Cities with the fastest-growing home prices in Alabama
Published 4:33 pm Wednesday, May 29, 2024
Cities with the fastest-growing home prices in Alabama
The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.
The typical home value in the United States was $359,402 in April, 4.4% higher than the year before.
Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.
Stacker compiled a list of cities with the fastest-growing home prices in Alabama using data from Zillow. Cities are ranked by the dollar change in the Zillow Home Values Index for all homes from the 12 months ending April 2024. The charts in this story were created automatically using Matplotlib. Data was available for 50 cities and towns in Alabama.
Stacker
#50. Grant
– Typical home value: $261,778
– 1-year price change: +$11,284 (+4.5%)
– 5-year price change: +$93,335 (+55.4%)
– Metro area: Albertville, AL
Stacker
#49. Bremen
– Typical home value: $268,744
– 1-year price change: +$11,403 (+4.4%)
– 5-year price change: +$80,466 (+42.7%)
– Metro area: Cullman, AL
Stacker
#48. Rehobeth
– Typical home value: $260,764
– 1-year price change: +$11,490 (+4.6%)
– 5-year price change: +$83,056 (+46.7%)
– Metro area: Dothan, AL
Stacker
#47. Deatsville
– Typical home value: $275,860
– 1-year price change: +$11,520 (+4.4%)
– 5-year price change: +$80,870 (+41.5%)
– Metro area: Montgomery, AL
Stacker
#46. Hartselle
– Typical home value: $240,366
– 1-year price change: +$11,677 (+5.1%)
– 5-year price change: +$77,256 (+47.4%)
– Metro area: Decatur, AL
Stacker
#45. Opelika
– Typical home value: $281,269
– 1-year price change: +$11,698 (+4.3%)
– 5-year price change: +$80,977 (+40.4%)
– Metro area: Auburn-Opelika, AL
Stacker
#44. Rainbow City
– Typical home value: $240,208
– 1-year price change: +$11,818 (+5.2%)
– 5-year price change: +$82,047 (+51.9%)
– Metro area: Gadsden, AL
Stacker
#43. Phenix City
– Typical home value: $191,736
– 1-year price change: +$11,871 (+6.6%)
– 5-year price change: +$65,816 (+52.3%)
– Metro area: Columbus, GA-AL
Stacker
#42. Loxley
– Typical home value: $292,397
– 1-year price change: +$12,006 (+4.3%)
– 5-year price change: +$110,892 (+61.1%)
– Metro area: Daphne-Fairhope-Foley, AL
Stacker
#41. Priceville
– Typical home value: $307,217
– 1-year price change: +$12,045 (+4.1%)
– 5-year price change: +$109,250 (+55.2%)
– Metro area: Decatur, AL
Stacker
#40. Cowarts
– Typical home value: $169,382
– 1-year price change: +$12,177 (+7.7%)
– 5-year price change: +$60,329 (+55.3%)
– Metro area: Dothan, AL
Stacker
#39. Arley
– Typical home value: $457,009
– 1-year price change: +$12,255 (+2.8%)
– 5-year price change: +$158,174 (+52.9%)
– Metro area: not in a metro area
Stacker
#38. Midland City
– Typical home value: $190,653
– 1-year price change: +$12,302 (+6.9%)
– 5-year price change: +$62,166 (+48.4%)
– Metro area: Ozark, AL
Stacker
#37. Elberta
– Typical home value: $340,964
– 1-year price change: +$12,487 (+3.8%)
– 5-year price change: +$138,077 (+68.1%)
– Metro area: Daphne-Fairhope-Foley, AL
Stacker
#36. Robertsdale
– Typical home value: $267,471
– 1-year price change: +$12,491 (+4.9%)
– 5-year price change: +$106,445 (+66.1%)
– Metro area: Daphne-Fairhope-Foley, AL
Stacker
#35. Rogersville
– Typical home value: $244,618
– 1-year price change: +$12,629 (+5.4%)
– 5-year price change: +$89,361 (+57.6%)
– Metro area: Florence-Muscle Shoals, AL
Stacker
#34. Smiths Station
– Typical home value: $268,106
– 1-year price change: +$12,664 (+5.0%)
– 5-year price change: +$74,544 (+38.5%)
– Metro area: Auburn-Opelika, AL
Stacker
#33. Elkmont
– Typical home value: $258,502
– 1-year price change: +$12,735 (+5.2%)
– 5-year price change: +$105,100 (+68.5%)
– Metro area: Huntsville, AL
Stacker
#32. Tuscumbia
– Typical home value: $187,462
– 1-year price change: +$12,739 (+7.3%)
– 5-year price change: +$61,267 (+48.5%)
– Metro area: Florence-Muscle Shoals, AL
Stacker
#31. Lillian
– Typical home value: $308,983
– 1-year price change: +$12,997 (+4.4%)
– 5-year price change: +$130,356 (+73.0%)
– Metro area: Daphne-Fairhope-Foley, AL
Stacker
#30. Fairhope
– Typical home value: $463,037
– 1-year price change: +$13,031 (+2.9%)
– 5-year price change: +$164,290 (+55.0%)
– Metro area: Daphne-Fairhope-Foley, AL
Stacker
#29. Leighton
– Typical home value: $148,787
– 1-year price change: +$13,104 (+9.7%)
– 5-year price change: +$45,832 (+44.5%)
– Metro area: Florence-Muscle Shoals, AL
Stacker
#28. Satsuma
– Typical home value: $236,035
– 1-year price change: +$13,296 (+6.0%)
– 5-year price change: +$84,086 (+55.3%)
– Metro area: Mobile, AL
Stacker
#27. Sheffield
– Typical home value: $124,225
– 1-year price change: +$13,366 (+12.1%)
– 5-year price change: +$45,437 (+57.7%)
– Metro area: Florence-Muscle Shoals, AL
Stacker
#26. Waverly
– Typical home value: $346,817
– 1-year price change: +$13,462 (+4.0%)
– 5-year price change: +$116,627 (+50.7%)
– Metro area: LaGrange, GA-AL
Stacker
#25. Muscle Shoals
– Typical home value: $246,684
– 1-year price change: +$14,205 (+6.1%)
– 5-year price change: +$84,533 (+52.1%)
– Metro area: Florence-Muscle Shoals, AL
Stacker
#24. Hoover
– Typical home value: $421,784
– 1-year price change: +$14,610 (+3.6%)
– 5-year price change: +$118,236 (+39.0%)
– Metro area: Birmingham-Hoover, AL
Stacker
#23. Mentone
– Typical home value: $300,373
– 1-year price change: +$14,752 (+5.2%)
– 5-year price change: +$116,215 (+63.1%)
– Metro area: Fort Payne, AL
Stacker
#22. Guntersville
– Typical home value: $284,218
– 1-year price change: +$14,783 (+5.5%)
– 5-year price change: +$104,162 (+57.8%)
– Metro area: Albertville, AL
Stacker
#21. Salem
– Typical home value: $300,585
– 1-year price change: +$14,849 (+5.2%)
– 5-year price change: +$96,772 (+47.5%)
– Metro area: Auburn-Opelika, AL
Stacker
#20. Dadeville
– Typical home value: $465,313
– 1-year price change: +$16,296 (+3.6%)
– 5-year price change: +$168,128 (+56.6%)
– Metro area: Alexander City, AL
Stacker
#19. Saraland
– Typical home value: $229,267
– 1-year price change: +$16,317 (+7.7%)
– 5-year price change: +$77,267 (+50.8%)
– Metro area: Mobile, AL
Stacker
#18. Level Plains
– Typical home value: $207,023
– 1-year price change: +$16,387 (+8.6%)
– 5-year price change: +$66,246 (+47.1%)
– Metro area: Ozark, AL
Stacker
#17. Seminole
– Typical home value: $307,953
– 1-year price change: +$16,669 (+5.7%)
– 5-year price change: +$122,984 (+66.5%)
– Metro area: Daphne-Fairhope-Foley, AL
Stacker
#16. Titus
– Typical home value: $302,674
– 1-year price change: +$17,028 (+6.0%)
– 5-year price change: +$92,571 (+44.1%)
– Metro area: Montgomery, AL
Stacker
#15. Lake Purdy
– Typical home value: $470,208
– 1-year price change: +$17,459 (+3.9%)
– 5-year price change: +$132,621 (+39.3%)
– Metro area: Birmingham-Hoover, AL
Stacker
#14. Southside
– Typical home value: $262,917
– 1-year price change: +$17,705 (+7.2%)
– 5-year price change: +$94,346 (+56.0%)
– Metro area: Gadsden, AL
Stacker
#13. Stapleton
– Typical home value: $323,787
– 1-year price change: +$17,875 (+5.8%)
– 5-year price change: +$127,521 (+65.0%)
– Metro area: Daphne-Fairhope-Foley, AL
Stacker
#12. Sardis City
– Typical home value: $229,795
– 1-year price change: +$17,984 (+8.5%)
– 5-year price change: +$89,980 (+64.4%)
– Metro area: Gadsden, AL
Stacker
#11. Shelby
– Typical home value: $330,341
– 1-year price change: +$18,760 (+6.0%)
– 5-year price change: +$96,691 (+41.4%)
– Metro area: Birmingham-Hoover, AL
Stacker
#10. Wilsonville
– Typical home value: $336,874
– 1-year price change: +$19,610 (+6.2%)
– 5-year price change: +$99,733 (+42.1%)
– Metro area: Birmingham-Hoover, AL
Stacker
#9. Auburn
– Typical home value: $368,817
– 1-year price change: +$20,844 (+6.0%)
– 5-year price change: +$107,226 (+41.0%)
– Metro area: Auburn-Opelika, AL
Stacker
#8. Vestavia Hills
– Typical home value: $557,639
– 1-year price change: +$23,248 (+4.4%)
– 5-year price change: +$145,299 (+35.2%)
– Metro area: Birmingham-Hoover, AL
Stacker
#7. Eclectic
– Typical home value: $370,186
– 1-year price change: +$23,912 (+6.9%)
– 5-year price change: +$114,828 (+45.0%)
– Metro area: Montgomery, AL
Stacker
#6. Langston
– Typical home value: $349,689
– 1-year price change: +$27,054 (+8.4%)
– 5-year price change: +$114,288 (+48.6%)
– Metro area: Albertville, AL
Stacker
#5. Crane Hill
– Typical home value: $522,288
– 1-year price change: +$32,107 (+6.6%)
– 5-year price change: +$183,202 (+54.0%)
– Metro area: Cullman, AL
Stacker
#4. Mountain Brook
– Typical home value: $793,729
– 1-year price change: +$34,508 (+4.5%)
– 5-year price change: +$234,426 (+41.9%)
– Metro area: Birmingham-Hoover, AL
Stacker
#3. Indian Springs Village
– Typical home value: $548,404
– 1-year price change: +$39,353 (+7.7%)
– 5-year price change: +$164,504 (+42.9%)
– Metro area: Birmingham-Hoover, AL
Stacker
#2. Jacksons Gap
– Typical home value: $569,211
– 1-year price change: +$47,827 (+9.2%)
– 5-year price change: +$245,215 (+75.7%)
– Metro area: Alexander City, AL
Stacker
#1. Equality
– Typical home value: $783,586
– 1-year price change: +$95,938 (+14.0%)
– 5-year price change: +$306,287 (+64.2%)
– Metro area: Alexander City, AL
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 50 states.