Cities with the Most Expensive Homes in the Pittsburgh Metro Area
PENNSYLVANIA AND NEW JERSEY, JUL 22 – Home prices in select Pennsylvania and New Jersey cities vary widely, reflecting local market trends amid a 6.75% nationwide mortgage rate, with some areas seeing over 50% growth in five years.
- In the Jackson metro area, Thompsons Station commands a $746,386 typical home value, leading the rankings.
- The United States median home value stood at $367,369 in June, while the 30-year fixed mortgage rate as of July 17 is at 6.75%.
- Data show a 1-year price change of +1.0% and a +61.6% five-year gain for Thompsons Station.
- Beyond monthly payments, homeownership is an asset with the potential to tremendously rise in value.
- In second place, Milton, Tennessee ranks second with a typical home value of $633,574, signaling strong market demand.
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Coverage Details
Total News Sources20
Leaning Left2Leaning Right2Center7Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 18%
C 64%
R 18%
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