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Cities with the fastest growing home prices in Gadsden 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 Gadsden, 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 11 cities and towns with data available were included in the list.

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Stacker

#11. Gadsden, AL

– 1-year price change: +$10,528 (+18.4%)
– 5-year price change: +$21,428 (+46.2%)
– Typical home value: $67,786 (#11 most expensive city in metro)

Stacker

#10. Southside, AL

– 1-year price change: +$13,638 (+6.7%)
– 5-year price change: +$63,615 (+41.6%)
– Typical home value: $216,642 (#1 most expensive city in metro)

Stacker

#9. Attalla, AL

– 1-year price change: +$18,006 (+22.6%)
– 5-year price change: +$46,640 (+91.6%)
– Typical home value: $97,570 (#10 most expensive city in metro)

Stacker

#8. Reece City, AL

– 1-year price change: +$22,668 (+22.0%)
– 5-year price change: +$46,187 (+58.0%)
– Typical home value: $125,766 (#9 most expensive city in metro)

Stacker

#7. Glencoe, AL

– 1-year price change: +$26,208 (+18.6%)
– 5-year price change: +$59,189 (+54.8%)
– Typical home value: $167,262 (#5 most expensive city in metro)

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#6. Hokes Bluff, AL

– 1-year price change: +$26,703 (+19.2%)
– 5-year price change: +$62,371 (+60.5%)
– Typical home value: $165,477 (#6 most expensive city in metro)

Stacker

#5. Mountainboro, AL

– 1-year price change: +$28,012 (+26.9%)
– 5-year price change: +$59,147 (+80.9%)
– Typical home value: $132,258 (#8 most expensive city in metro)

Stacker

#4. Sardis City, AL

– 1-year price change: +$31,229 (+21.2%)
– 5-year price change: +$68,732 (+62.8%)
– Typical home value: $178,215 (#3 most expensive city in metro)

Stacker

#3. Altoona, AL

– 1-year price change: +$33,397 (+26.4%)
– 5-year price change: +$83,634 (+109.8%)
– Typical home value: $159,816 (#7 most expensive city in metro)

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#2. Rainbow City, AL

– 1-year price change: +$33,925 (+19.6%)
– 5-year price change: +$77,461 (+60.0%)
– Typical home value: $206,589 (#2 most expensive city in metro)

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#1. Gallant, AL

– 1-year price change: +$37,418 (+26.9%)
– 5-year price change: +$85,146 (+92.9%)
– Typical home value: $176,770 (#4 most expensive city in metro)