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Cities with the most expensive homes in the Johnstown metro area

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Volodymyr Kyrylyuk // Shutterstock
Volodymyr Kyrylyuk // 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 Johnstown metro area using data from . Charts show the monthly typical home value since January 2018. All 8 cities and towns with data available were included in the list.

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#8. Nanty Glo, PA

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1 / 8

#8. Nanty Glo, PA

- Typical home value: $77,728
- 1-year price change: +5.9%
- 5-year price change: -11.8%

#7. Northern Cambria, PA

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2 / 8

#7. Northern Cambria, PA

- Typical home value: $84,273
- 1-year price change: +1.9%
- 5-year price change: -34.5%

#6. Johnstown, PA

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3 / 8

#6. Johnstown, PA

- Typical home value: $97,462
- 1-year price change: +3.8%
- 5-year price change: +2.5%

#5. Patton, PA

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4 / 8

#5. Patton, PA

- Typical home value: $112,735
- 1-year price change: -7.9%
- 5-year price change: -42.0%

#4. Hastings, PA

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5 / 8

#4. Hastings, PA

- Typical home value: $120,616
- 1-year price change: -11.3%
- 5-year price change: -35.2%

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#3. Lilly, PA

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6 / 8

#3. Lilly, PA

- Typical home value: $138,872
- 1-year price change: -1.8%
- 5-year price change: -26.0%

#2. Ashville, PA

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7 / 8

#2. Ashville, PA

- Typical home value: $163,460
- 1-year price change: +6.3%
- 5-year price change: +3.3%

#1. Ebensburg, PA

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8 / 8

#1. Ebensburg, PA

- Typical home value: $207,609
- 1-year price change: +8.5%
- 5-year price change: +4.8%