Cities with the fastest-growing home prices in the Birmingham metro area
Published 3:35 pm Wednesday, September 27, 2023
Cities with the fastest-growing home prices in the Birmingham metro area
The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.
The typical home value in the United States was a record $351,423 in August, 1.3% higher than the year before.
Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.
Stacker compiled a list of cities with the fastest-growing home prices in the Birmingham-Hoover, AL metro area using data from Zillow. Cities are ranked by their one-year price change as of August 2023. Data was available for 78 cities and towns.
Stacker
#30. Helena, AL
– 1-year price change: +$951 (+0.3%)
– 5-year price change: +$119,470 (+52.2%)
– Typical home value: $348,418 (#9 most expensive city in metro)
Stacker
#29. Hayden, AL
– 1-year price change: +$1,025 (+0.4%)
– 5-year price change: +$73,988 (+46.5%)
– Typical home value: $232,972 (#32 most expensive city in metro)
Stacker
#28. Pleasant Grove, AL
– 1-year price change: +$1,032 (+0.5%)
– 5-year price change: +$84,709 (+58.4%)
– Typical home value: $229,635 (#35 most expensive city in metro)
Stacker
#27. Calera, AL
– 1-year price change: +$1,082 (+0.4%)
– 5-year price change: +$92,652 (+58.3%)
– Typical home value: $251,479 (#26 most expensive city in metro)
Stacker
#26. Lake Purdy, AL
– 1-year price change: +$1,123 (+0.2%)
– 5-year price change: +$140,250 (+41.3%)
– Typical home value: $480,106 (#5 most expensive city in metro)
Stacker
#25. Pelham, AL
– 1-year price change: +$1,712 (+0.6%)
– 5-year price change: +$105,785 (+53.2%)
– Typical home value: $304,749 (#13 most expensive city in metro)
Stacker
#24. Pinson, AL
– 1-year price change: +$1,859 (+0.9%)
– 5-year price change: +$76,614 (+56.5%)
– Typical home value: $212,286 (#42 most expensive city in metro)
Stacker
#23. Maytown, AL
– 1-year price change: +$1,915 (+1.8%)
– 5-year price change: +$46,354 (+75.3%)
– Typical home value: $107,913 (#67 most expensive city in metro)
Stacker
#22. Shelby, AL
– 1-year price change: +$2,556 (+0.8%)
– 5-year price change: +$97,009 (+45.1%)
– Typical home value: $311,966 (#12 most expensive city in metro)
Stacker
#21. Fultondale, AL
– 1-year price change: +$3,252 (+1.5%)
– 5-year price change: +$76,224 (+50.9%)
– Typical home value: $225,998 (#37 most expensive city in metro)
Stacker
#20. Rock Creek, AL
– 1-year price change: +$3,264 (+1.7%)
– 5-year price change: +$67,498 (+52.8%)
– Typical home value: $195,448 (#49 most expensive city in metro)
Stacker
#19. Jemison, AL
– 1-year price change: +$3,349 (+1.6%)
– 5-year price change: +$75,238 (+52.8%)
– Typical home value: $217,714 (#39 most expensive city in metro)
Stacker
#18. Gardendale, AL
– 1-year price change: +$3,526 (+1.4%)
– 5-year price change: +$86,414 (+49.0%)
– Typical home value: $262,844 (#22 most expensive city in metro)
Stacker
#17. Woodstock, AL
– 1-year price change: +$3,742 (+1.8%)
– 5-year price change: +$68,158 (+46.7%)
– Typical home value: $214,062 (#40 most expensive city in metro)
Stacker
#16. Warrior, AL
– 1-year price change: +$3,796 (+1.7%)
– 5-year price change: +$78,750 (+50.8%)
– Typical home value: $233,812 (#31 most expensive city in metro)
Stacker
#15. Grayson Valley, AL
– 1-year price change: +$4,135 (+2.3%)
– 5-year price change: +$68,283 (+60.0%)
– Typical home value: $182,072 (#54 most expensive city in metro)
Stacker
#14. Sylvan Springs, AL
– 1-year price change: +$4,374 (+2.1%)
– 5-year price change: +$71,479 (+50.7%)
– Typical home value: $212,357 (#41 most expensive city in metro)
Stacker
#13. Westover, AL
– 1-year price change: +$4,717 (+1.6%)
– 5-year price change: +$100,001 (+52.4%)
– Typical home value: $290,714 (#16 most expensive city in metro)
Stacker
#12. Concord, AL
– 1-year price change: +$5,114 (+2.8%)
– 5-year price change: +$67,817 (+55.6%)
– Typical home value: $189,824 (#51 most expensive city in metro)
Stacker
#11. Leeds, AL
– 1-year price change: +$5,471 (+2.3%)
– 5-year price change: +$89,365 (+59.3%)
– Typical home value: $239,984 (#30 most expensive city in metro)
Stacker
#10. Irondale, AL
– 1-year price change: +$5,629 (+2.1%)
– 5-year price change: +$103,781 (+61.4%)
– Typical home value: $272,759 (#19 most expensive city in metro)
Stacker
#9. Trussville, AL
– 1-year price change: +$5,937 (+1.6%)
– 5-year price change: +$116,749 (+44.5%)
– Typical home value: $379,265 (#7 most expensive city in metro)
Stacker
#8. Hoover, AL
– 1-year price change: +$6,746 (+1.6%)
– 5-year price change: +$123,812 (+41.5%)
– Typical home value: $422,148 (#6 most expensive city in metro)
Stacker
#7. Mount Olive, AL
– 1-year price change: +$6,764 (+2.8%)
– 5-year price change: +$77,207 (+45.5%)
– Typical home value: $246,970 (#29 most expensive city in metro)
Stacker
#6. Harpersville, AL
– 1-year price change: +$7,960 (+3.1%)
– 5-year price change: +$87,611 (+49.8%)
– Typical home value: $263,400 (#21 most expensive city in metro)
Stacker
#5. Morris, AL
– 1-year price change: +$8,300 (+3.3%)
– 5-year price change: +$88,564 (+52.0%)
– Typical home value: $258,802 (#25 most expensive city in metro)
Stacker
#4. Kimberly, AL
– 1-year price change: +$8,630 (+3.1%)
– 5-year price change: +$100,160 (+54.0%)
– Typical home value: $285,605 (#17 most expensive city in metro)
Stacker
#3. Homewood, AL
– 1-year price change: +$14,847 (+3.0%)
– 5-year price change: +$150,792 (+42.8%)
– Typical home value: $502,784 (#4 most expensive city in metro)
Stacker
#2. Vestavia Hills, AL
– 1-year price change: +$18,666 (+3.7%)
– 5-year price change: +$146,885 (+39.3%)
– Typical home value: $520,735 (#2 most expensive city in metro)
Stacker
#1. Mountain Brook, AL
– 1-year price change: +$34,932 (+4.1%)
– 5-year price change: +$282,285 (+46.4%)
– Typical home value: $890,787 (#1 most expensive city in metro)