Konstantin L // Shutterstock

Cities with the fastest growing home prices in Gadsden 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 Gadsden, 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. All 10 cities and towns with data available were included in the list.

You may also like: Highest-earning zip codes in Gadsden metro area

Stacker

#10. Attalla, AL

– 1-year price change: +$3,407 (+3.1%)
– 5-year price change: +$44,050 (+62.9%)
– Typical home value: $114,088 (#9 most expensive city in metro)

Stacker

#9. Gadsden, AL

– 1-year price change: +$5,653 (+7.1%)
– 5-year price change: +$28,432 (+50.1%)
– Typical home value: $85,215 (#10 most expensive city in metro)

Stacker

#8. Altoona, AL

– 1-year price change: +$6,405 (+4.3%)
– 5-year price change: +$55,469 (+55.2%)
– Typical home value: $156,033 (#8 most expensive city in metro)

Stacker

#7. Gallant, AL

– 1-year price change: +$7,186 (+4.1%)
– 5-year price change: +$62,471 (+51.5%)
– Typical home value: $183,659 (#4 most expensive city in metro)

Stacker

#6. Glencoe, AL

– 1-year price change: +$7,248 (+4.3%)
– 5-year price change: +$59,620 (+50.7%)
– Typical home value: $177,219 (#6 most expensive city in metro)

You may also like: How Gadsden feels about climate change

Stacker

#5. Hokes Bluff, AL

– 1-year price change: +$9,187 (+5.4%)
– 5-year price change: +$59,102 (+49.3%)
– Typical home value: $178,946 (#5 most expensive city in metro)

Stacker

#4. Boaz, AL

– 1-year price change: +$11,618 (+7.5%)
– 5-year price change: +$66,074 (+65.9%)
– Typical home value: $166,333 (#7 most expensive city in metro)

Stacker

#3. Sardis City, AL

– 1-year price change: +$13,817 (+7.5%)
– 5-year price change: +$76,525 (+63.1%)
– Typical home value: $197,766 (#3 most expensive city in metro)

Stacker

#2. Rainbow City, AL

– 1-year price change: +$14,280 (+6.9%)
– 5-year price change: +$77,486 (+53.9%)
– Typical home value: $221,128 (#2 most expensive city in metro)

Stacker

#1. Southside, AL

– 1-year price change: +$15,800 (+7.3%)
– 5-year price change: +$76,868 (+49.3%)
– Typical home value: $232,690 (#1 most expensive city in metro)

You may also like: Metros sending the most people to Gadsden