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Cities with the fastest growing home prices in Montgomery 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 Montgomery, 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 24 cities and towns with data available were included in the list.

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Stacker

#24. Fort Deposit, AL

– 1-year price change: +$9,661 (+11.4%)
– 5-year price change: +$23,963 (+34.1%)
– Typical home value: $94,299 (#20 most expensive city in metro)

Stacker

#23. Mosses, AL

– 1-year price change: +$9,737 (+23.4%)
– 5-year price change: +$11,463 (+28.8%)
– Typical home value: $51,316 (#24 most expensive city in metro)

Stacker

#22. Hayneville, AL

– 1-year price change: +$10,850 (+14.1%)
– 5-year price change: +$20,276 (+29.9%)
– Typical home value: $88,029 (#22 most expensive city in metro)

Stacker

#21. Minter, AL

– 1-year price change: +$11,346 (+14.1%)
– 5-year price change: +$22,105 (+31.7%)
– Typical home value: $91,884 (#21 most expensive city in metro)

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#20. White Hall, AL

– 1-year price change: +$11,379 (+21.8%)
– 5-year price change: +$10,043 (+18.7%)
– Typical home value: $63,641 (#23 most expensive city in metro)

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#19. Letohatchee, AL

– 1-year price change: +$13,678 (+13.5%)
– 5-year price change: +$29,076 (+33.7%)
– Typical home value: $115,238 (#19 most expensive city in metro)

Stacker

#18. Autaugaville, AL

– 1-year price change: +$13,944 (+5.9%)
– 5-year price change: +$35,065 (+16.3%)
– Typical home value: $250,570 (#6 most expensive city in metro)

Stacker

#17. Grady, AL

– 1-year price change: +$14,258 (+13.0%)
– 5-year price change: +$36,363 (+41.4%)
– Typical home value: $124,139 (#18 most expensive city in metro)

Stacker

#16. Jones, AL

– 1-year price change: +$16,825 (+9.7%)
– 5-year price change: +$33,252 (+21.2%)
– Typical home value: $190,206 (#12 most expensive city in metro)

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#15. Millbrook, AL

– 1-year price change: +$17,080 (+10.7%)
– 5-year price change: +$46,540 (+35.7%)
– Typical home value: $176,895 (#14 most expensive city in metro)

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#14. Coosada, AL

– 1-year price change: +$18,648 (+11.5%)
– 5-year price change: +$50,543 (+38.9%)
– Typical home value: $180,455 (#13 most expensive city in metro)

Stacker

#13. Tallassee, AL

– 1-year price change: +$21,157 (+15.6%)
– 5-year price change: +$49,295 (+45.8%)
– Typical home value: $156,895 (#16 most expensive city in metro)

Stacker

#12. Montgomery, AL

– 1-year price change: +$23,253 (+20.7%)
– 5-year price change: +$43,140 (+46.6%)
– Typical home value: $135,742 (#17 most expensive city in metro)

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#11. Ramer, AL

– 1-year price change: +$23,295 (+16.4%)
– 5-year price change: +$47,651 (+40.4%)
– Typical home value: $165,518 (#15 most expensive city in metro)

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#10. Elmore, AL

– 1-year price change: +$23,433 (+13.2%)
– 5-year price change: +$56,937 (+39.6%)
– Typical home value: $200,769 (#11 most expensive city in metro)

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#9. Prattville, AL

– 1-year price change: +$23,827 (+10.9%)
– 5-year price change: +$55,937 (+29.9%)
– Typical home value: $242,883 (#8 most expensive city in metro)

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#8. Wetumpka, AL

– 1-year price change: +$24,335 (+11.6%)
– 5-year price change: +$66,364 (+39.6%)
– Typical home value: $234,155 (#9 most expensive city in metro)

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#7. Deatsville, AL

– 1-year price change: +$29,480 (+13.3%)
– 5-year price change: +$72,413 (+40.5%)
– Typical home value: $251,208 (#5 most expensive city in metro)

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#6. Billingsley, AL

– 1-year price change: +$29,960 (+13.2%)
– 5-year price change: +$57,128 (+28.5%)
– Typical home value: $257,660 (#4 most expensive city in metro)

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#5. Marbury, AL

– 1-year price change: +$31,621 (+15.0%)
– 5-year price change: +$60,051 (+32.8%)
– Typical home value: $242,914 (#7 most expensive city in metro)

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#4. Hope Hull, AL

– 1-year price change: +$33,879 (+17.1%)
– 5-year price change: +$72,529 (+45.4%)
– Typical home value: $232,222 (#10 most expensive city in metro)

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#3. Titus, AL

– 1-year price change: +$35,516 (+14.4%)
– 5-year price change: +$94,325 (+50.4%)
– Typical home value: $281,502 (#3 most expensive city in metro)

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#2. Eclectic, AL

– 1-year price change: +$41,461 (+13.9%)
– 5-year price change: +$114,531 (+51.1%)
– Typical home value: $338,870 (#2 most expensive city in metro)

Stacker

#1. Pike Road, AL

– 1-year price change: +$57,833 (+18.1%)
– 5-year price change: +$87,548 (+30.3%)
– Typical home value: $376,829 (#1 most expensive city in metro)