Cities with the most expensive homes in the Chambersburg metro area
Cities with the most expensive homes in the Chambersburg 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 Chambersburg metro area using data from . Charts show the monthly typical home value since January 2018. All 7 cities and towns with data available were included in the list.
#7. Mont Alto, PA
- Typical home value: $220,937
- 1-year price change: +0.8%
- 5-year price change: +31.8%
#6. Waynesboro, PA
- Typical home value: $265,052
- 1-year price change: +1.9%
- 5-year price change: +31.9%
#5. Fayetteville, PA
- Typical home value: $273,082
- 1-year price change: +3.4%
- 5-year price change: +36.6%
#4. Orrstown, PA
- Typical home value: $274,592
- 1-year price change: +3.1%
- 5-year price change: data not available
#3. Chambersburg, PA
- Typical home value: $277,303
- 1-year price change: +2.2%
- 5-year price change: +31.3%
#2. Mercersburg, PA
- Typical home value: $282,236
- 1-year price change: +1.3%
- 5-year price change: +28.9%
#1. Greencastle, PA
- Typical home value: $314,398
- 1-year price change: +3.2%
- 5-year price change: +30.0%