Cities with the most expensive homes in the Altoona metro area
Cities with the most expensive homes in the Altoona 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, affordability plays a huge role for buyers.
The typical home value in the United States was $349,216 in February, 4.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 28, the 30-year fixed mortgage rate sits at 6.79%.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.
Stacker compiled a list of cities with the most expensive homes in the Altoona metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 6 cities and towns with data available were included in the list.
#6. Altoona, PA
- Typical home value: $131,254
- 1-year price change: +1.1%
- 5-year price change: +14.5%
#5. Bellwood, PA
- Typical home value: $160,941
- 1-year price change: -4.3%
- 5-year price change: +0.3%
#4. Roaring Spring, PA
- Typical home value: $184,021
- 1-year price change: +0.2%
- 5-year price change: +18.2%
#3. Duncansville, PA
- Typical home value: $219,830
- 1-year price change: +5.0%
- 5-year price change: +20.1%
#2. Hollidaysburg, PA
- Typical home value: $233,030
- 1-year price change: +3.4%
- 5-year price change: +22.9%
#1. Martinsburg, PA
- Typical home value: $235,622
- 1-year price change: +4.0%
- 5-year price change: +23.4%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
