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 $344,000 in December, 3.6% lower than the year before, but in line with seasonal trends.

High mortgage rates are also making monthly payments more expensive; as of Jan. 25, the 30-year fixed mortgage rate sits at 6.69%.

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 metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 9 cities and towns with data available were included in the list.

Stacker

#9. West End-Cobb Town, AL

– Typical home value: $57,841
– 1-year price change: -9.6%
– 5-year price change: -7.9%

Stacker

#8. Anniston, AL

– Typical home value: $122,330
– 1-year price change: -2.5%
– 5-year price change: +25.2%

Stacker

#7. Saks, AL

– Typical home value: $127,691
– 1-year price change: -2.1%
– 5-year price change: +33.7%

Stacker

#6. Piedmont, AL

– Typical home value: $131,783
– 1-year price change: -2.8%
– 5-year price change: +36.5%

Stacker

#5. Weaver, AL

– Typical home value: $155,376
– 1-year price change: +3.2%
– 5-year price change: +37.8%

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#4. Oxford, AL

– Typical home value: $175,205
– 1-year price change: +0.6%
– 5-year price change: +37.2%

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#3. Ohatchee, AL

– Typical home value: $188,600
– 1-year price change: -1.3%
– 5-year price change: +20.0%

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#2. Alexandria, AL

– Typical home value: $190,119
– 1-year price change: +0.1%
– 5-year price change: +33.7%

Stacker

#1. Jacksonville, AL

– Typical home value: $190,337
– 1-year price change: +1.9%
– 5-year price change: +42.6%

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