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1 / 15#15. Hinton, VA
- Typical home value: $258,371
- 1-year price change: +2.3%
- 5-year price change: +24.2%
Cities with the most expensive homes in the Harrisonburg metro area
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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 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.
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2 / 15#14. Fulks Run, VA
- Typical home value: $287,665
- 1-year price change: +1.3%
- 5-year price change: data not available
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3 / 15#13. Timberville, VA
- Typical home value: $292,307
- 1-year price change: +4.0%
- 5-year price change: +32.5%
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4 / 15#12. Elkton, VA
- Typical home value: $323,337
- 1-year price change: +2.4%
- 5-year price change: +28.8%
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5 / 15#11. Broadway, VA
- Typical home value: $323,876
- 1-year price change: +2.9%
- 5-year price change: +31.7%
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6 / 15#10. New Market, VA
- Typical home value: $336,270
- 1-year price change: +2.6%
- 5-year price change: +30.2%
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7 / 15#9. Singers Glen, VA
- Typical home value: $350,449
- 1-year price change: +2.1%
- 5-year price change: data not available
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8 / 15#8. Harrisonburg, VA
- Typical home value: $354,251
- 1-year price change: +3.5%
- 5-year price change: +20.4%
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9 / 15#7. Dayton, VA
- Typical home value: $364,846
- 1-year price change: +2.1%
- 5-year price change: +28.7%
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10 / 15#6. Linville, VA
- Typical home value: $369,724
- 1-year price change: +2.9%
- 5-year price change: +26.9%
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11 / 15#5. Bridgewater, VA
- Typical home value: $374,804
- 1-year price change: +0.7%
- 5-year price change: +24.4%
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12 / 15#4. Port Republic, VA
- Typical home value: $411,886
- 1-year price change: +5.8%
- 5-year price change: +28.8%
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13 / 15#3. Mount Crawford, VA
- Typical home value: $412,910
- 1-year price change: +4.2%
- 5-year price change: +30.1%
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14 / 15#2. McGaheysville, VA
- Typical home value: $432,208
- 1-year price change: +1.4%
- 5-year price change: +39.3%
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15 / 15#1. Penn Laird, VA
- Typical home value: $484,130
- 1-year price change: +2.5%
- 5-year price change: +28.8%
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