Cities with the fastest growing home prices in Mobile metro area

Published 11:51 pm Wednesday, February 22, 2023

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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 January 2023. The typical home value in the United States increased over the last year by +6.2% to $329,542. All 21 cities and towns with data available were included in the list.

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Stacker

#21. Silas, AL

– 1-year price change: $-5,077 (-5.2%)
– 5-year price change: +$11,330 (+14.0%)
– Typical home value: $92,301 (#19 most expensive city in metro)

Stacker

#20. Millry, AL

– 1-year price change: $-2,525 (-1.8%)
– 5-year price change: +$33,946 (+31.5%)
– Typical home value: $141,691 (#16 most expensive city in metro)

Stacker

#19. Bayou La Batre, AL

– 1-year price change: +$229 (+0.3%)
– 5-year price change: +$21,961 (+46.5%)
– Typical home value: $69,191 (#20 most expensive city in metro)

Stacker

#18. Prichard, AL

– 1-year price change: +$1,572 (+4.0%)
– 5-year price change: +$11,025 (+37.5%)
– Typical home value: $40,435 (#21 most expensive city in metro)

Stacker

#17. Coden, AL

– 1-year price change: +$5,913 (+4.1%)
– 5-year price change: +$53,979 (+56.7%)
– Typical home value: $149,105 (#15 most expensive city in metro)

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Stacker

#16. Mount Vernon, AL

– 1-year price change: +$6,984 (+7.8%)
– 5-year price change: +$27,495 (+40.1%)
– Typical home value: $96,092 (#17 most expensive city in metro)

Stacker

#15. Citronelle, AL

– 1-year price change: +$10,033 (+6.9%)
– 5-year price change: +$52,311 (+50.9%)
– Typical home value: $155,046 (#14 most expensive city in metro)

Stacker

#14. Theodore, AL

– 1-year price change: +$10,605 (+6.2%)
– 5-year price change: +$63,417 (+53.9%)
– Typical home value: $181,114 (#9 most expensive city in metro)

Stacker

#13. Eight Mile, AL

– 1-year price change: +$11,774 (+8.0%)
– 5-year price change: +$55,704 (+54.1%)
– Typical home value: $158,597 (#13 most expensive city in metro)

Stacker

#12. Chickasaw, AL

– 1-year price change: +$12,461 (+15.3%)
– 5-year price change: +$35,842 (+62.0%)
– Typical home value: $93,650 (#18 most expensive city in metro)

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Stacker

#11. Mobile, AL

– 1-year price change: +$12,530 (+7.7%)
– 5-year price change: +$62,258 (+54.9%)
– Typical home value: $175,700 (#11 most expensive city in metro)

Stacker

#10. Creola, AL

– 1-year price change: +$12,547 (+7.0%)
– 5-year price change: +$66,156 (+53.0%)
– Typical home value: $190,972 (#6 most expensive city in metro)

Stacker

#9. Wilmer, AL

– 1-year price change: +$12,596 (+7.1%)
– 5-year price change: +$65,922 (+52.8%)
– Typical home value: $190,880 (#7 most expensive city in metro)

Stacker

#8. Grand Bay, AL

– 1-year price change: +$13,071 (+7.4%)
– 5-year price change: +$60,256 (+46.4%)
– Typical home value: $190,167 (#8 most expensive city in metro)

Stacker

#7. Axis, AL

– 1-year price change: +$14,465 (+8.8%)
– 5-year price change: +$63,428 (+54.6%)
– Typical home value: $179,538 (#10 most expensive city in metro)

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Stacker

#6. Irvington, AL

– 1-year price change: +$14,504 (+9.1%)
– 5-year price change: +$64,038 (+58.5%)
– Typical home value: $173,556 (#12 most expensive city in metro)

Stacker

#5. Saraland, AL

– 1-year price change: +$14,611 (+7.5%)
– 5-year price change: +$70,412 (+50.6%)
– Typical home value: $209,687 (#4 most expensive city in metro)

Stacker

#4. Semmes, AL

– 1-year price change: +$15,810 (+7.7%)
– 5-year price change: +$72,538 (+49.0%)
– Typical home value: $220,616 (#2 most expensive city in metro)

Stacker

#3. Chunchula, AL

– 1-year price change: +$15,907 (+8.6%)
– 5-year price change: +$72,181 (+56.3%)
– Typical home value: $200,304 (#5 most expensive city in metro)

Stacker

#2. Satsuma, AL

– 1-year price change: +$17,141 (+8.6%)
– 5-year price change: +$72,992 (+50.8%)
– Typical home value: $216,709 (#3 most expensive city in metro)

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Stacker

#1. Dauphin Island, AL

– 1-year price change: +$45,280 (+11.3%)
– 5-year price change: +$202,127 (+82.5%)
– Typical home value: $447,083 (#1 most expensive city in metro)