Cities with the most expensive homes in the East Stroudsburg metro area
Cities with the most expensive homes in the East Stroudsburg 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 East Stroudsburg metro area using data from . Charts show the monthly typical home value since January 2018. All 10 cities and towns with data available were included in the list.
#10. Mount Pocono, PA
- Typical home value: $251,086
- 1-year price change: +2.6%
- 5-year price change: +31.7%
#9. Pocono Lake, PA
- Typical home value: $288,010
- 1-year price change: -1.7%
- 5-year price change: +33.5%
#8. Delaware Water Gap, PA
- Typical home value: $315,171
- 1-year price change: -1.1%
- 5-year price change: +29.2%
#7. East Stroudsburg, PA
- Typical home value: $319,967
- 1-year price change: +1.4%
- 5-year price change: +28.7%
#6. Effort, PA
- Typical home value: $322,858
- 1-year price change: +0.3%
- 5-year price change: +25.1%
#5. Henryville, PA
- Typical home value: $329,817
- 1-year price change: +2.8%
- 5-year price change: +29.2%
#4. Tannersville, PA
- Typical home value: $346,456
- 1-year price change: +1.9%
- 5-year price change: +29.7%
#3. Stroudsburg, PA
- Typical home value: $361,046
- 1-year price change: +1.7%
- 5-year price change: +26.9%
#2. Brodheadsville, PA
- Typical home value: $366,541
- 1-year price change: +2.1%
- 5-year price change: +28.8%
#1. Pocono Pines, PA
- Typical home value: $454,156
- 1-year price change: -1.4%
- 5-year price change: +26.0%