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Cities with the fastest growing home prices in Huntsville 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 Huntsville, 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 15 cities and towns with data available were included in the list.

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Stacker

#15. New Hope, Alabama

– 1-year price change: +$34,963 (+19.7%)
– 5-year price change: +$100,582 (+90.1%)
– Typical home value: $212,255 (#15 most expensive city in metro)

Stacker

#14. Hazel Green, Alabama

– 1-year price change: +$41,252 (+20.0%)
– 5-year price change: +$114,595 (+86.5%)
– Typical home value: $247,105 (#11 most expensive city in metro)

Stacker

#13. Ardmore, Alabama

– 1-year price change: +$49,138 (+26.2%)
– 5-year price change: +$109,598 (+86.4%)
– Typical home value: $236,397 (#13 most expensive city in metro)

Stacker

#12. Huntsville, Alabama

– 1-year price change: +$49,859 (+21.5%)
– 5-year price change: +$131,316 (+87.4%)
– Typical home value: $281,564 (#9 most expensive city in metro)

Stacker

#11. New Market, Alabama

– 1-year price change: +$50,523 (+21.8%)
– 5-year price change: +$129,265 (+84.4%)
– Typical home value: $282,413 (#8 most expensive city in metro)

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Stacker

#10. Moores Mill, Alabama

– 1-year price change: +$54,104 (+22.0%)
– 5-year price change: +$137,055 (+84.3%)
– Typical home value: $299,576 (#6 most expensive city in metro)

Stacker

#9. Elkmont, Alabama

– 1-year price change: +$56,501 (+30.2%)
– 5-year price change: +$112,919 (+86.4%)
– Typical home value: $243,644 (#12 most expensive city in metro)

Stacker

#8. Gurley, Alabama

– 1-year price change: +$56,783 (+20.5%)
– 5-year price change: +$148,838 (+80.4%)
– Typical home value: $334,015 (#4 most expensive city in metro)

Stacker

#7. Lester, Alabama

– 1-year price change: +$59,306 (+36.0%)
– 5-year price change: +$148,838 (data not available)
– Typical home value: $224,158 (#14 most expensive city in metro)

Stacker

#6. Triana, Alabama

– 1-year price change: +$60,098 (+28.6%)
– 5-year price change: +$134,612 (+99.0%)
– Typical home value: $270,595 (#10 most expensive city in metro)

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Stacker

#5. Athens, Alabama

– 1-year price change: +$60,517 (+27.2%)
– 5-year price change: +$126,704 (+80.9%)
– Typical home value: $283,240 (#7 most expensive city in metro)

Stacker

#4. Harvest, Alabama

– 1-year price change: +$61,342 (+23.8%)
– 5-year price change: +$144,227 (+82.6%)
– Typical home value: $318,763 (#5 most expensive city in metro)

Stacker

#3. Meridianville, Alabama

– 1-year price change: +$62,715 (+22.9%)
– 5-year price change: +$151,041 (+81.6%)
– Typical home value: $336,171 (#3 most expensive city in metro)

Stacker

#2. Madison, Alabama

– 1-year price change: +$65,607 (+20.8%)
– 5-year price change: +$163,029 (+74.9%)
– Typical home value: $380,637 (#2 most expensive city in metro)

Stacker

#1. Owens Cross Roads, Alabama

– 1-year price change: +$79,072 (+21.4%)
– 5-year price change: +$191,179 (+74.4%)
– Typical home value: $448,094 (#1 most expensive city in metro)

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