Cities with the most expensive homes in the Harrisonburg metro area
Cities with the most expensive homes in the Harrisonburg 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 $365,545 in March, 0.8% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of April 16, the sits at 6.3%.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 Harrisonburg metro area using data from . Charts show the monthly typical home value since January 2018. All 15 cities and towns with data available were included in the list.
#15. Hinton, VA
- Typical home value: $258,904
- 1-year price change: +2.7%
- 5-year price change: +27.1%
#14. Fulks Run, VA
- Typical home value: $285,979
- 1-year price change: -1.5%
- 5-year price change: data not available
#13. Timberville, VA
- Typical home value: $288,009
- 1-year price change: +3.2%
- 5-year price change: +37.7%
#12. Broadway, VA
- Typical home value: $319,645
- 1-year price change: +2.2%
- 5-year price change: +37.2%
#11. Elkton, VA
- Typical home value: $321,153
- 1-year price change: +2.2%
- 5-year price change: +34.3%
#10. New Market, VA
- Typical home value: $334,337
- 1-year price change: +0.5%
- 5-year price change: +35.6%
#9. Singers Glen, VA
- Typical home value: $342,897
- 1-year price change: +0.9%
- 5-year price change: data not available
#8. Harrisonburg, VA
- Typical home value: $348,178
- 1-year price change: +4.2%
- 5-year price change: +25.0%
#7. Dayton, VA
- Typical home value: $364,003
- 1-year price change: +3.4%
- 5-year price change: +35.1%
#6. Linville, VA
- Typical home value: $366,839
- 1-year price change: +1.6%
- 5-year price change: +31.0%
#5. Bridgewater, VA
- Typical home value: $375,081
- 1-year price change: +1.9%
- 5-year price change: +32.0%
#4. Port Republic, VA
- Typical home value: $407,511
- 1-year price change: +5.1%
- 5-year price change: +34.1%
#3. Mount Crawford, VA
- Typical home value: $408,367
- 1-year price change: +4.6%
- 5-year price change: +35.4%
#2. McGaheysville, VA
- Typical home value: $426,440
- 1-year price change: +1.8%
- 5-year price change: +47.8%
#1. Penn Laird, VA
- Typical home value: $481,602
- 1-year price change: +3.9%
- 5-year price change: +35.8%