Cities with the fastest-growing home prices in Alabama

Published 9:05 pm Thursday, August 22, 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 $360,974 in June, 3.2% 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 June 2024. The charts in this story were created automatically using Matplotlib. Data was available for 50 cities and towns in Alabama.

You may also like: Counties with the lowest cost of living in Alabama


Stacker

#50. Childersburg

– Typical home value: $171,448
– 1-year price change: +$10,350 (+6.4%)
– 5-year price change: +$64,506 (+60.3%)
– Metro area: Talladega-Sylacauga, AL

Stacker

#49. Vincent

– Typical home value: $247,956
– 1-year price change: +$10,372 (+4.4%)
– 5-year price change: +$65,778 (+36.1%)
– Metro area: Birmingham-Hoover, AL

Stacker

#48. Billingsley

– Typical home value: $208,361
– 1-year price change: +$10,386 (+5.2%)
– 5-year price change: +$51,163 (+32.5%)
– Metro area: Montgomery, AL

Stacker

#47. Avon

– Typical home value: $190,201
– 1-year price change: +$10,389 (+5.8%)
– 5-year price change: data not available
– Metro area: Dothan, AL

Stacker

#46. Hokes Bluff

– Typical home value: $210,571
– 1-year price change: +$10,421 (+5.2%)
– 5-year price change: +$66,741 (+46.4%)
– Metro area: Gadsden, AL

You may also like: Alabama ranks #17 in mental health care deserts

Stacker

#45. Daleville

– Typical home value: $148,439
– 1-year price change: +$10,429 (+7.6%)
– 5-year price change: +$48,286 (+48.2%)
– Metro area: Ozark, AL

Stacker

#44. Tuscumbia

– Typical home value: $189,339
– 1-year price change: +$10,542 (+5.9%)
– 5-year price change: +$62,080 (+48.8%)
– Metro area: Florence-Muscle Shoals, AL

Stacker

#43. Pansey

– Typical home value: $161,249
– 1-year price change: +$10,953 (+7.3%)
– 5-year price change: data not available
– Metro area: Dothan, AL

Stacker

#42. Grant

– Typical home value: $269,467
– 1-year price change: +$10,954 (+4.2%)
– 5-year price change: +$96,955 (+56.2%)
– Metro area: Albertville, AL

Stacker

#41. Titus

– Typical home value: $305,898
– 1-year price change: +$11,007 (+3.7%)
– 5-year price change: +$94,487 (+44.7%)
– Metro area: Montgomery, AL

You may also like: The number of registered hunters in Alabama

Stacker

#40. Dadeville

– Typical home value: $472,919
– 1-year price change: +$11,306 (+2.4%)
– 5-year price change: +$173,426 (+57.9%)
– Metro area: Alexander City, AL

Stacker

#39. Hoover

– Typical home value: $423,589
– 1-year price change: +$11,324 (+2.7%)
– 5-year price change: +$119,127 (+39.1%)
– Metro area: Birmingham-Hoover, AL

Stacker

#38. Muscle Shoals

– Typical home value: $250,743
– 1-year price change: +$11,346 (+4.7%)
– 5-year price change: +$87,408 (+53.5%)
– Metro area: Florence-Muscle Shoals, AL

Stacker

#37. Rainbow City

– Typical home value: $245,177
– 1-year price change: +$11,354 (+4.9%)
– 5-year price change: +$83,594 (+51.7%)
– Metro area: Gadsden, AL

Stacker

#36. Leighton

– Typical home value: $153,270
– 1-year price change: +$11,577 (+8.2%)
– 5-year price change: +$47,621 (+45.1%)
– Metro area: Florence-Muscle Shoals, AL

You may also like: These 10 car insurers have the highest market share in Alabama

Stacker

#35. Rehobeth

– Typical home value: $268,746
– 1-year price change: +$11,618 (+4.5%)
– 5-year price change: +$86,818 (+47.7%)
– Metro area: Dothan, AL

Stacker

#34. Lake Purdy

– Typical home value: $472,439
– 1-year price change: +$11,681 (+2.5%)
– 5-year price change: +$133,400 (+39.3%)
– Metro area: Birmingham-Hoover, AL

Stacker

#33. Arley

– Typical home value: $451,973
– 1-year price change: +$11,691 (+2.7%)
– 5-year price change: +$159,563 (+54.6%)
– Metro area: not in a metro area

Stacker

#32. Union Grove

– Typical home value: $260,497
– 1-year price change: +$11,696 (+4.7%)
– 5-year price change: +$88,571 (+51.5%)
– Metro area: Albertville, AL

Stacker

#31. Delta

– Typical home value: $222,222
– 1-year price change: +$11,772 (+5.6%)
– 5-year price change: +$69,900 (+45.9%)
– Metro area: not in a metro area

You may also like: Where refugees in Alabama are arriving from

Stacker

#30. Ashford

– Typical home value: $171,913
– 1-year price change: +$11,868 (+7.4%)
– 5-year price change: +$61,702 (+56.0%)
– Metro area: Dothan, AL

Stacker

#29. Sheffield

– Typical home value: $127,412
– 1-year price change: +$11,933 (+10.3%)
– 5-year price change: +$46,696 (+57.9%)
– Metro area: Florence-Muscle Shoals, AL

Stacker

#28. Saraland

– Typical home value: $232,480
– 1-year price change: +$12,099 (+5.5%)
– 5-year price change: +$77,635 (+50.1%)
– Metro area: Mobile, AL

Stacker

#27. Cowarts

– Typical home value: $174,108
– 1-year price change: +$12,311 (+7.6%)
– 5-year price change: +$62,898 (+56.6%)
– Metro area: Dothan, AL

Stacker

#26. Glencoe

– Typical home value: $208,296
– 1-year price change: +$12,445 (+6.4%)
– 5-year price change: +$69,214 (+49.8%)
– Metro area: Gadsden, AL

You may also like: Counties with the most homes selling under list price in Alabama

Stacker

#25. Rogersville

– Typical home value: $249,811
– 1-year price change: +$12,631 (+5.3%)
– 5-year price change: +$93,197 (+59.5%)
– Metro area: Florence-Muscle Shoals, AL

Stacker

#24. Heflin

– Typical home value: $219,727
– 1-year price change: +$12,813 (+6.2%)
– 5-year price change: +$74,216 (+51.0%)
– Metro area: not in a metro area

Stacker

#23. Salem

– Typical home value: $308,029
– 1-year price change: +$13,059 (+4.4%)
– 5-year price change: +$97,672 (+46.4%)
– Metro area: Auburn-Opelika, AL

Stacker

#22. Laceys Spring

– Typical home value: $246,904
– 1-year price change: +$13,593 (+5.8%)
– 5-year price change: +$64,828 (+35.6%)
– Metro area: Decatur, AL

Stacker

#21. Newton

– Typical home value: $238,593
– 1-year price change: +$13,829 (+6.2%)
– 5-year price change: +$77,070 (+47.7%)
– Metro area: Dothan, AL

You may also like: Best beach towns on the Gulf Coast

Stacker

#20. Seminole

– Typical home value: $331,673
– 1-year price change: +$14,034 (+4.4%)
– 5-year price change: +$134,670 (+68.4%)
– Metro area: Daphne-Fairhope-Foley, AL

Stacker

#19. Gallant

– Typical home value: $220,160
– 1-year price change: +$14,138 (+6.9%)
– 5-year price change: +$59,214 (+36.8%)
– Metro area: Gadsden, AL

Stacker

#18. Vestavia Hills

– Typical home value: $561,758
– 1-year price change: +$14,593 (+2.7%)
– 5-year price change: +$146,941 (+35.4%)
– Metro area: Birmingham-Hoover, AL

Stacker

#17. Stapleton

– Typical home value: $347,892
– 1-year price change: +$14,702 (+4.4%)
– 5-year price change: +$140,276 (+67.6%)
– Metro area: Daphne-Fairhope-Foley, AL

Stacker

#16. Guntersville

– Typical home value: $295,430
– 1-year price change: +$14,814 (+5.3%)
– 5-year price change: +$109,006 (+58.5%)
– Metro area: Albertville, AL

You may also like: How syringe exchanges in Alabama reduce the spread of disease

Stacker

#15. Level Plains

– Typical home value: $210,410
– 1-year price change: +$15,166 (+7.8%)
– 5-year price change: +$68,136 (+47.9%)
– Metro area: Ozark, AL

Stacker

#14. Shelby

– Typical home value: $342,157
– 1-year price change: +$15,543 (+4.8%)
– 5-year price change: +$101,447 (+42.1%)
– Metro area: Birmingham-Hoover, AL

Stacker

#13. Mountain Brook

– Typical home value: $795,135
– 1-year price change: +$17,086 (+2.2%)
– 5-year price change: +$235,306 (+42.0%)
– Metro area: Birmingham-Hoover, AL

Stacker

#12. Wilsonville

– Typical home value: $343,124
– 1-year price change: +$17,763 (+5.5%)
– 5-year price change: +$100,143 (+41.2%)
– Metro area: Birmingham-Hoover, AL

Stacker

#11. Southside

– Typical home value: $269,385
– 1-year price change: +$17,809 (+7.1%)
– 5-year price change: +$97,299 (+56.5%)
– Metro area: Gadsden, AL

You may also like: How many people are receiving substance use treatment in Alabama

Stacker

#10. Auburn

– Typical home value: $375,910
– 1-year price change: +$18,054 (+5.0%)
– 5-year price change: +$108,876 (+40.8%)
– Metro area: Auburn-Opelika, AL

Stacker

#9. Mentone

– Typical home value: $313,635
– 1-year price change: +$18,836 (+6.4%)
– 5-year price change: +$121,677 (+63.4%)
– Metro area: Fort Payne, AL

Stacker

#8. Waverly

– Typical home value: $348,435
– 1-year price change: +$19,194 (+5.8%)
– 5-year price change: +$119,225 (+52.0%)
– Metro area: LaGrange, GA-AL

Stacker

#7. Sardis City

– Typical home value: $234,672
– 1-year price change: +$20,154 (+9.4%)
– 5-year price change: +$92,146 (+64.7%)
– Metro area: Gadsden, AL

Stacker

#6. Eclectic

– Typical home value: $394,402
– 1-year price change: +$23,072 (+6.2%)
– 5-year price change: +$123,804 (+45.8%)
– Metro area: Montgomery, AL

You may also like: Counties with the shortest life expectancy in Alabama

Stacker

#5. Crane Hill

– Typical home value: $530,102
– 1-year price change: +$29,149 (+5.8%)
– 5-year price change: +$189,669 (+55.7%)
– Metro area: Cullman, AL

Stacker

#4. Langston

– Typical home value: $357,282
– 1-year price change: +$33,687 (+10.4%)
– 5-year price change: +$121,673 (+51.6%)
– Metro area: Albertville, AL

Stacker

#3. Indian Springs Village

– Typical home value: $562,896
– 1-year price change: +$37,823 (+7.2%)
– 5-year price change: +$171,533 (+43.8%)
– Metro area: Birmingham-Hoover, AL

Stacker

#2. Jacksons Gap

– Typical home value: $572,257
– 1-year price change: +$43,966 (+8.3%)
– 5-year price change: +$246,586 (+75.7%)
– Metro area: Alexander City, AL

Stacker

#1. Equality

– Typical home value: $727,467
– 1-year price change: +$93,981 (+14.8%)
– 5-year price change: +$292,750 (+67.3%)
– 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.

You may also like: Best counties to live in Alabama