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 $361,371 in February, 0.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 19, the sits at 6.22%.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. Hockessin, DE
- Typical home value: $589,990
- 1-year price change: +4.8%
- 5-year price change: +34.8%
#29. Avondale, PA
- Typical home value: $592,602
- 1-year price change: +2.2%
- 5-year price change: +40.1%
#28. Exton, PA
- Typical home value: $597,826
- 1-year price change: +2.3%
- 5-year price change: +36.3%
#27. Medford Township, NJ
- Typical home value: $605,820
- 1-year price change: +4.6%
- 5-year price change: +50.6%
#26. Kennett Square, PA
- Typical home value: $606,063
- 1-year price change: +2.0%
- 5-year price change: +35.4%
#25. Paoli, PA
- Typical home value: $607,851
- 1-year price change: +2.9%
- 5-year price change: +36.0%
#24. Yardley, PA
- Typical home value: $613,047
- 1-year price change: +4.6%
- 5-year price change: +39.8%
#23. Media, PA
- Typical home value: $614,637
- 1-year price change: +4.8%
- 5-year price change: +34.0%
#22. West Chester, PA
- Typical home value: $635,760
- 1-year price change: +2.6%
- 5-year price change: +37.0%
#21. Glenmoore, PA
- Typical home value: $653,447
- 1-year price change: +4.7%
- 5-year price change: +41.2%
#20. Ambler, PA
- Typical home value: $666,852
- 1-year price change: +2.0%
- 5-year price change: +33.9%
#19. Garnet Valley, PA
- Typical home value: $667,134
- 1-year price change: +2.5%
- 5-year price change: +42.1%
#18. Blue Bell, PA
- Typical home value: $670,760
- 1-year price change: +2.4%
- 5-year price change: +36.2%
#17. Glen Mills, PA
- Typical home value: $672,987
- 1-year price change: +4.0%
- 5-year price change: +39.6%
#16. Churchville, PA
- Typical home value: $673,868
- 1-year price change: +5.7%
- 5-year price change: +39.7%
#15. Dresher, PA
- Typical home value: $678,973
- 1-year price change: +2.1%
- 5-year price change: +34.9%
#14. Richboro, PA
- Typical home value: $689,312
- 1-year price change: +6.3%
- 5-year price change: +39.9%
#13. Chesterfield Township, NJ
- Typical home value: $689,537
- 1-year price change: +4.0%
- 5-year price change: +48.5%
#12. Furlong, PA
- Typical home value: $724,019
- 1-year price change: +3.2%
- 5-year price change: +33.3%
#11. Fort Washington, PA
- Typical home value: $734,074
- 1-year price change: +2.2%
- 5-year price change: +34.1%
#10. Moorestown Township, NJ
- Typical home value: $739,053
- 1-year price change: +4.0%
- 5-year price change: +39.9%
#9. Chester Springs, PA
- Typical home value: $739,320
- 1-year price change: +2.2%
- 5-year price change: +41.4%
#8. Wynnewood, PA
- Typical home value: $772,061
- 1-year price change: +2.6%
- 5-year price change: +39.2%
#7. Malvern, PA
- Typical home value: $772,155
- 1-year price change: +3.6%
- 5-year price change: +36.8%
#6. Haddonfield, NJ
- Typical home value: $809,568
- 1-year price change: +8.9%
- 5-year price change: +51.0%
#5. Narberth, PA
- Typical home value: $817,805
- 1-year price change: +5.9%
- 5-year price change: +39.6%
#4. Bryn Mawr, PA
- Typical home value: $878,062
- 1-year price change: +4.9%
- 5-year price change: +42.9%
#3. New Hope, PA
- Typical home value: $911,682
- 1-year price change: +5.4%
- 5-year price change: +38.8%
#2. Berwyn, PA
- Typical home value: $927,796
- 1-year price change: +6.1%
- 5-year price change: +42.5%
#1. Devon, PA
- Typical home value: $958,607
- 1-year price change: +7.1%
- 5-year price change: +45.9%