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 $362,143 in August, 2.5% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 19, the 30-year fixed mortgage rate sits at 6.09%.

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.

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#9. West End-Cobb Town, AL

– Typical home value: $70,364
– 1-year price change: +10.0%
– 5-year price change: +4.9%

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#8. Anniston, AL

– Typical home value: $128,089
– 1-year price change: +1.9%
– 5-year price change: +25.3%

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#7. Saks, AL

– Typical home value: $138,129
– 1-year price change: +6.6%
– 5-year price change: +35.0%

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#6. Piedmont, AL

– Typical home value: $139,812
– 1-year price change: +0.5%
– 5-year price change: +26.3%

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#5. Weaver, AL

– Typical home value: $164,337
– 1-year price change: +3.9%
– 5-year price change: +33.9%

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#4. Oxford, AL

– Typical home value: $184,124
– 1-year price change: +2.6%
– 5-year price change: +34.8%

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#3. Ohatchee, AL

– Typical home value: $192,376
– 1-year price change: -3.0%
– 5-year price change: +14.0%

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#2. Jacksonville, AL

– Typical home value: $200,171
– 1-year price change: +3.1%
– 5-year price change: +36.7%

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#1. Alexandria, AL

– Typical home value: $200,311
– 1-year price change: +2.1%
– 5-year price change: +30.6%