Cities with the fastest-growing home prices in the Philadelphia metro area
Written by:
May 2, 2024
Konstantin L // Shutterstock
Cities with the fastest-growing home prices in the Philadelphia metro area
The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.
In March, the typical home value in the United States was $355,696, 4.6% higher than the previous year.
Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.
Stacker compiled a list of cities with the fastest-growing home prices in the Philadelphia metro area using Zillow data. Cities are ranked by their one-year price change as of March 2024.
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Stacker
#30. Tabernacle Township, NJ
- 1-year price change: +$41,718 (+9.8%)
- 5-year price change: +$162,875 (+53.4%)
- Typical home value: $467,764 (#61 most expensive city in metro)
- 5-year price change: +$162,875 (+53.4%)
- Typical home value: $467,764 (#61 most expensive city in metro)
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Stacker
#29. Westampton Township, NJ
- 1-year price change: +$41,752 (+12.0%)
- 5-year price change: +$145,404 (+59.8%)
- Typical home value: $388,392 (#108 most expensive city in metro)
- 5-year price change: +$145,404 (+59.8%)
- Typical home value: $388,392 (#108 most expensive city in metro)
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Stacker
#28. Malvern, PA
- 1-year price change: +$41,799 (+6.1%)
- 5-year price change: +$215,433 (+42.2%)
- Typical home value: $726,238 (#6 most expensive city in metro)
- 5-year price change: +$215,433 (+42.2%)
- Typical home value: $726,238 (#6 most expensive city in metro)
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Stacker
#27. Media, PA
- 1-year price change: +$41,893 (+7.8%)
- 5-year price change: +$179,621 (+44.8%)
- Typical home value: $580,573 (#23 most expensive city in metro)
- 5-year price change: +$179,621 (+44.8%)
- Typical home value: $580,573 (#23 most expensive city in metro)
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Stacker
#26. Shamong Township, NJ
- 1-year price change: +$41,907 (+9.0%)
- 5-year price change: +$174,170 (+52.0%)
- Typical home value: $509,402 (#43 most expensive city in metro)
- 5-year price change: +$174,170 (+52.0%)
- Typical home value: $509,402 (#43 most expensive city in metro)
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Stacker
#25. Churchville, PA
- 1-year price change: +$41,936 (+7.1%)
- 5-year price change: +$202,635 (+47.3%)
- Typical home value: $631,147 (#19 most expensive city in metro)
- 5-year price change: +$202,635 (+47.3%)
- Typical home value: $631,147 (#19 most expensive city in metro)
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Stacker
#24. Ardmore, PA
- 1-year price change: +$43,057 (+10.0%)
- 5-year price change: +$139,610 (+42.1%)
- Typical home value: $471,597 (#56 most expensive city in metro)
- 5-year price change: +$139,610 (+42.1%)
- Typical home value: $471,597 (#56 most expensive city in metro)
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Stacker
#23. Lumberton Township, NJ
- 1-year price change: +$43,328 (+10.7%)
- 5-year price change: +$163,579 (+57.6%)
- Typical home value: $447,391 (#72 most expensive city in metro)
- 5-year price change: +$163,579 (+57.6%)
- Typical home value: $447,391 (#72 most expensive city in metro)
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Stacker
#22. Voorhees Township, NJ
- 1-year price change: +$43,509 (+10.4%)
- 5-year price change: +$165,284 (+55.5%)
- Typical home value: $463,227 (#64 most expensive city in metro)
- 5-year price change: +$165,284 (+55.5%)
- Typical home value: $463,227 (#64 most expensive city in metro)
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Stacker
#21. Hainesport Township, NJ
- 1-year price change: +$43,605 (+10.2%)
- 5-year price change: +$160,000 (+51.7%)
- Typical home value: $469,677 (#58 most expensive city in metro)
- 5-year price change: +$160,000 (+51.7%)
- Typical home value: $469,677 (#58 most expensive city in metro)
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#20. Havertown, PA
- 1-year price change: +$45,702 (+10.5%)
- 5-year price change: +$160,932 (+50.2%)
- Typical home value: $481,600 (#52 most expensive city in metro)
- 5-year price change: +$160,932 (+50.2%)
- Typical home value: $481,600 (#52 most expensive city in metro)
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#19. West Chester, PA
- 1-year price change: +$45,970 (+8.2%)
- 5-year price change: +$183,497 (+43.4%)
- Typical home value: $606,353 (#22 most expensive city in metro)
- 5-year price change: +$183,497 (+43.4%)
- Typical home value: $606,353 (#22 most expensive city in metro)
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#18. Medford Lakes, NJ
- 1-year price change: +$46,090 (+10.6%)
- 5-year price change: +$181,859 (+60.9%)
- Typical home value: $480,424 (#54 most expensive city in metro)
- 5-year price change: +$181,859 (+60.9%)
- Typical home value: $480,424 (#54 most expensive city in metro)
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#17. North Hanover Township, NJ
- 1-year price change: +$46,482 (+10.4%)
- 5-year price change: +$164,360 (+50.1%)
- Typical home value: $492,117 (#47 most expensive city in metro)
- 5-year price change: +$164,360 (+50.1%)
- Typical home value: $492,117 (#47 most expensive city in metro)
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#16. New Hope, PA
- 1-year price change: +$46,708 (+5.8%)
- 5-year price change: +$279,160 (+48.8%)
- Typical home value: $850,708 (#3 most expensive city in metro)
- 5-year price change: +$279,160 (+48.8%)
- Typical home value: $850,708 (#3 most expensive city in metro)
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Stacker
#15. Evesham Township, NJ
- 1-year price change: +$46,816 (+11.9%)
- 5-year price change: +$163,773 (+59.0%)
- Typical home value: $441,244 (#75 most expensive city in metro)
- 5-year price change: +$163,773 (+59.0%)
- Typical home value: $441,244 (#75 most expensive city in metro)
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#14. Haddon Township, NJ
- 1-year price change: +$47,573 (+13.0%)
- 5-year price change: +$165,413 (+66.9%)
- Typical home value: $412,565 (#93 most expensive city in metro)
- 5-year price change: +$165,413 (+66.9%)
- Typical home value: $412,565 (#93 most expensive city in metro)
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Stacker
#13. Collingswood, NJ
- 1-year price change: +$47,847 (+13.6%)
- 5-year price change: +$158,188 (+65.6%)
- Typical home value: $399,219 (#100 most expensive city in metro)
- 5-year price change: +$158,188 (+65.6%)
- Typical home value: $399,219 (#100 most expensive city in metro)
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Stacker
#12. Glen Mills, PA
- 1-year price change: +$50,554 (+8.4%)
- 5-year price change: +$202,350 (+45.0%)
- Typical home value: $652,117 (#15 most expensive city in metro)
- 5-year price change: +$202,350 (+45.0%)
- Typical home value: $652,117 (#15 most expensive city in metro)
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#11. Mullica Hill, NJ
- 1-year price change: +$50,875 (+10.1%)
- 5-year price change: +$210,101 (+61.1%)
- Typical home value: $553,821 (#33 most expensive city in metro)
- 5-year price change: +$210,101 (+61.1%)
- Typical home value: $553,821 (#33 most expensive city in metro)
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Stacker
#10. Wynnewood, PA
- 1-year price change: +$51,650 (+7.8%)
- 5-year price change: +$232,424 (+48.5%)
- Typical home value: $711,503 (#8 most expensive city in metro)
- 5-year price change: +$232,424 (+48.5%)
- Typical home value: $711,503 (#8 most expensive city in metro)
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#9. Garnet Valley, PA
- 1-year price change: +$53,493 (+8.9%)
- 5-year price change: +$207,200 (+46.3%)
- Typical home value: $654,479 (#14 most expensive city in metro)
- 5-year price change: +$207,200 (+46.3%)
- Typical home value: $654,479 (#14 most expensive city in metro)
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#8. Haddon Heights, NJ
- 1-year price change: +$53,997 (+14.0%)
- 5-year price change: +$166,857 (+61.0%)
- Typical home value: $440,485 (#77 most expensive city in metro)
- 5-year price change: +$166,857 (+61.0%)
- Typical home value: $440,485 (#77 most expensive city in metro)
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#7. Moorestown Township, NJ
- 1-year price change: +$54,509 (+8.3%)
- 5-year price change: +$206,214 (+41.1%)
- Typical home value: $707,547 (#9 most expensive city in metro)
- 5-year price change: +$206,214 (+41.1%)
- Typical home value: $707,547 (#9 most expensive city in metro)
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#6. Medford Township, NJ
- 1-year price change: +$56,934 (+11.2%)
- 5-year price change: +$207,445 (+57.9%)
- Typical home value: $565,976 (#30 most expensive city in metro)
- 5-year price change: +$207,445 (+57.9%)
- Typical home value: $565,976 (#30 most expensive city in metro)
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#5. Chesterfield Township, NJ
- 1-year price change: +$60,060 (+10.2%)
- 5-year price change: +$214,581 (+49.3%)
- Typical home value: $650,047 (#17 most expensive city in metro)
- 5-year price change: +$214,581 (+49.3%)
- Typical home value: $650,047 (#17 most expensive city in metro)
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#4. Narberth, PA
- 1-year price change: +$63,091 (+9.2%)
- 5-year price change: +$233,145 (+45.3%)
- Typical home value: $747,841 (#5 most expensive city in metro)
- 5-year price change: +$233,145 (+45.3%)
- Typical home value: $747,841 (#5 most expensive city in metro)
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#3. Devon, PA
- 1-year price change: +$65,717 (+7.9%)
- 5-year price change: +$280,099 (+45.5%)
- Typical home value: $895,287 (#1 most expensive city in metro)
- 5-year price change: +$280,099 (+45.5%)
- Typical home value: $895,287 (#1 most expensive city in metro)
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#2. Haddonfield, NJ
- 1-year price change: +$71,804 (+11.0%)
- 5-year price change: +$242,834 (+50.7%)
- Typical home value: $721,860 (#7 most expensive city in metro)
- 5-year price change: +$242,834 (+50.7%)
- Typical home value: $721,860 (#7 most expensive city in metro)
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#1. Bryn Mawr, PA
- 1-year price change: +$74,678 (+10.0%)
- 5-year price change: +$267,408 (+48.3%)
- Typical home value: $820,913 (#4 most expensive city in metro)
- 5-year price change: +$267,408 (+48.3%)
- Typical home value: $820,913 (#4 most expensive city in metro)
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 380 metros.
