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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 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 Huntsville, 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. All 15 cities and towns with data available were included in the list.

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Stacker

#15. New Hope, New Hope

– 1-year price change: +$31,728 (+17.4%)
– 5-year price change: +$101,431 (+90.1%)
– Typical home value: $214,008 (#15 most expensive city in metro)

Stacker

#14. Hazel Green, Hazel Green

– 1-year price change: +$39,103 (+18.6%)
– 5-year price change: +$114,771 (+85.3%)
– Typical home value: $249,329 (#11 most expensive city in metro)

Stacker

#13. New Market, New Market

– 1-year price change: +$46,534 (+19.7%)
– 5-year price change: +$128,240 (+83.3%)
– Typical home value: $282,242 (#9 most expensive city in metro)

Stacker

#12. Huntsville, Huntsville

– 1-year price change: +$46,806 (+19.7%)
– 5-year price change: +$132,299 (+87.0%)
– Typical home value: $284,439 (#8 most expensive city in metro)

Stacker

#11. Ardmore, Ardmore

– 1-year price change: +$48,093 (+25.2%)
– 5-year price change: +$111,277 (+87.2%)
– Typical home value: $238,880 (#13 most expensive city in metro)

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#10. Moores Mill, Moores Mill

– 1-year price change: +$50,030 (+19.9%)
– 5-year price change: +$136,622 (+83.0%)
– Typical home value: $301,234 (#6 most expensive city in metro)

Stacker

#9. Gurley, Gurley

– 1-year price change: +$52,529 (+18.4%)
– 5-year price change: +$149,985 (+79.8%)
– Typical home value: $338,004 (#4 most expensive city in metro)

Stacker

#8. Triana, Triana

– 1-year price change: +$53,031 (+24.5%)
– 5-year price change: +$132,795 (+97.4%)
– Typical home value: $269,173 (#10 most expensive city in metro)

Stacker

#7. Elkmont, Elkmont

– 1-year price change: +$56,641 (+29.8%)
– 5-year price change: +$115,834 (+88.6%)
– Typical home value: $246,638 (#12 most expensive city in metro)

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#6. Harvest, Harvest

– 1-year price change: +$56,909 (+21.6%)
– 5-year price change: +$144,567 (+82.2%)
– Typical home value: $320,494 (#5 most expensive city in metro)

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#5. Lester, Lester

– 1-year price change: +$58,552 (+34.5%)
– 5-year price change: +$144,567 (data not available)
– Typical home value: $228,131 (#14 most expensive city in metro)

Stacker

#4. Meridianville, Meridianville

– 1-year price change: +$58,849 (+21.0%)
– 5-year price change: +$151,273 (+80.8%)
– Typical home value: $338,486 (#3 most expensive city in metro)

Stacker

#3. Athens, Athens

– 1-year price change: +$59,628 (+26.5%)
– 5-year price change: +$128,121 (+81.8%)
– Typical home value: $284,831 (#7 most expensive city in metro)

Stacker

#2. Madison, Madison

– 1-year price change: +$61,928 (+19.3%)
– 5-year price change: +$163,708 (+74.5%)
– Typical home value: $383,412 (#2 most expensive city in metro)

Stacker

#1. Owens Cross Roads, Owens Cross Roads

– 1-year price change: +$73,141 (+19.4%)
– 5-year price change: +$191,062 (+73.7%)
– Typical home value: $450,183 (#1 most expensive city in metro)

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