Cities with the most expensive homes in the Montgomery metro area

Published 9:52 pm Thursday, May 11, 2023

scarp577 // Shutterstock

Cities with the most expensive homes in the Montgomery metro area

Purchasing a home is one of the most important investments there is. More than a place to live,
homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability
plays a huge role for buyers. High mortgage rates are also making monthly payments more expensive; as of May 4, the 30-year fixed mortgage rate sits at 6.39%.
The typical home value in the United States increased over the last year by 3% to $334,994.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others.
Location, size, age, and condition are all contributing factors to home value.

Stacker compiled a list of cities with the most expensive homes in the Montgomery metro area using data from Zillow.
Cities are ranked by the Zillow Home Values Index for all homes as of March 2023. The ZHVI represents a seasonally adjusted price for the middle market for all homes. All 20 cities and towns with data available were included in the list.
Charts for each city show the monthly typical home value since January 2018.

You may also like: Highest-rated Italian restaurants in Montgomery, according to Tripadvisor

Stacker

#20. Fort Deposit, AL

– Typical home value: $97,725
– 1-year price change: +12.6%
– 5-year price change: +54.1%

Stacker

#19. Jones, AL

– Typical home value: $110,766
– 1-year price change: +10.8%
– 5-year price change: +54.2%

Stacker

#18. Lapine, AL

– Typical home value: $117,583
– 1-year price change: +10.7%
– 5-year price change: +48.0%

Stacker

#17. Grady, AL

– Typical home value: $125,119
– 1-year price change: +13.3%
– 5-year price change: +53.4%

Stacker

#16. Montgomery, AL

– Typical home value: $133,019
– 1-year price change: +9.0%
– 5-year price change: +51.8%

You may also like: Highest-rated pizza restaurants in Montgomery, according to Tripadvisor

Stacker

#15. Autaugaville, AL

– Typical home value: $140,746
– 1-year price change: +5.3%
– 5-year price change: +51.8%

Stacker

#14. Tallassee, AL

– Typical home value: $148,476
– 1-year price change: +7.1%
– 5-year price change: +53.0%

Stacker

#13. Ramer, AL

– Typical home value: $153,974
– 1-year price change: +12.6%
– 5-year price change: +49.0%

Stacker

#12. Billingsley, AL

– Typical home value: $175,773
– 1-year price change: +9.4%
– 5-year price change: +54.6%

Stacker

#11. Millbrook, AL

– Typical home value: $184,698
– 1-year price change: +6.1%
– 5-year price change: +39.1%

You may also like: Dogs available for adoption in Montgomery

Stacker

#10. Marbury, AL

– Typical home value: $187,884
– 1-year price change: +8.8%
– 5-year price change: +61.7%

Stacker

#9. Coosada, AL

– Typical home value: $187,987
– 1-year price change: +6.7%
– 5-year price change: +36.1%

Stacker

#8. Elmore, AL

– Typical home value: $207,346
– 1-year price change: +6.5%
– 5-year price change: +42.8%

Stacker

#7. Hope Hull, AL

– Typical home value: $220,662
– 1-year price change: +12.4%
– 5-year price change: +51.9%

Stacker

#6. Prattville, AL

– Typical home value: $223,011
– 1-year price change: +7.3%
– 5-year price change: +38.6%

You may also like: How gas prices have changed in Montgomery in the last week

Stacker

#5. Wetumpka, AL

– Typical home value: $243,634
– 1-year price change: +7.0%
– 5-year price change: +44.8%

Stacker

#4. Deatsville, AL

– Typical home value: $258,856
– 1-year price change: +6.9%
– 5-year price change: +43.5%

Stacker

#3. Titus, AL

– Typical home value: $265,435
– 1-year price change: +5.2%
– 5-year price change: +53.5%

Stacker

#2. Eclectic, AL

– Typical home value: $329,825
– 1-year price change: +6.8%
– 5-year price change: +54.0%

Stacker

#1. Pike Road, AL

– Typical home value: $392,607
– 1-year price change: +4.9%
– 5-year price change: +33.5%

You may also like: Closest national parks to Montgomery