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 $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 Daphne using data from Zillow. Charts show the monthly typical home value since January 2018.

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#17. Perdido, AL

– Typical home value: $200,435
– 1-year price change: +3.5%
– 5-year price change: +58.9%

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#16. Bay Minette, AL

– Typical home value: $211,186
– 1-year price change: +3.2%
– 5-year price change: +63.8%

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#15. Stockton, AL

– Typical home value: $247,489
– 1-year price change: +3.2%
– 5-year price change: +65.8%

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#14. Robertsdale, AL

– Typical home value: $264,486
– 1-year price change: +5.3%
– 5-year price change: +68.3%

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#13. Summerdale, AL

– Typical home value: $277,779
– 1-year price change: +4.1%
– 5-year price change: +61.3%

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#12. Loxley, AL

– Typical home value: $283,887
– 1-year price change: +3.3%
– 5-year price change: +62.5%

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#11. Silverhill, AL

– Typical home value: $284,321
– 1-year price change: +2.9%
– 5-year price change: +62.6%

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#10. Foley, AL

– Typical home value: $295,713
– 1-year price change: +2.6%
– 5-year price change: +63.4%

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#9. Seminole, AL

– Typical home value: $305,831
– 1-year price change: +7.1%
– 5-year price change: +67.9%

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#8. Lillian, AL

– Typical home value: $306,363
– 1-year price change: +5.6%
– 5-year price change: +80.2%

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#7. Daphne, AL

– Typical home value: $317,499
– 1-year price change: +2.6%
– 5-year price change: +52.3%

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#6. Stapleton, AL

– Typical home value: $319,344
– 1-year price change: +5.9%
– 5-year price change: +65.0%

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#5. Elberta, AL

– Typical home value: $340,553
– 1-year price change: +3.8%
– 5-year price change: +69.8%

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#4. Spanish Fort, AL

– Typical home value: $387,185
– 1-year price change: +1.3%
– 5-year price change: +48.4%

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#3. Fairhope, AL

– Typical home value: $466,065
– 1-year price change: +3.6%
– 5-year price change: +58.4%

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#2. Gulf Shores, AL

– Typical home value: $474,615
– 1-year price change: +2.1%
– 5-year price change: +65.3%

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#1. Orange Beach, AL

– Typical home value: $711,869
– 1-year price change: -0.1%
– 5-year price change: +62.9%

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