Cities with the most expensive homes in the Atlantic City metro area
Cities with the most expensive homes in the Atlantic City 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 $359,078 in December, 0.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of January 15, the sits at 6.06%.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 Atlantic City metro area using data from . Charts show the monthly typical home value since January 2018. All 18 cities and towns with data available were included in the list.
#18. Atlantic City, NJ
- Typical home value: $211,892
- 1-year price change: +0.3%
- 5-year price change: +70.4%
#17. Pleasantville, NJ
- Typical home value: $233,778
- 1-year price change: +1.8%
- 5-year price change: +71.5%
#16. Mays Landing, NJ
- Typical home value: $301,571
- 1-year price change: +1.3%
- 5-year price change: +53.3%
#15. Buena, NJ
- Typical home value: $313,091
- 1-year price change: -2.9%
- 5-year price change: +33.4%
#14. Corbin City, NJ
- Typical home value: $322,129
- 1-year price change: +2.4%
- 5-year price change: +37.7%
#13. Egg Harbor City, NJ
- Typical home value: $326,507
- 1-year price change: +1.5%
- 5-year price change: +57.3%
#12. Absecon, NJ
- Typical home value: $334,432
- 1-year price change: +4.8%
- 5-year price change: +67.4%
#11. Estell Manor, NJ
- Typical home value: $362,725
- 1-year price change: +4.8%
- 5-year price change: +54.4%
#10. Hammonton, NJ
- Typical home value: $363,215
- 1-year price change: +4.0%
- 5-year price change: +47.8%
#9. Northfield, NJ
- Typical home value: $380,285
- 1-year price change: +3.3%
- 5-year price change: +63.9%
#8. Egg Harbor Township, NJ
- Typical home value: $394,989
- 1-year price change: +5.8%
- 5-year price change: +64.4%
#7. Somers Point, NJ
- Typical home value: $408,695
- 1-year price change: +1.2%
- 5-year price change: +72.1%
#6. Port Republic, NJ
- Typical home value: $425,739
- 1-year price change: +4.0%
- 5-year price change: +52.1%
#5. Linwood, NJ
- Typical home value: $476,661
- 1-year price change: +5.7%
- 5-year price change: +61.1%
#4. Ventnor City, NJ
- Typical home value: $605,569
- 1-year price change: +6.8%
- 5-year price change: +83.9%
#3. Brigantine, NJ
- Typical home value: $677,273
- 1-year price change: +2.6%
- 5-year price change: +71.5%
#2. Margate City, NJ
- Typical home value: $1,043,514
- 1-year price change: +6.5%
- 5-year price change: +86.1%
#1. Longport, NJ
- Typical home value: $1,426,796
- 1-year price change: +1.3%
- 5-year price change: +69.8%