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 $355,696 in March, 4.6% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of May 2, the 30-year fixed mortgage rate sits at 7.22%.

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: $70,015
– 1-year price change: -4.6%
– 5-year price change: -2.4%

Stacker

#8. Anniston, AL

– Typical home value: $129,636
– 1-year price change: -2.3%
– 5-year price change: +22.7%

Stacker

#7. Saks, AL

– Typical home value: $133,380
– 1-year price change: +0.3%
– 5-year price change: +33.6%

Stacker

#6. Piedmont, AL

– Typical home value: $139,846
– 1-year price change: -3.3%
– 5-year price change: +27.2%

Stacker

#5. Weaver, AL

– Typical home value: $162,703
– 1-year price change: +3.6%
– 5-year price change: +35.0%

Stacker

#4. Oxford, AL

– Typical home value: $182,279
– 1-year price change: +1.1%
– 5-year price change: +34.8%

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#3. Ohatchee, AL

– Typical home value: $197,066
– 1-year price change: -3.4%
– 5-year price change: +13.7%

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#2. Alexandria, AL

– Typical home value: $198,102
– 1-year price change: +0.6%
– 5-year price change: +30.9%

Stacker

#1. Jacksonville, AL

– Typical home value: $198,389
– 1-year price change: +1.5%
– 5-year price change: +39.2%

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