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

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#17. Perdido, AL

– Typical home value: $193,909
– 1-year price change: +3.6%
– 5-year price change: +60.6%

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#16. Bay Minette, AL

– Typical home value: $212,564
– 1-year price change: +3.4%
– 5-year price change: +64.9%

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#15. Stockton, AL

– Typical home value: $242,899
– 1-year price change: +2.7%
– 5-year price change: +66.4%

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#14. Robertsdale, AL

– Typical home value: $262,501
– 1-year price change: +5.1%
– 5-year price change: +68.2%

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#13. Summerdale, AL

– Typical home value: $282,475
– 1-year price change: +4.3%
– 5-year price change: +62.0%

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#12. Silverhill, AL

– Typical home value: $283,543
– 1-year price change: +2.6%
– 5-year price change: +63.0%

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#11. Loxley, AL

– Typical home value: $285,303
– 1-year price change: +3.6%
– 5-year price change: +62.9%

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#10. Foley, AL

– Typical home value: $295,872
– 1-year price change: +2.9%
– 5-year price change: +63.7%

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#9. Lillian, AL

– Typical home value: $304,238
– 1-year price change: +5.7%
– 5-year price change: +80.0%

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#8. Seminole, AL

– Typical home value: $305,546
– 1-year price change: +7.0%
– 5-year price change: +66.8%

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#7. Daphne, AL

– Typical home value: $316,689
– 1-year price change: +2.9%
– 5-year price change: +52.8%

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#6. Stapleton, AL

– Typical home value: $316,874
– 1-year price change: +5.5%
– 5-year price change: +65.5%

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#5. Elberta, AL

– Typical home value: $341,422
– 1-year price change: +3.7%
– 5-year price change: +69.8%

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#4. Spanish Fort, AL

– Typical home value: $386,445
– 1-year price change: +1.5%
– 5-year price change: +49.1%

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#3. Fairhope, AL

– Typical home value: $461,041
– 1-year price change: +3.8%
– 5-year price change: +59.0%

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#2. Gulf Shores, AL

– Typical home value: $471,417
– 1-year price change: +1.6%
– 5-year price change: +66.4%

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#1. Orange Beach, AL

– Typical home value: $707,039
– 1-year price change: -0.3%
– 5-year price change: +65.1%

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