Cities with the most expensive homes in the Birmingham 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 Birmingham metro area using data from Zillow. Charts show the monthly typical home value since January 2018.

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#30. Leeds, AL

– Typical home value: $239,984
– 1-year price change: +2.3%
– 5-year price change: +59.3%

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#29. Mount Olive, AL

– Typical home value: $246,970
– 1-year price change: +2.8%
– 5-year price change: +45.5%

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#28. Clay, AL

– Typical home value: $248,521
– 1-year price change: +0.2%
– 5-year price change: +52.7%

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#27. Ashville, AL

– Typical home value: $251,399
– 1-year price change: -1.1%
– 5-year price change: +46.0%

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#26. Calera, AL

– Typical home value: $251,479
– 1-year price change: +0.4%
– 5-year price change: +58.3%

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#25. Morris, AL

– Typical home value: $258,802
– 1-year price change: +3.3%
– 5-year price change: +52.0%

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#24. Moody, AL

– Typical home value: $260,443
– 1-year price change: -0.7%
– 5-year price change: +50.8%

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#23. Odenville, AL

– Typical home value: $262,310
– 1-year price change: -0.7%
– 5-year price change: +49.6%

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#22. Gardendale, AL

– Typical home value: $262,844
– 1-year price change: +1.4%
– 5-year price change: +49.0%

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#21. Harpersville, AL

– Typical home value: $263,400
– 1-year price change: +3.1%
– 5-year price change: +49.8%

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#20. Pell City, AL

– Typical home value: $268,476
– 1-year price change: -3.7%
– 5-year price change: +43.8%

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#19. Irondale, AL

– Typical home value: $272,759
– 1-year price change: +2.1%
– 5-year price change: +61.4%

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#18. Columbiana, AL

– Typical home value: $277,234
– 1-year price change: -0.3%
– 5-year price change: +51.9%

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#17. Kimberly, AL

– Typical home value: $285,605
– 1-year price change: +3.1%
– 5-year price change: +54.0%

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#16. Westover, AL

– Typical home value: $290,714
– 1-year price change: +1.6%
– 5-year price change: +52.4%

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#15. Alabaster, AL

– Typical home value: $292,643
– 1-year price change: -0.2%
– 5-year price change: +54.7%

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#14. Riverside, AL

– Typical home value: $300,938
– 1-year price change: -2.1%
– 5-year price change: +39.9%

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#13. Pelham, AL

– Typical home value: $304,749
– 1-year price change: +0.6%
– 5-year price change: +53.2%

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#12. Shelby, AL

– Typical home value: $311,966
– 1-year price change: +0.8%
– 5-year price change: +45.1%

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#11. Springville, AL

– Typical home value: $324,250
– 1-year price change: -1.2%
– 5-year price change: +43.8%

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#10. Wilsonville, AL

– Typical home value: $326,381
– 1-year price change: +0.1%
– 5-year price change: +46.1%

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#9. Helena, AL

– Typical home value: $348,418
– 1-year price change: +0.3%
– 5-year price change: +52.2%

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#8. Chelsea, AL

– Typical home value: $375,223
– 1-year price change: -0.8%
– 5-year price change: +45.9%

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#7. Trussville, AL

– Typical home value: $379,265
– 1-year price change: +1.6%
– 5-year price change: +44.5%

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#6. Hoover, AL

– Typical home value: $422,148
– 1-year price change: +1.6%
– 5-year price change: +41.5%

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#5. Lake Purdy, AL

– Typical home value: $480,106
– 1-year price change: +0.2%
– 5-year price change: +41.3%

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#4. Homewood, AL

– Typical home value: $502,784
– 1-year price change: +3.0%
– 5-year price change: +42.8%

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#3. Indian Springs Village, AL

– Typical home value: $518,075
– 1-year price change: -0.8%
– 5-year price change: +41.8%

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#2. Vestavia Hills, AL

– Typical home value: $520,735
– 1-year price change: +3.7%
– 5-year price change: +39.3%

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#1. Mountain Brook, AL

– Typical home value: $890,787
– 1-year price change: +4.1%
– 5-year price change: +46.4%

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