Cities with the most expensive homes in the Atlantic City metro area
Cities with the most expensive homes in the Atlantic City 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, plays a huge role for buyers.
The typical home value in the United States was $372,057 in June, 1.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 16, the sits at 6.55%.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.
#18. Atlantic City, NJ
- Typical home value: $221,432
- 1-year price change: +1.7%
- 5-year price change: +56.0%
#17. Pleasantville, NJ
- Typical home value: $247,524
- 1-year price change: +3.8%
- 5-year price change: +57.1%
#16. Mays Landing, NJ
- Typical home value: $315,345
- 1-year price change: +1.4%
- 5-year price change: +41.6%
#15. Buena, NJ
- Typical home value: $332,158
- 1-year price change: -3.8%
- 5-year price change: +20.6%
#14. Corbin City, NJ
- Typical home value: $337,241
- 1-year price change: +1.0%
- 5-year price change: +28.7%
#13. Egg Harbor City, NJ
- Typical home value: $346,655
- 1-year price change: +1.5%
- 5-year price change: +44.1%
#12. Absecon, NJ
- Typical home value: $351,956
- 1-year price change: +4.8%
- 5-year price change: +51.9%
#11. Estell Manor, NJ
- Typical home value: $384,947
- 1-year price change: +5.0%
- 5-year price change: +43.9%
#10. Hammonton, NJ
- Typical home value: $387,003
- 1-year price change: +4.2%
- 5-year price change: +37.3%
#9. Northfield, NJ
- Typical home value: $401,964
- 1-year price change: +3.6%
- 5-year price change: +52.7%
#8. Egg Harbor Township, NJ
- Typical home value: $415,262
- 1-year price change: +5.1%
- 5-year price change: +52.6%
#7. Somers Point, NJ
- Typical home value: $438,234
- 1-year price change: +4.0%
- 5-year price change: +58.8%
#6. Port Republic, NJ
- Typical home value: $441,007
- 1-year price change: +1.9%
- 5-year price change: +39.3%
#5. Linwood, NJ
- Typical home value: $506,770
- 1-year price change: +5.5%
- 5-year price change: +48.4%
#4. Ventnor City, NJ
- Typical home value: $644,493
- 1-year price change: +8.8%
- 5-year price change: +67.2%
#3. Brigantine, NJ
- Typical home value: $727,999
- 1-year price change: +5.5%
- 5-year price change: +51.9%
#2. Margate City, NJ
- Typical home value: $1,127,812
- 1-year price change: +9.4%
- 5-year price change: +70.7%
#1. Longport, NJ
- Typical home value: $1,520,499
- 1-year price change: +3.3%
- 5-year price change: +48.0%