Cities with the most expensive homes in the Philadelphia metro area
Cities with the most expensive homes in the Philadelphia 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 Philadelphia metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 236 cities and towns.
#30. Avondale, PA
- Typical home value: $605,142
- 1-year price change: +2.0%
- 5-year price change: +38.3%
#29. Chalfont, PA
- Typical home value: $605,468
- 1-year price change: +3.0%
- 5-year price change: +34.3%
#28. Exton, PA
- Typical home value: $616,175
- 1-year price change: +2.2%
- 5-year price change: +35.3%
#27. Kennett Square, PA
- Typical home value: $620,982
- 1-year price change: +1.8%
- 5-year price change: +33.9%
#26. Medford Township, NJ
- Typical home value: $621,580
- 1-year price change: +4.7%
- 5-year price change: +49.2%
#25. Paoli, PA
- Typical home value: $625,862
- 1-year price change: +3.0%
- 5-year price change: +35.5%
#24. Yardley, PA
- Typical home value: $629,900
- 1-year price change: +4.3%
- 5-year price change: +37.7%
#23. Media, PA
- Typical home value: $632,298
- 1-year price change: +4.3%
- 5-year price change: +32.4%
#22. West Chester, PA
- Typical home value: $657,113
- 1-year price change: +2.6%
- 5-year price change: +35.9%
#21. Glenmoore, PA
- Typical home value: $673,643
- 1-year price change: +4.7%
- 5-year price change: +40.0%
#20. Ambler, PA
- Typical home value: $686,428
- 1-year price change: +2.0%
- 5-year price change: +32.4%
#19. Churchville, PA
- Typical home value: $687,301
- 1-year price change: +5.6%
- 5-year price change: +38.4%
#18. Garnet Valley, PA
- Typical home value: $688,724
- 1-year price change: +2.2%
- 5-year price change: +40.9%
#17. Blue Bell, PA
- Typical home value: $692,270
- 1-year price change: +2.1%
- 5-year price change: +34.8%
#16. Glen Mills, PA
- Typical home value: $696,330
- 1-year price change: +3.7%
- 5-year price change: +38.2%
#15. Dresher, PA
- Typical home value: $699,733
- 1-year price change: +2.1%
- 5-year price change: +33.7%
#14. Richboro, PA
- Typical home value: $701,917
- 1-year price change: +6.2%
- 5-year price change: +38.4%
#13. Chesterfield Township, NJ
- Typical home value: $707,291
- 1-year price change: +4.1%
- 5-year price change: +47.4%
#12. Furlong, PA
- Typical home value: $743,266
- 1-year price change: +3.4%
- 5-year price change: +32.2%
#11. Fort Washington, PA
- Typical home value: $755,215
- 1-year price change: +2.1%
- 5-year price change: +32.2%
#10. Moorestown Township, NJ
- Typical home value: $758,003
- 1-year price change: +4.2%
- 5-year price change: +39.0%
#9. Chester Springs, PA
- Typical home value: $758,465
- 1-year price change: +2.2%
- 5-year price change: +40.1%
#8. Malvern, PA
- Typical home value: $792,706
- 1-year price change: +3.2%
- 5-year price change: +35.5%
#7. Wynnewood, PA
- Typical home value: $804,443
- 1-year price change: +2.5%
- 5-year price change: +37.8%
#6. Haddonfield, NJ
- Typical home value: $830,377
- 1-year price change: +9.1%
- 5-year price change: +49.8%
#5. Narberth, PA
- Typical home value: $847,019
- 1-year price change: +6.3%
- 5-year price change: +38.6%
#4. Bryn Mawr, PA
- Typical home value: $905,114
- 1-year price change: +4.9%
- 5-year price change: +41.8%
#3. New Hope, PA
- Typical home value: $938,110
- 1-year price change: +5.9%
- 5-year price change: +38.3%
#2. Berwyn, PA
- Typical home value: $953,366
- 1-year price change: +5.8%
- 5-year price change: +41.5%
#1. Devon, PA
- Typical home value: $983,068
- 1-year price change: +6.8%
- 5-year price change: +44.9%