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Cities with the fastest growing home prices in Anniston 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 Anniston-Oxford, AL metro area using data from Zillow. Cities are ranked by 1-year price change as of August 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 10 cities and towns with data available were included in the list.

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Stacker

#10. Hobson City, Alabama

– 1-year price change: +$44 (+0.1%)
– 5-year price change: +$12,194 (+28.2%)
– Typical home value: $55,400 (#9 most expensive city in metro)

Stacker

#9. West End-Cobb Town, Alabama

– 1-year price change: +$4,485 (+10.1%)
– 5-year price change: +$8,192 (+20.1%)
– Typical home value: $49,047 (#10 most expensive city in metro)

Stacker

#8. Anniston, Alabama

– 1-year price change: +$15,459 (+14.3%)
– 5-year price change: +$39,960 (+47.6%)
– Typical home value: $123,853 (#7 most expensive city in metro)

Stacker

#7. Saks, Alabama

– 1-year price change: +$15,485 (+13.7%)
– 5-year price change: +$52,986 (+70.5%)
– Typical home value: $128,125 (#6 most expensive city in metro)

Stacker

#6. Piedmont, Alabama

– 1-year price change: +$16,462 (+15.9%)
– 5-year price change: +$41,971 (+53.7%)
– Typical home value: $120,187 (#8 most expensive city in metro)

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Stacker

#5. Ohatchee, Alabama

– 1-year price change: +$18,340 (+11.7%)
– 5-year price change: +$50,861 (+40.7%)
– Typical home value: $175,701 (#3 most expensive city in metro)

Stacker

#4. Weaver, Alabama

– 1-year price change: +$21,125 (+15.9%)
– 5-year price change: +$53,796 (+53.8%)
– Typical home value: $153,871 (#5 most expensive city in metro)

Stacker

#3. Oxford, Alabama

– 1-year price change: +$21,657 (+14.4%)
– 5-year price change: +$57,154 (+49.6%)
– Typical home value: $172,284 (#4 most expensive city in metro)

Stacker

#2. Jacksonville, Alabama

– 1-year price change: +$26,433 (+16.4%)
– 5-year price change: +$65,294 (+53.5%)
– Typical home value: $187,414 (#2 most expensive city in metro)

Stacker

#1. Alexandria, Alabama

– 1-year price change: +$30,175 (+18.2%)
– 5-year price change: +$70,196 (+55.6%)
– Typical home value: $196,390 (#1 most expensive city in metro)

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