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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 December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 15 cities and towns with data available were included in the list.

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Stacker

#15. New Hope, AL

– 1-year price change: +$17,628 (+9.0%)
– 5-year price change: +$97,528 (+84.8%)
– Typical home value: $212,505 (#15 most expensive city in metro)

Stacker

#14. Hazel Green, AL

– 1-year price change: +$26,216 (+11.7%)
– 5-year price change: +$110,300 (+78.5%)
– Typical home value: $250,823 (#11 most expensive city in metro)

Stacker

#13. New Market, AL

– 1-year price change: +$30,789 (+12.1%)
– 5-year price change: +$125,767 (+78.6%)
– Typical home value: $285,825 (#7 most expensive city in metro)

Stacker

#12. Gurley, AL

– 1-year price change: +$30,970 (+10.2%)
– 5-year price change: +$141,631 (+73.0%)
– Typical home value: $335,530 (#4 most expensive city in metro)

Stacker

#11. Moores Mill, AL

– 1-year price change: +$32,126 (+11.8%)
– 5-year price change: +$131,907 (+76.8%)
– Typical home value: $303,566 (#6 most expensive city in metro)

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Stacker

#10. Huntsville, AL

– 1-year price change: +$32,395 (+12.8%)
– 5-year price change: +$128,160 (+81.6%)
– Typical home value: $285,279 (#8 most expensive city in metro)

Stacker

#9. Triana, AL

– 1-year price change: +$33,435 (+14.4%)
– 5-year price change: +$123,970 (+87.8%)
– Typical home value: $265,166 (#10 most expensive city in metro)

Stacker

#8. Ardmore, AL

– 1-year price change: +$35,740 (+18.1%)
– 5-year price change: +$105,333 (+82.4%)
– Typical home value: $233,159 (#13 most expensive city in metro)

Stacker

#7. Harvest, AL

– 1-year price change: +$39,343 (+14.0%)
– 5-year price change: +$139,749 (+77.4%)
– Typical home value: $320,356 (#5 most expensive city in metro)

Stacker

#6. Meridianville, AL

– 1-year price change: +$41,652 (+13.9%)
– 5-year price change: +$148,030 (+76.3%)
– Typical home value: $342,146 (#3 most expensive city in metro)

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Stacker

#5. Madison, AL

– 1-year price change: +$45,162 (+13.3%)
– 5-year price change: +$158,533 (+70.2%)
– Typical home value: $384,205 (#2 most expensive city in metro)

Stacker

#4. Elkmont, AL

– 1-year price change: +$45,418 (+23.3%)
– 5-year price change: +$109,712 (+84.1%)
– Typical home value: $240,144 (#12 most expensive city in metro)

Stacker

#3. Athens, AL

– 1-year price change: +$46,832 (+20.4%)
– 5-year price change: +$123,436 (+80.8%)
– Typical home value: $276,268 (#9 most expensive city in metro)

Stacker

#2. Owens Cross Roads, AL

– 1-year price change: +$48,273 (+12.0%)
– 5-year price change: +$182,784 (+68.1%)
– Typical home value: $451,376 (#1 most expensive city in metro)

Stacker

#1. Lester, AL

– 1-year price change: +$50,912 (+30.0%)
– 5-year price change: +$182,784 (data not available)
– Typical home value: $220,442 (#14 most expensive city in metro)

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