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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 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 Daphne-Fairhope-Foley, AL metro area using data from Zillow. Cities are ranked by 1-year price change as of December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 20 cities and towns with data available were included in the list.

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Stacker

#20. Little River, AL

– 1-year price change: +$7,580 (+4.3%)
– 5-year price change: +$54,546 (+42.5%)
– Typical home value: $182,864 (#19 most expensive city in metro)

Stacker

#19. Perdido, AL

– 1-year price change: +$11,569 (+6.9%)
– 5-year price change: +$62,462 (+53.3%)
– Typical home value: $179,619 (#20 most expensive city in metro)

Stacker

#18. Stockton, AL

– 1-year price change: +$15,034 (+7.9%)
– 5-year price change: +$73,315 (+55.3%)
– Typical home value: $205,956 (#18 most expensive city in metro)

Stacker

#17. Bay Minette, AL

– 1-year price change: +$24,226 (+12.8%)
– 5-year price change: +$86,309 (+68.0%)
– Typical home value: $213,150 (#17 most expensive city in metro)

Stacker

#16. Loxley, AL

– 1-year price change: +$31,045 (+12.7%)
– 5-year price change: +$115,358 (+71.8%)
– Typical home value: $275,943 (#12 most expensive city in metro)

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Stacker

#15. Summerdale, AL

– 1-year price change: +$31,792 (+13.2%)
– 5-year price change: +$119,110 (+77.5%)
– Typical home value: $272,781 (#13 most expensive city in metro)

Stacker

#14. Robertsdale, AL

– 1-year price change: +$31,883 (+14.2%)
– 5-year price change: +$109,158 (+74.1%)
– Typical home value: $256,458 (#15 most expensive city in metro)

Stacker

#13. Silverhill, AL

– 1-year price change: +$32,472 (+13.0%)
– 5-year price change: +$125,441 (+79.9%)
– Typical home value: $282,503 (#11 most expensive city in metro)

Stacker

#12. Magnolia Springs, AL

– 1-year price change: +$34,378 (+15.6%)
– 5-year price change: +$111,161 (+77.1%)
– Typical home value: $255,274 (#16 most expensive city in metro)

Stacker

#11. Foley, AL

– 1-year price change: +$37,080 (+14.4%)
– 5-year price change: +$130,121 (+79.3%)
– Typical home value: $294,154 (#10 most expensive city in metro)

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Stacker

#10. Daphne, AL

– 1-year price change: +$37,680 (+13.4%)
– 5-year price change: +$123,339 (+63.3%)
– Typical home value: $318,249 (#7 most expensive city in metro)

Stacker

#9. Elberta, AL

– 1-year price change: +$37,812 (+12.8%)
– 5-year price change: +$157,646 (+89.2%)
– Typical home value: $334,375 (#5 most expensive city in metro)

Stacker

#8. Bon Secour, AL

– 1-year price change: +$38,523 (+17.1%)
– 5-year price change: +$120,570 (+84.6%)
– Typical home value: $263,164 (#14 most expensive city in metro)

Stacker

#7. Stapleton, AL

– 1-year price change: +$38,810 (+14.1%)
– 5-year price change: +$151,269 (+93.3%)
– Typical home value: $313,385 (#9 most expensive city in metro)

Stacker

#6. Seminole, AL

– 1-year price change: +$40,058 (+14.4%)
– 5-year price change: +$146,264 (+84.7%)
– Typical home value: $318,922 (#6 most expensive city in metro)

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Stacker

#5. Spanish Fort, AL

– 1-year price change: +$46,997 (+13.8%)
– 5-year price change: +$153,836 (+65.8%)
– Typical home value: $387,650 (#4 most expensive city in metro)

Stacker

#4. Lillian, AL

– 1-year price change: +$48,949 (+18.3%)
– 5-year price change: +$145,758 (+85.6%)
– Typical home value: $316,060 (#8 most expensive city in metro)

Stacker

#3. Fairhope, AL

– 1-year price change: +$55,126 (+13.5%)
– 5-year price change: +$195,963 (+73.1%)
– Typical home value: $463,941 (#3 most expensive city in metro)

Stacker

#2. Gulf Shores, AL

– 1-year price change: +$78,178 (+19.8%)
– 5-year price change: +$254,739 (+116.7%)
– Typical home value: $472,999 (#2 most expensive city in metro)

Stacker

#1. Orange Beach, AL

– 1-year price change: +$101,513 (+16.5%)
– 5-year price change: +$438,956 (+157.3%)
– Typical home value: $718,018 (#1 most expensive city in metro)

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