Cities with the fastest growing home prices in Mobile metro area
Published 12:20 am Friday, January 20, 2023
Konstantin L // Shutterstock
Cities with the fastest growing home prices in Mobile 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 Mobile, 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 29 cities and towns with data available were included in the list.
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Stacker
#29. Prichard, AL
– 1-year price change: +$4,383 (+10.5%)
– 5-year price change: +$12,464 (+37.2%)
– Typical home value: $45,955 (#29 most expensive city in metro)
Stacker
#28. Millry, AL
– 1-year price change: +$10,089 (+8.1%)
– 5-year price change: +$12,464 (data not available)
– Typical home value: $134,276 (#19 most expensive city in metro)
Stacker
#27. Silas, AL
– 1-year price change: +$11,052 (+13.4%)
– 5-year price change: +$12,464 (data not available)
– Typical home value: $93,578 (#27 most expensive city in metro)
Stacker
#26. Fruitdale, AL
– 1-year price change: +$13,180 (+13.1%)
– 5-year price change: +$12,464 (data not available)
– Typical home value: $113,585 (#25 most expensive city in metro)
Stacker
#25. McIntosh, AL
– 1-year price change: +$13,618 (+12.4%)
– 5-year price change: +$12,464 (data not available)
– Typical home value: $123,184 (#22 most expensive city in metro)
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Stacker
#24. Bayou La Batre, AL
– 1-year price change: +$13,734 (+21.9%)
– 5-year price change: +$22,958 (+42.9%)
– Typical home value: $76,509 (#28 most expensive city in metro)
Stacker
#23. Chatom, AL
– 1-year price change: +$14,124 (+9.8%)
– 5-year price change: +$22,958 (data not available)
– Typical home value: $158,814 (#16 most expensive city in metro)
Stacker
#22. Axis, AL
– 1-year price change: +$14,647 (+8.2%)
– 5-year price change: +$69,542 (+56.4%)
– Typical home value: $192,933 (#9 most expensive city in metro)
Stacker
#21. Creola, AL
– 1-year price change: +$14,885 (+7.9%)
– 5-year price change: +$71,111 (+53.7%)
– Typical home value: $203,555 (#8 most expensive city in metro)
Stacker
#20. Saint Stephens, AL
– 1-year price change: +$15,039 (+12.1%)
– 5-year price change: +$71,111 (data not available)
– Typical home value: $139,722 (#17 most expensive city in metro)
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Stacker
#19. Tibbie, AL
– 1-year price change: +$15,332 (+12.9%)
– 5-year price change: +$71,111 (data not available)
– Typical home value: $134,229 (#20 most expensive city in metro)
Stacker
#18. Wagarville, AL
– 1-year price change: +$15,487 (+13.5%)
– 5-year price change: +$71,111 (data not available)
– Typical home value: $130,360 (#21 most expensive city in metro)
Stacker
#17. Chickasaw, AL
– 1-year price change: +$15,557 (+18.9%)
– 5-year price change: +$38,631 (+65.2%)
– Typical home value: $97,876 (#26 most expensive city in metro)
Stacker
#16. Vinegar Bend, AL
– 1-year price change: +$16,606 (+15.7%)
– 5-year price change: +$38,631 (data not available)
– Typical home value: $122,381 (#23 most expensive city in metro)
Stacker
#15. Citronelle, AL
– 1-year price change: +$17,393 (+11.6%)
– 5-year price change: +$57,899 (+52.8%)
– Typical home value: $167,634 (#15 most expensive city in metro)
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Stacker
#14. Satsuma, AL
– 1-year price change: +$18,153 (+8.5%)
– 5-year price change: +$81,612 (+54.7%)
– Typical home value: $230,733 (#2 most expensive city in metro)
Stacker
#13. Mobile, AL
– 1-year price change: +$18,413 (+10.9%)
– 5-year price change: +$69,422 (+58.7%)
– Typical home value: $187,669 (#12 most expensive city in metro)
Stacker
#12. Theodore, AL
– 1-year price change: +$19,201 (+11.1%)
– 5-year price change: +$68,680 (+55.9%)
– Typical home value: $191,470 (#11 most expensive city in metro)
Stacker
#11. Eight Mile, AL
– 1-year price change: +$19,237 (+11.9%)
– 5-year price change: +$66,887 (+58.9%)
– Typical home value: $180,491 (#14 most expensive city in metro)
Stacker
#10. Deer Park, AL
– 1-year price change: +$19,436 (+16.2%)
– 5-year price change: +$66,887 (data not available)
– Typical home value: $139,283 (#18 most expensive city in metro)
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Stacker
#9. Saraland, AL
– 1-year price change: +$20,727 (+10.6%)
– 5-year price change: +$77,840 (+56.1%)
– Typical home value: $216,669 (#4 most expensive city in metro)
Stacker
#8. Irvington, AL
– 1-year price change: +$20,936 (+12.2%)
– 5-year price change: +$73,131 (+61.6%)
– Typical home value: $191,859 (#10 most expensive city in metro)
Stacker
#7. Wilmer, AL
– 1-year price change: +$21,205 (+11.5%)
– 5-year price change: +$75,239 (+57.8%)
– Typical home value: $205,362 (#7 most expensive city in metro)
Stacker
#6. Mount Vernon, AL
– 1-year price change: +$21,406 (+21.5%)
– 5-year price change: +$38,494 (+46.7%)
– Typical home value: $120,840 (#24 most expensive city in metro)
Stacker
#5. Semmes, AL
– 1-year price change: +$22,770 (+11.1%)
– 5-year price change: +$80,539 (+54.6%)
– Typical home value: $228,086 (#3 most expensive city in metro)
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Stacker
#4. Chunchula, AL
– 1-year price change: +$23,047 (+12.1%)
– 5-year price change: +$79,087 (+59.0%)
– Typical home value: $213,026 (#5 most expensive city in metro)
Stacker
#3. Grand Bay, AL
– 1-year price change: +$24,501 (+13.2%)
– 5-year price change: +$79,299 (+60.4%)
– Typical home value: $210,680 (#6 most expensive city in metro)
Stacker
#2. Coden, AL
– 1-year price change: +$32,400 (+21.7%)
– 5-year price change: +$72,767 (+66.8%)
– Typical home value: $181,699 (#13 most expensive city in metro)
Stacker
#1. Dauphin Island, AL
– 1-year price change: +$70,421 (+16.2%)
– 5-year price change: +$223,603 (+79.1%)
– Typical home value: $506,160 (#1 most expensive city in metro)