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Cities with the most expensive homes in Alabama

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 June 15, the 30-year fixed mortgage rate sits at 6.69%.

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 Alabama using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of May 2023. The charts in this story were created automatically using Matplotlib.

Metros with the most cities in the top 30 in Alabama
#1. Birmingham-Hoover, AL: 10
#2. Daphne-Fairhope-Foley, AL: 6
#3. Alexander City, AL: 3
#3. Huntsville, AL: 3
#5. Montgomery, AL: 2
#6. Auburn-Opelika, AL: 1
#6. Cullman, AL: 1
#6. Mobile, AL: 1

Read on to see which cities made the list.

Stacker

#30. Daphne

– Typical home value: $316,125
– 1-year price change: +3.3%
– 5-year price change: +51.0%
– Metro area: Daphne-Fairhope-Foley, AL

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#29. Meridianville

– Typical home value: $321,313
– 1-year price change: +2.1%
– 5-year price change: +69.3%
– Metro area: Huntsville, AL

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#28. Springville

– Typical home value: $323,142
– 1-year price change: +4.2%
– 5-year price change: +51.7%
– Metro area: Birmingham-Hoover, AL

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#27. Elberta

– Typical home value: $331,319
– 1-year price change: +3.4%
– 5-year price change: +74.1%
– Metro area: Daphne-Fairhope-Foley, AL

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#26. Wedowee

– Typical home value: $332,675
– 1-year price change: -1.4%
– 5-year price change: +70.4%
– Metro area: not in a metro area

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#25. Eclectic

– Typical home value: $334,258
– 1-year price change: +4.7%
– 5-year price change: +54.1%
– Metro area: Montgomery, AL

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#24. Auburn

– Typical home value: $344,380
– 1-year price change: +6.7%
– 5-year price change: +47.2%
– Metro area: Auburn-Opelika, AL

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#23. Houston

– Typical home value: $346,220
– 1-year price change: +5.9%
– 5-year price change: +67.4%
– Metro area: not in a metro area

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#22. Helena

– Typical home value: $357,451
– 1-year price change: +2.2%
– 5-year price change: +53.8%
– Metro area: Birmingham-Hoover, AL

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#21. Madison

– Typical home value: $368,358
– 1-year price change: +0.9%
– 5-year price change: +61.9%
– Metro area: Huntsville, AL

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#20. Chelsea

– Typical home value: $374,533
– 1-year price change: +1.3%
– 5-year price change: +46.9%
– Metro area: Birmingham-Hoover, AL

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#19. Trussville

– Typical home value: $376,603
– 1-year price change: +2.8%
– 5-year price change: +47.9%
– Metro area: Birmingham-Hoover, AL

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#18. Spanish Fort

– Typical home value: $382,035
– 1-year price change: +2.9%
– 5-year price change: +51.6%
– Metro area: Daphne-Fairhope-Foley, AL

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#17. Arley

– Typical home value: $391,072
– 1-year price change: +5.4%
– 5-year price change: +62.5%
– Metro area: not in a metro area

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#16. Pike Road

– Typical home value: $393,662
– 1-year price change: +3.3%
– 5-year price change: +33.9%
– Metro area: Montgomery, AL

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#15. Owens Cross Roads

– Typical home value: $417,782
– 1-year price change: +0.4%
– 5-year price change: +58.1%
– Metro area: Huntsville, AL

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#14. Hoover

– Typical home value: $418,701
– 1-year price change: +2.8%
– 5-year price change: +44.1%
– Metro area: Birmingham-Hoover, AL

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#13. Dadeville

– Typical home value: $420,373
– 1-year price change: +1.8%
– 5-year price change: +75.2%
– Metro area: Alexander City, AL

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#12. Crane Hill

– Typical home value: $423,322
– 1-year price change: +1.5%
– 5-year price change: +63.0%
– Metro area: Cullman, AL

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#11. Gulf Shores

– Typical home value: $438,998
– 1-year price change: +0.7%
– 5-year price change: +82.0%
– Metro area: Daphne-Fairhope-Foley, AL

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#10. Fairhope

– Typical home value: $452,769
– 1-year price change: +4.3%
– 5-year price change: +67.8%
– Metro area: Daphne-Fairhope-Foley, AL

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#9. Dauphin Island

– Typical home value: $464,374
– 1-year price change: +3.4%
– 5-year price change: +78.6%
– Metro area: Mobile, AL

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#8. Lake Purdy

– Typical home value: $464,424
– 1-year price change: +2.7%
– 5-year price change: +41.6%
– Metro area: Birmingham-Hoover, AL

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#7. Homewood

– Typical home value: $480,772
– 1-year price change: +4.4%
– 5-year price change: +54.4%
– Metro area: Birmingham-Hoover, AL

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#6. Jacksons Gap

– Typical home value: $491,050
– 1-year price change: +2.7%
– 5-year price change: +79.9%
– Metro area: Alexander City, AL

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#5. Indian Springs Village

– Typical home value: $497,232
– 1-year price change: +0.7%
– 5-year price change: +46.3%
– Metro area: Birmingham-Hoover, AL

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#4. Vestavia Hills

– Typical home value: $519,070
– 1-year price change: +2.9%
– 5-year price change: +41.2%
– Metro area: Birmingham-Hoover, AL

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#3. Orange Beach

– Typical home value: $637,180
– 1-year price change: +5.3%
– 5-year price change: +90.5%
– Metro area: Daphne-Fairhope-Foley, AL

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#2. Equality

– Typical home value: $654,375
– 1-year price change: +12.3%
– 5-year price change: +63.3%
– Metro area: Alexander City, AL

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#1. Mountain Brook

– Typical home value: $889,096
– 1-year price change: +4.3%
– 5-year price change: +51.2%
– Metro area: Birmingham-Hoover, AL