Cities with the fastest growing home prices in Birmingham metro area
Published 11:50 pm Wednesday, February 22, 2023
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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 January 2023. The typical home value in the United States increased over the last year by +6.2% to $329,542. Data was available for 79 cities and towns in Birmingham.
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Stacker
#30. Pinson, AL
– 1-year price change: +$18,333 (+10.2%)
– 5-year price change: +$69,141 (+53.5%)
– Typical home value: $198,486 (#44 most expensive city in metro)
Stacker
#29. Odenville, AL
– 1-year price change: +$18,522 (+7.8%)
– 5-year price change: +$88,752 (+52.9%)
– Typical home value: $256,476 (#18 most expensive city in metro)
Stacker
#28. Pelham, AL
– 1-year price change: +$18,724 (+7.0%)
– 5-year price change: +$104,217 (+57.6%)
– Typical home value: $285,004 (#13 most expensive city in metro)
Stacker
#27. Adamsville, AL
– 1-year price change: +$18,931 (+16.1%)
– 5-year price change: +$67,244 (+97.1%)
– Typical home value: $136,530 (#65 most expensive city in metro)
Stacker
#26. Clanton, AL
– 1-year price change: +$19,063 (+11.1%)
– 5-year price change: +$70,049 (+58.0%)
– Typical home value: $190,760 (#47 most expensive city in metro)
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Stacker
#25. Moody, AL
– 1-year price change: +$19,219 (+8.3%)
– 5-year price change: +$89,675 (+55.3%)
– Typical home value: $251,730 (#21 most expensive city in metro)
Stacker
#24. Hayden, AL
– 1-year price change: +$19,569 (+9.6%)
– 5-year price change: +$76,469 (+52.4%)
– Typical home value: $222,453 (#33 most expensive city in metro)
Stacker
#23. Concord, AL
– 1-year price change: +$19,963 (+12.5%)
– 5-year price change: +$58,954 (+48.9%)
– Typical home value: $179,547 (#52 most expensive city in metro)
Stacker
#22. Calera, AL
– 1-year price change: +$20,109 (+9.2%)
– 5-year price change: +$91,177 (+62.0%)
– Typical home value: $238,135 (#25 most expensive city in metro)
Stacker
#21. Gardendale, AL
– 1-year price change: +$20,448 (+9.1%)
– 5-year price change: +$81,417 (+49.5%)
– Typical home value: $245,833 (#24 most expensive city in metro)
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Stacker
#20. Alabaster, AL
– 1-year price change: +$20,463 (+8.0%)
– 5-year price change: +$102,374 (+59.3%)
– Typical home value: $274,908 (#16 most expensive city in metro)
Stacker
#19. Rock Creek, AL
– 1-year price change: +$20,927 (+13.0%)
– 5-year price change: +$56,872 (+45.5%)
– Typical home value: $181,903 (#50 most expensive city in metro)
Stacker
#18. Warrior, AL
– 1-year price change: +$21,934 (+10.9%)
– 5-year price change: +$83,322 (+59.5%)
– Typical home value: $223,390 (#32 most expensive city in metro)
Stacker
#17. Sylvan Springs, AL
– 1-year price change: +$21,981 (+12.0%)
– 5-year price change: +$63,608 (+45.0%)
– Typical home value: $204,881 (#41 most expensive city in metro)
Stacker
#16. Mount Olive, AL
– 1-year price change: +$22,342 (+10.9%)
– 5-year price change: +$71,883 (+46.3%)
– Typical home value: $227,003 (#28 most expensive city in metro)
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Stacker
#15. Leeds, AL
– 1-year price change: +$22,385 (+11.0%)
– 5-year price change: +$91,326 (+68.1%)
– Typical home value: $225,485 (#30 most expensive city in metro)
Stacker
#14. Maytown, AL
– 1-year price change: +$22,560 (+28.6%)
– 5-year price change: +$38,876 (+62.0%)
– Typical home value: $101,529 (#69 most expensive city in metro)
Stacker
#13. Pleasant Grove, AL
– 1-year price change: +$22,632 (+11.4%)
– 5-year price change: +$83,300 (+60.3%)
– Typical home value: $221,421 (#34 most expensive city in metro)
Stacker
#12. Clay, AL
– 1-year price change: +$22,676 (+10.5%)
– 5-year price change: +$86,247 (+56.8%)
– Typical home value: $238,076 (#26 most expensive city in metro)
Stacker
#11. Chelsea, AL
– 1-year price change: +$22,849 (+6.8%)
– 5-year price change: +$113,637 (+46.8%)
– Typical home value: $356,485 (#9 most expensive city in metro)
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Stacker
#10. Irondale, AL
– 1-year price change: +$24,771 (+11.0%)
– 5-year price change: +$99,578 (+66.0%)
– Typical home value: $250,435 (#22 most expensive city in metro)
Stacker
#9. Helena, AL
– 1-year price change: +$24,920 (+8.2%)
– 5-year price change: +$117,493 (+55.5%)
– Typical home value: $329,088 (#10 most expensive city in metro)
Stacker
#8. Homewood, AL
– 1-year price change: +$25,442 (+5.8%)
– 5-year price change: +$158,615 (+52.4%)
– Typical home value: $461,360 (#4 most expensive city in metro)
Stacker
#7. Kimberly, AL
– 1-year price change: +$25,506 (+11.1%)
– 5-year price change: +$82,552 (+48.1%)
– Typical home value: $254,321 (#20 most expensive city in metro)
Stacker
#6. Trussville, AL
– 1-year price change: +$25,524 (+7.7%)
– 5-year price change: +$115,705 (+47.9%)
– Typical home value: $357,195 (#8 most expensive city in metro)
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Stacker
#5. Springville, AL
– 1-year price change: +$27,587 (+9.7%)
– 5-year price change: +$104,496 (+50.6%)
– Typical home value: $310,985 (#11 most expensive city in metro)
Stacker
#4. Hoover, AL
– 1-year price change: +$28,554 (+7.7%)
– 5-year price change: +$122,249 (+44.2%)
– Typical home value: $399,056 (#7 most expensive city in metro)
Stacker
#3. Morris, AL
– 1-year price change: +$28,786 (+13.9%)
– 5-year price change: +$80,244 (+51.7%)
– Typical home value: $235,545 (#27 most expensive city in metro)
Stacker
#2. Vestavia Hills, AL
– 1-year price change: +$29,727 (+6.5%)
– 5-year price change: +$138,806 (+39.9%)
– Typical home value: $486,808 (#2 most expensive city in metro)
Stacker
#1. Mountain Brook, AL
– 1-year price change: +$52,100 (+6.8%)
– 5-year price change: +$257,884 (+46.2%)
– Typical home value: $816,214 (#1 most expensive city in metro)
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