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Cities with the most expensive homes in the Reading metro area

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FOTOGRIN // Shutterstock
FOTOGRIN // 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 Reading metro area using data from . Charts show the monthly typical home value since January 2018. All 24 cities and towns with data available were included in the list.

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#24. West Reading, PA

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#24. West Reading, PA

- Typical home value: $247,610
- 1-year price change: -0.5%
- 5-year price change: +35.7%

#23. Laureldale, PA

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#23. Laureldale, PA

- Typical home value: $248,323
- 1-year price change: +5.5%
- 5-year price change: +46.5%

#22. West Lawn, PA

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#22. West Lawn, PA

- Typical home value: $257,141
- 1-year price change: +1.7%
- 5-year price change: +37.7%

#21. Shillington, PA

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#21. Shillington, PA

- Typical home value: $267,154
- 1-year price change: +2.4%
- 5-year price change: +40.2%

#19. Topton, PA

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#19. Topton, PA

- Typical home value: $267,551
- 1-year price change: +1.2%
- 5-year price change: +36.1%

#18. Temple, PA

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#18. Temple, PA

- Typical home value: $276,559
- 1-year price change: +5.2%
- 5-year price change: +41.2%

#17. Bally, PA

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#17. Bally, PA

- Typical home value: $281,670
- 1-year price change: -1.5%
- 5-year price change: +27.4%

#16. Shoemakersville, PA

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#16. Shoemakersville, PA

- Typical home value: $290,928
- 1-year price change: +3.6%
- 5-year price change: +39.3%

#15. Hamburg, PA

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#15. Hamburg, PA

- Typical home value: $303,452
- 1-year price change: +3.5%
- 5-year price change: +37.3%

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#14. Womelsdorf, PA

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#14. Womelsdorf, PA

- Typical home value: $312,201
- 1-year price change: +2.7%
- 5-year price change: +33.9%

#13. Richland, PA

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#13. Richland, PA

- Typical home value: $315,300
- 1-year price change: +4.5%
- 5-year price change: +32.3%

#12. Robesonia, PA

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#12. Robesonia, PA

- Typical home value: $332,119
- 1-year price change: +2.7%
- 5-year price change: +32.2%

#11. Bechtelsville, PA

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#11. Bechtelsville, PA

- Typical home value: $338,779
- 1-year price change: +3.0%
- 5-year price change: +25.7%

#9. Boyertown, PA

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#9. Boyertown, PA

- Typical home value: $344,979
- 1-year price change: +3.7%
- 5-year price change: +30.9%

#8. Fleetwood, PA

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#8. Fleetwood, PA

- Typical home value: $357,177
- 1-year price change: +4.4%
- 5-year price change: +33.1%

#7. Wernersville, PA

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#7. Wernersville, PA

- Typical home value: $359,611
- 1-year price change: +3.1%
- 5-year price change: +32.7%

#6. Kutztown, PA

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#6. Kutztown, PA

- Typical home value: $365,989
- 1-year price change: +3.9%
- 5-year price change: +34.7%

#4. Alburtis, PA

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#4. Alburtis, PA

- Typical home value: $370,587
- 1-year price change: +3.7%
- 5-year price change: +37.4%

#3. Wyomissing, PA

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#3. Wyomissing, PA

- Typical home value: $385,844
- 1-year price change: +1.1%
- 5-year price change: +28.5%

#2. Mohnton, PA

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#2. Mohnton, PA

- Typical home value: $399,638
- 1-year price change: +4.4%
- 5-year price change: +36.7%

#1. Bernville, PA

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#1. Bernville, PA

- Typical home value: $407,455
- 1-year price change: +3.8%
- 5-year price change: +32.3%