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

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#20. Slocomb, AL

– Typical home value: $117,576
– 1-year price change: -2.2%
– 5-year price change: +32.5%

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#19. Geneva, AL

– Typical home value: $125,908
– 1-year price change: -3.1%
– 5-year price change: +31.6%

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#18. Samson, AL

– Typical home value: $128,019
– 1-year price change: -2.6%
– 5-year price change: +27.0%

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#17. Kinsey, AL

– Typical home value: $131,797
– 1-year price change: +0.9%
– 5-year price change: +45.8%

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#16. Abbeville, AL

– Typical home value: $143,493
– 1-year price change: -1.2%
– 5-year price change: +24.5%

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#15. Cottonwood, AL

– Typical home value: $144,152
– 1-year price change: +0.8%
– 5-year price change: +39.9%

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#14. Columbia, AL

– Typical home value: $144,621
– 1-year price change: -2.9%
– 5-year price change: +33.6%

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#13. Webb, AL

– Typical home value: $145,114
– 1-year price change: -2.5%
– 5-year price change: +33.3%

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#12. Newville, AL

– Typical home value: $146,629
– 1-year price change: -1.8%
– 5-year price change: +32.5%

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#11. Hartford, AL

– Typical home value: $156,420
– 1-year price change: -0.7%
– 5-year price change: +41.6%

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#10. Taylor, AL

– Typical home value: $158,266
– 1-year price change: +4.5%
– 5-year price change: +50.8%

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#9. Cowarts, AL

– Typical home value: $160,875
– 1-year price change: +5.7%
– 5-year price change: +52.9%

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#8. Ashford, AL

– Typical home value: $161,226
– 1-year price change: +3.7%
– 5-year price change: +52.8%

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#7. Coffee Springs, AL

– Typical home value: $161,243
– 1-year price change: +1.1%
– 5-year price change: +35.1%

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#6. Malvern, AL

– Typical home value: $180,827
– 1-year price change: +0.4%
– 5-year price change: +34.0%

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#5. Dothan, AL

– Typical home value: $185,236
– 1-year price change: +2.7%
– 5-year price change: +41.5%

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#4. Chancellor, AL

– Typical home value: $204,297
– 1-year price change: +1.5%
– 5-year price change: +34.8%

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#3. Headland, AL

– Typical home value: $205,209
– 1-year price change: +0.1%
– 5-year price change: +32.8%

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#2. Newton, AL

– Typical home value: $224,076
– 1-year price change: +2.4%
– 5-year price change: +45.0%

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#1. Rehobeth, AL

– Typical home value: $252,869
– 1-year price change: +2.6%
– 5-year price change: +44.6%

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