Cities with the most expensive homes in the Anniston 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.

The typical home value in the United States was a record $351,423 in August, 1.3% higher than the year before. High mortgage rates are also making monthly payments more expensive; as of Sept. 21, the 30-year fixed mortgage rate sits at 7.19%.

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 Anniston metro area using data from Zillow. Charts show the monthly typical home value since January 2018.

Stacker

#9. West End-Cobb Town, AL

– Typical home value: $64,526
– 1-year price change: -10.3%
– 5-year price change: -8.5%

Stacker

#8. Anniston, AL

– Typical home value: $126,492
– 1-year price change: -1.6%
– 5-year price change: +27.2%

Stacker

#7. Saks, AL

– Typical home value: $132,165
– 1-year price change: -3.6%
– 5-year price change: +35.2%

Stacker

#6. Piedmont, AL

– Typical home value: $140,400
– 1-year price change: -2.8%
– 5-year price change: +38.5%

Stacker

#5. Weaver, AL

– Typical home value: $160,706
– 1-year price change: +1.9%
– 5-year price change: +38.1%

Stacker

#4. Oxford, AL

– Typical home value: $180,414
– 1-year price change: +1.2%
– 5-year price change: +40.5%

Stacker

#3. Jacksonville, AL

– Typical home value: $196,329
– 1-year price change: +2.0%
– 5-year price change: +42.3%

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#2. Alexandria, AL

– Typical home value: $198,432
– 1-year price change: -0.2%
– 5-year price change: +36.5%

Stacker

#1. Ohatchee, AL

– Typical home value: $203,545
– 1-year price change: -3.2%
– 5-year price change: +23.7%

This story features data reporting and writing by Elena Cox, and is part of a series utilizing data automation across 379 metros.