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 $350,091 in September, 2.1% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of Oct. 19, the 30-year fixed mortgage rate sits at 7.63%. 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 using data from Zillow. Charts show the monthly typical home value since January 2018.

Stacker

#9. West End-Cobb Town, AL

– Typical home value: $62,035
– 1-year price change: -12.0%
– 5-year price change: -9.8%

Stacker

#8. Anniston, AL

– Typical home value: $127,732
– 1-year price change: -2.1%
– 5-year price change: +26.0%

Stacker

#7. Saks, AL

– Typical home value: $131,005
– 1-year price change: -4.1%
– 5-year price change: +33.6%

Stacker

#6. Piedmont, AL

– Typical home value: $141,440
– 1-year price change: -3.4%
– 5-year price change: +37.0%

Stacker

#5. Weaver, AL

– Typical home value: $158,795
– 1-year price change: +1.8%
– 5-year price change: +37.1%

Stacker

#4. Oxford, AL

– Typical home value: $181,219
– 1-year price change: +0.7%
– 5-year price change: +39.1%

Stacker

#3. Jacksonville, AL

– Typical home value: $196,975
– 1-year price change: +1.7%
– 5-year price change: +41.7%

Stacker

#2. Alexandria, AL

– Typical home value: $197,413
– 1-year price change: -0.6%
– 5-year price change: +35.2%

Stacker

#1. Ohatchee, AL

– Typical home value: $204,770
– 1-year price change: -3.0%
– 5-year price change: +22.8%

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