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 $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 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: $228,560
- 1-year price change: +0.7%
- 5-year price change: +30.3%
#6. Waynesboro, PA
- Typical home value: $275,318
- 1-year price change: +3.6%
- 5-year price change: +30.9%
#5. Orrstown, PA
- Typical home value: $279,707
- 1-year price change: +4.7%
- 5-year price change: data not available
#4. Fayetteville, PA
- Typical home value: $283,785
- 1-year price change: +4.6%
- 5-year price change: +34.8%
#3. Chambersburg, PA
- Typical home value: $286,441
- 1-year price change: +2.8%
- 5-year price change: +29.2%
#2. Mercersburg, PA
- Typical home value: $291,639
- 1-year price change: +3.0%
- 5-year price change: +26.6%
#1. Greencastle, PA
- Typical home value: $324,248
- 1-year price change: +4.4%
- 5-year price change: +27.6%