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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 August 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 20 cities and towns with data available were included in the list.

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Stacker

#20. Perdido, Alabama

– 1-year price change: +$14,430 (+9.2%)
– 5-year price change: +$57,972 (+50.8%)
– Typical home value: $172,083 (#20 most expensive city in metro)

Stacker

#19. Little River, Alabama

– 1-year price change: +$16,792 (+10.8%)
– 5-year price change: +$56,086 (+48.3%)
– Typical home value: $172,227 (#19 most expensive city in metro)

Stacker

#18. Stockton, Alabama

– 1-year price change: +$20,856 (+11.8%)
– 5-year price change: +$62,905 (+46.9%)
– Typical home value: $196,932 (#18 most expensive city in metro)

Stacker

#17. Bay Minette, Alabama

– 1-year price change: +$27,587 (+15.6%)
– 5-year price change: +$78,727 (+62.7%)
– Typical home value: $204,348 (#17 most expensive city in metro)

Stacker

#16. Magnolia Springs, Alabama

– 1-year price change: +$41,796 (+20.0%)
– 5-year price change: +$110,192 (+78.6%)
– Typical home value: $250,444 (#15 most expensive city in metro)

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#15. Bon Secour, Alabama

– 1-year price change: +$42,239 (+20.3%)
– 5-year price change: +$116,035 (+86.5%)
– Typical home value: $250,239 (#16 most expensive city in metro)

Stacker

#14. Robertsdale, Alabama

– 1-year price change: +$44,170 (+21.0%)
– 5-year price change: +$108,577 (+74.3%)
– Typical home value: $254,720 (#14 most expensive city in metro)

Stacker

#13. Summerdale, Alabama

– 1-year price change: +$44,819 (+20.0%)
– 5-year price change: +$118,418 (+78.5%)
– Typical home value: $269,330 (#13 most expensive city in metro)

Stacker

#12. Loxley, Alabama

– 1-year price change: +$45,042 (+19.7%)
– 5-year price change: +$114,234 (+71.7%)
– Typical home value: $273,617 (#12 most expensive city in metro)

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#11. Silverhill, Alabama

– 1-year price change: +$47,203 (+20.5%)
– 5-year price change: +$122,616 (+79.0%)
– Typical home value: $277,818 (#11 most expensive city in metro)

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#10. Foley, Alabama

– 1-year price change: +$51,092 (+21.5%)
– 5-year price change: +$127,564 (+79.3%)
– Typical home value: $288,490 (#10 most expensive city in metro)

Stacker

#9. Daphne, Alabama

– 1-year price change: +$52,099 (+20.0%)
– 5-year price change: +$119,311 (+61.8%)
– Typical home value: $312,252 (#7 most expensive city in metro)

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#8. Elberta, Alabama

– 1-year price change: +$55,363 (+20.0%)
– 5-year price change: +$159,881 (+92.8%)
– Typical home value: $332,082 (#5 most expensive city in metro)

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#7. Stapleton, Alabama

– 1-year price change: +$56,742 (+22.3%)
– 5-year price change: +$149,761 (+92.5%)
– Typical home value: $311,695 (#8 most expensive city in metro)

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#6. Seminole, Alabama

– 1-year price change: +$58,260 (+22.4%)
– 5-year price change: +$142,844 (+81.5%)
– Typical home value: $318,099 (#6 most expensive city in metro)

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#5. Spanish Fort, Alabama

– 1-year price change: +$63,812 (+20.1%)
– 5-year price change: +$147,930 (+63.2%)
– Typical home value: $381,843 (#4 most expensive city in metro)

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#4. Lillian, Alabama

– 1-year price change: +$65,597 (+26.8%)
– 5-year price change: +$140,958 (+83.1%)
– Typical home value: $310,615 (#9 most expensive city in metro)

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#3. Fairhope, Alabama

– 1-year price change: +$76,660 (+20.1%)
– 5-year price change: +$193,687 (+73.2%)
– Typical home value: $458,162 (#3 most expensive city in metro)

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#2. Gulf Shores, Alabama

– 1-year price change: +$92,546 (+25.2%)
– 5-year price change: +$245,336 (+114.3%)
– Typical home value: $460,036 (#2 most expensive city in metro)

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#1. Orange Beach, Alabama

– 1-year price change: +$132,686 (+23.5%)
– 5-year price change: +$423,531 (+155.0%)
– Typical home value: $696,782 (#1 most expensive city in metro)

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