Cities with the most expensive homes in the Philadelphia metro area
Cities with the most expensive homes in the Philadelphia 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 Philadelphia metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 236 cities and towns.
#30. Avondale, PA
- Typical home value: $622,285
- 1-year price change: +2.2%
- 5-year price change: +33.3%
#29. Exton, PA
- Typical home value: $632,817
- 1-year price change: +2.3%
- 5-year price change: +31.9%
#28. Flourtown, PA
- Typical home value: $632,956
- 1-year price change: +3.4%
- 5-year price change: +28.4%
#27. Kennett Square, PA
- Typical home value: $639,034
- 1-year price change: +2.5%
- 5-year price change: +30.6%
#26. Medford Township, NJ
- Typical home value: $641,060
- 1-year price change: +4.0%
- 5-year price change: +44.3%
#25. Yardley, PA
- Typical home value: $649,899
- 1-year price change: +4.0%
- 5-year price change: +33.9%
#24. Paoli, PA
- Typical home value: $651,521
- 1-year price change: +3.1%
- 5-year price change: +32.8%
#23. Media, PA
- Typical home value: $653,708
- 1-year price change: +4.1%
- 5-year price change: +28.5%
#22. West Chester, PA
- Typical home value: $676,838
- 1-year price change: +2.8%
- 5-year price change: +32.6%
#21. Glenmoore, PA
- Typical home value: $696,892
- 1-year price change: +5.3%
- 5-year price change: +35.4%
#20. Garnet Valley, PA
- Typical home value: $706,987
- 1-year price change: +2.2%
- 5-year price change: +36.8%
#19. Ambler, PA
- Typical home value: $710,701
- 1-year price change: +3.1%
- 5-year price change: +28.4%
#18. Churchville, PA
- Typical home value: $711,923
- 1-year price change: +4.7%
- 5-year price change: +33.3%
#17. Blue Bell, PA
- Typical home value: $713,768
- 1-year price change: +3.2%
- 5-year price change: +31.0%
#16. Glen Mills, PA
- Typical home value: $714,979
- 1-year price change: +3.1%
- 5-year price change: +33.9%
#15. Chesterfield Township, NJ
- Typical home value: $720,215
- 1-year price change: +3.5%
- 5-year price change: +42.9%
#14. Richboro, PA
- Typical home value: $728,485
- 1-year price change: +5.4%
- 5-year price change: +33.6%
#13. Dresher, PA
- Typical home value: $731,978
- 1-year price change: +3.5%
- 5-year price change: +29.3%
#12. Furlong, PA
- Typical home value: $768,673
- 1-year price change: +3.6%
- 5-year price change: +27.8%
#11. Chester Springs, PA
- Typical home value: $777,699
- 1-year price change: +2.3%
- 5-year price change: +35.0%
#10. Moorestown Township, NJ
- Typical home value: $781,636
- 1-year price change: +4.8%
- 5-year price change: +36.1%
#9. Fort Washington, PA
- Typical home value: $787,245
- 1-year price change: +2.1%
- 5-year price change: +27.8%
#8. Malvern, PA
- Typical home value: $814,474
- 1-year price change: +2.5%
- 5-year price change: +31.4%
#7. Wynnewood, PA
- Typical home value: $840,719
- 1-year price change: +4.3%
- 5-year price change: +35.2%
#6. Haddonfield, NJ
- Typical home value: $861,158
- 1-year price change: +8.3%
- 5-year price change: +46.2%
#5. Narberth, PA
- Typical home value: $886,863
- 1-year price change: +6.9%
- 5-year price change: +35.8%
#4. Bryn Mawr, PA
- Typical home value: $942,631
- 1-year price change: +5.5%
- 5-year price change: +37.7%
#3. New Hope, PA
- Typical home value: $975,375
- 1-year price change: +6.9%
- 5-year price change: +33.7%
#2. Berwyn, PA
- Typical home value: $996,248
- 1-year price change: +5.5%
- 5-year price change: +38.1%
#1. Devon, PA
- Typical home value: $1,036,162
- 1-year price change: +7.3%
- 5-year price change: +41.6%