home value: $504,339
- 1-year price change: +5.9%
- 5-year price change: +45.1%

#3. Brigantine, NJ

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#3. Brigantine, NJ

- Typical home value: $730,472
- 1-year price change: +6.8%
- 5-year price change: +44.9%

#2. Margate City, NJ

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#2. Margate City, NJ

- Typical home value: $1,138,701
- 1-year price change: +12.2%
- 5-year price change: +66.8%

#1. Longport, NJ

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#1. Longport, NJ

- Typical home value: $1,559,723
- 1-year price change: +7.6%
- 5-year price change: +44.5%