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Cities with the fastest growing home prices in Daphne metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Daphne-Fairhope-Foley, AL metro area using data from Zillow. Cities are ranked by 1-year price change as of July 2022. The typical home value in the United States increased over the last year by +19.8% to $354,165. All 20 cities and towns with data available were included in the list.

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Stacker

#20. Perdido, AL

– 1-year price change: +$18,830 (+11.6%)
– 5-year price change: +$62,384 (+52.6%)
– Typical home value: $181,029 (#19 most expensive city in metro)

Stacker

#19. Little River, AL

– 1-year price change: +$22,578 (+14.9%)
– 5-year price change: +$59,251 (+51.4%)
– Typical home value: $174,541 (#20 most expensive city in metro)

Stacker

#18. Stockton, AL

– 1-year price change: +$27,016 (+15.1%)
– 5-year price change: +$68,903 (+50.1%)
– Typical home value: $206,348 (#17 most expensive city in metro)

Stacker

#17. Bay Minette, AL

– 1-year price change: +$30,483 (+17.6%)
– 5-year price change: +$79,383 (+63.7%)
– Typical home value: $204,054 (#18 most expensive city in metro)

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#16. Magnolia Springs, AL

– 1-year price change: +$36,820 (+18.5%)
– 5-year price change: +$100,995 (+75.1%)
– Typical home value: $235,435 (#16 most expensive city in metro)

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#15. Bon Secour, AL

– 1-year price change: +$44,354 (+21.4%)
– 5-year price change: +$116,024 (+85.6%)
– Typical home value: $251,580 (#14 most expensive city in metro)

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#14. Summerdale, AL

– 1-year price change: +$45,690 (+21.1%)
– 5-year price change: +$114,537 (+77.4%)
– Typical home value: $262,463 (#13 most expensive city in metro)

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#13. Robertsdale, AL

– 1-year price change: +$45,977 (+22.6%)
– 5-year price change: +$106,211 (+74.1%)
– Typical home value: $249,487 (#15 most expensive city in metro)

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#12. Loxley, AL

– 1-year price change: +$47,632 (+21.4%)
– 5-year price change: +$112,397 (+71.4%)
– Typical home value: $269,871 (#12 most expensive city in metro)

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#11. Silverhill, AL

– 1-year price change: +$50,663 (+22.6%)
– 5-year price change: +$121,113 (+78.9%)
– Typical home value: $274,702 (#11 most expensive city in metro)

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#10. Foley, AL

– 1-year price change: +$52,272 (+22.6%)
– 5-year price change: +$124,201 (+77.7%)
– Typical home value: $283,948 (#10 most expensive city in metro)

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#9. Daphne, AL

– 1-year price change: +$55,795 (+21.9%)
– 5-year price change: +$117,922 (+61.1%)
– Typical home value: $310,982 (#7 most expensive city in metro)

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#8. Elberta, AL

– 1-year price change: +$57,793 (+21.6%)
– 5-year price change: +$157,390 (+93.6%)
– Typical home value: $325,479 (#5 most expensive city in metro)

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#7. Stapleton, AL

– 1-year price change: +$59,123 (+23.7%)
– 5-year price change: +$148,432 (+92.4%)
– Typical home value: $309,083 (#8 most expensive city in metro)

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#6. Seminole, AL

– 1-year price change: +$63,997 (+25.5%)
– 5-year price change: +$142,476 (+82.4%)
– Typical home value: $315,335 (#6 most expensive city in metro)

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#5. Lillian, AL

– 1-year price change: +$67,083 (+28.3%)
– 5-year price change: +$136,086 (+81.0%)
– Typical home value: $304,026 (#9 most expensive city in metro)

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#4. Spanish Fort, AL

– 1-year price change: +$67,451 (+21.7%)
– 5-year price change: +$145,466 (+62.4%)
– Typical home value: $378,491 (#4 most expensive city in metro)

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#3. Fairhope, AL

– 1-year price change: +$81,242 (+21.9%)
– 5-year price change: +$189,916 (+72.3%)
– Typical home value: $452,743 (#3 most expensive city in metro)

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#2. Gulf Shores, AL

– 1-year price change: +$96,355 (+25.5%)
– 5-year price change: +$250,317 (+111.8%)
– Typical home value: $474,310 (#2 most expensive city in metro)

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#1. Orange Beach, AL

– 1-year price change: +$118,275 (+22.9%)
– 5-year price change: +$383,892 (+152.5%)
– Typical home value: $635,667 (#1 most expensive city in metro)

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