Cities with the most expensive homes in the Anniston metro area
Published 6:25 pm Friday, January 26, 2024
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%
Stacker
#4. Oxford, AL
– Typical home value: $175,205
– 1-year price change: +0.6%
– 5-year price change: +37.2%
Stacker
#3. Ohatchee, AL
– Typical home value: $188,600
– 1-year price change: -1.3%
– 5-year price change: +20.0%
Stacker
#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.