Cities with the most expensive homes in the Johnstown metro area
Cities with the most expensive homes in the Johnstown 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 Johnstown metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 7 cities and towns with data available were included in the list.
#7. Nanty Glo, PA
- Typical home value: $66,987
- 1-year price change: -15.0%
- 5-year price change: +17.9%
#6. Northern Cambria, PA
- Typical home value: $72,246
- 1-year price change: -20.6%
- 5-year price change: -7.1%
#5. Johnstown, PA
- Typical home value: $88,288
- 1-year price change: -11.2%
- 5-year price change: +30.0%
#4. Hastings, PA
- Typical home value: $93,284
- 1-year price change: -16.7%
- 5-year price change: -4.6%
#3. Patton, PA
- Typical home value: $94,734
- 1-year price change: -21.4%
- 5-year price change: -0.4%
#2. Ashville, PA
- Typical home value: $136,846
- 1-year price change: -6.5%
- 5-year price change: +21.5%
#1. Ebensburg, PA
- Typical home value: $170,159
- 1-year price change: -7.2%
- 5-year price change: +9.8%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.