Cities with the fastest growing home prices in Birmingham metro area

Published 3:21 pm Wednesday, November 23, 2022

Arina P Habich // Shutterstock

Cities with the fastest growing home prices in Birmingham metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no 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 Birmingham-Hoover, AL metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. Data was available for 88 cities and towns in Birmingham.

You may also like: Zip codes with the most expensive rent in Birmingham

Stacker

#30. Grayson Valley, Grayson Valley

– 1-year price change: +$29,370 (+18.2%)
– 5-year price change: +$79,946 (+72.1%)
– Typical home value: $190,819 (#58 most expensive city in metro)

Stacker

#29. Mount Olive, Mount Olive

– 1-year price change: +$29,516 (+14.2%)
– 5-year price change: +$82,695 (+53.4%)
– Typical home value: $237,511 (#44 most expensive city in metro)

Stacker

#28. Pinson, Pinson

– 1-year price change: +$29,815 (+16.5%)
– 5-year price change: +$83,830 (+66.1%)
– Typical home value: $210,612 (#54 most expensive city in metro)

Stacker

#27. Morris, Morris

– 1-year price change: +$29,906 (+13.9%)
– 5-year price change: +$84,988 (+53.0%)
– Typical home value: $245,325 (#36 most expensive city in metro)

Stacker

#26. Wilsonville, Wilsonville

– 1-year price change: +$29,975 (+10.8%)
– 5-year price change: +$103,854 (+51.1%)
– Typical home value: $307,191 (#11 most expensive city in metro)

You may also like: Highest-rated restaurants in Birmingham, according to Tripadvisor

Stacker

#25. Fultondale, Fultondale

– 1-year price change: +$30,136 (+15.9%)
– 5-year price change: +$78,270 (+55.1%)
– Typical home value: $220,233 (#50 most expensive city in metro)

Stacker

#24. Columbiana, Columbiana

– 1-year price change: +$30,406 (+13.3%)
– 5-year price change: +$91,620 (+54.9%)
– Typical home value: $258,654 (#31 most expensive city in metro)

Stacker

#23. Sylvan Springs, Sylvan Springs

– 1-year price change: +$30,901 (+16.2%)
– 5-year price change: +$81,749 (+58.4%)
– Typical home value: $221,636 (#49 most expensive city in metro)

Stacker

#22. Brierfield, Brierfield

– 1-year price change: +$30,990 (+14.1%)
– 5-year price change: +$72,412 (+40.6%)
– Typical home value: $250,800 (#34 most expensive city in metro)

Stacker

#21. Springville, Springville

– 1-year price change: +$31,460 (+11.6%)
– 5-year price change: +$96,584 (+46.7%)
– Typical home value: $303,458 (#13 most expensive city in metro)

You may also like: Biggest sources of immigrants to Birmingham

Stacker

#20. Calera, Calera

– 1-year price change: +$31,614 (+15.3%)
– 5-year price change: +$89,208 (+59.9%)
– Typical home value: $238,088 (#43 most expensive city in metro)

Stacker

#19. Alabaster, Alabaster

– 1-year price change: +$34,040 (+13.8%)
– 5-year price change: +$104,385 (+59.0%)
– Typical home value: $281,244 (#17 most expensive city in metro)

Stacker

#18. Gardendale, Gardendale

– 1-year price change: +$35,262 (+15.9%)
– 5-year price change: +$90,967 (+54.9%)
– Typical home value: $256,628 (#33 most expensive city in metro)

Stacker

#17. Riverside, Riverside

– 1-year price change: +$35,368 (+13.6%)
– 5-year price change: +$91,303 (+44.8%)
– Typical home value: $295,033 (#14 most expensive city in metro)

Stacker

#16. Clay, Clay

– 1-year price change: +$35,989 (+16.8%)
– 5-year price change: +$90,713 (+56.8%)
– Typical home value: $250,464 (#35 most expensive city in metro)

You may also like: Zip codes with the most expensive homes in Birmingham metro area

Stacker

#15. Irondale, Irondale

– 1-year price change: +$36,955 (+15.6%)
– 5-year price change: +$108,840 (+66.2%)
– Typical home value: $273,154 (#22 most expensive city in metro)

Stacker

#14. Pleasant Grove, Pleasant Grove

– 1-year price change: +$37,371 (+18.6%)
– 5-year price change: +$98,686 (+70.5%)
– Typical home value: $238,604 (#41 most expensive city in metro)

Stacker

#13. Pelham, Pelham

– 1-year price change: +$38,086 (+14.9%)
– 5-year price change: +$103,830 (+54.7%)
– Typical home value: $293,791 (#15 most expensive city in metro)

Stacker

#12. Kimberly, Kimberly

– 1-year price change: +$38,755 (+16.6%)
– 5-year price change: +$100,105 (+58.3%)
– Typical home value: $271,854 (#24 most expensive city in metro)

Stacker

#11. Pell City, Pell City

– 1-year price change: +$38,825 (+16.3%)
– 5-year price change: +$96,895 (+53.7%)
– Typical home value: $277,470 (#18 most expensive city in metro)

You may also like: Highest and lowest paying health care jobs in Birmingham

Stacker

#10. Trussville, Trussville

– 1-year price change: +$43,886 (+13.5%)
– 5-year price change: +$120,179 (+48.2%)
– Typical home value: $369,708 (#8 most expensive city in metro)

Stacker

#9. Helena, Helena

– 1-year price change: +$45,755 (+16.0%)
– 5-year price change: +$118,893 (+55.9%)
– Typical home value: $331,743 (#10 most expensive city in metro)

Stacker

#8. Chelsea, Chelsea

– 1-year price change: +$47,255 (+14.9%)
– 5-year price change: +$122,589 (+50.5%)
– Typical home value: $365,407 (#9 most expensive city in metro)

Stacker

#7. Hoover, Hoover

– 1-year price change: +$49,365 (+13.4%)
– 5-year price change: +$135,887 (+48.2%)
– Typical home value: $418,000 (#7 most expensive city in metro)

Stacker

#6. Homewood, Homewood

– 1-year price change: +$49,495 (+11.0%)
– 5-year price change: +$165,467 (+49.4%)
– Typical home value: $500,335 (#4 most expensive city in metro)

You may also like: Highest-rated cheap eats in Birmingham, according to Tripadvisor

Stacker

#5. Meadowbrook, Meadowbrook

– 1-year price change: +$53,799 (+14.5%)
– 5-year price change: +$132,560 (+45.3%)
– Typical home value: $425,366 (#6 most expensive city in metro)

Stacker

#4. Vestavia Hills, Vestavia Hills

– 1-year price change: +$57,621 (+12.4%)
– 5-year price change: +$151,736 (+41.1%)
– Typical home value: $520,893 (#2 most expensive city in metro)

Stacker

#3. Indian Springs Village, Indian Springs Village

– 1-year price change: +$59,385 (+13.2%)
– 5-year price change: +$171,909 (+50.8%)
– Typical home value: $509,987 (#3 most expensive city in metro)

Stacker

#2. Lake Purdy, Lake Purdy

– 1-year price change: +$68,173 (+16.2%)
– 5-year price change: +$156,000 (+47.0%)
– Typical home value: $487,848 (#5 most expensive city in metro)

Stacker

#1. Mountain Brook, Mountain Brook

– 1-year price change: +$112,110 (+13.6%)
– 5-year price change: +$294,162 (+45.8%)
– Typical home value: $937,098 (#1 most expensive city in metro)

You may also like: Highest-paying jobs in Birmingham