Cities with the fastest-growing home prices in Alabama
Published 5:31 pm Thursday, October 24, 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 $360,999 in September, 2.4% 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 September 2024. The charts in this story were created automatically using Matplotlib. Data was available for 50 cities and towns in Alabama.
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Stacker
#50. Union Springs
– Typical home value: $109,971
– 1-year price change: +$9,789 (+9.8%)
– 5-year price change: +$29,907 (+37.4%)
– Metro area: not in a metro area
Stacker
#49. Fort Payne
– Typical home value: $194,892
– 1-year price change: +$9,872 (+5.3%)
– 5-year price change: +$64,456 (+49.4%)
– Metro area: Fort Payne, AL
Stacker
#48. Riverside
– Typical home value: $312,115
– 1-year price change: +$10,010 (+3.3%)
– 5-year price change: +$88,255 (+39.4%)
– Metro area: Birmingham-Hoover, AL
Stacker
#47. Stapleton
– Typical home value: $338,836
– 1-year price change: +$10,227 (+3.1%)
– 5-year price change: +$131,590 (+63.5%)
– Metro area: Daphne-Fairhope-Foley, AL
Stacker
#46. Fort Mitchell
– Typical home value: $294,073
– 1-year price change: +$10,407 (+3.7%)
– 5-year price change: +$91,485 (+45.2%)
– Metro area: Columbus, GA-AL
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Stacker
#45. Groveoak
– Typical home value: $220,257
– 1-year price change: +$10,542 (+5.0%)
– 5-year price change: +$65,979 (+42.8%)
– Metro area: Fort Payne, AL
Stacker
#44. Trinity
– Typical home value: $243,793
– 1-year price change: +$10,699 (+4.6%)
– 5-year price change: +$73,814 (+43.4%)
– Metro area: Decatur, AL
Stacker
#43. Killen
– Typical home value: $263,753
– 1-year price change: +$10,731 (+4.2%)
– 5-year price change: +$95,690 (+56.9%)
– Metro area: Florence-Muscle Shoals, AL
Stacker
#42. Rogersville
– Typical home value: $245,004
– 1-year price change: +$10,811 (+4.6%)
– 5-year price change: +$91,556 (+59.7%)
– Metro area: Florence-Muscle Shoals, AL
Stacker
#41. Rainbow City
– Typical home value: $239,200
– 1-year price change: +$10,917 (+4.8%)
– 5-year price change: +$79,344 (+49.6%)
– Metro area: Gadsden, AL
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Stacker
#40. Altoona
– Typical home value: $184,032
– 1-year price change: +$11,028 (+6.4%)
– 5-year price change: +$53,185 (+40.6%)
– Metro area: Gadsden, AL
Stacker
#39. Heflin
– Typical home value: $217,609
– 1-year price change: +$11,030 (+5.3%)
– 5-year price change: +$70,023 (+47.4%)
– Metro area: not in a metro area
Stacker
#38. Wilsonville
– Typical home value: $336,502
– 1-year price change: +$11,180 (+3.4%)
– 5-year price change: +$97,338 (+40.7%)
– Metro area: Birmingham-Hoover, AL
Stacker
#37. Glencoe
– Typical home value: $202,579
– 1-year price change: +$11,535 (+6.0%)
– 5-year price change: +$67,177 (+49.6%)
– Metro area: Gadsden, AL
Stacker
#36. Munford
– Typical home value: $176,078
– 1-year price change: +$11,573 (+7.0%)
– 5-year price change: +$61,029 (+53.0%)
– Metro area: Talladega-Sylacauga, AL
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Stacker
#35. Level Plains
– Typical home value: $206,988
– 1-year price change: +$11,579 (+5.9%)
– 5-year price change: +$66,127 (+46.9%)
– Metro area: Ozark, AL
Stacker
#34. Albertville
– Typical home value: $196,401
– 1-year price change: +$11,728 (+6.4%)
– 5-year price change: +$68,950 (+54.1%)
– Metro area: Albertville, AL
Stacker
#33. Hillsboro
– Typical home value: $168,234
– 1-year price change: +$11,859 (+7.6%)
– 5-year price change: data not available
– Metro area: Decatur, AL
Stacker
#32. Rehobeth
– Typical home value: $265,995
– 1-year price change: +$11,874 (+4.7%)
– 5-year price change: +$84,404 (+46.5%)
– Metro area: Dothan, AL
Stacker
#31. Cowarts
– Typical home value: $173,469
– 1-year price change: +$11,876 (+7.3%)
– 5-year price change: +$62,308 (+56.1%)
– Metro area: Dothan, AL
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Stacker
#30. Hokes Bluff
– Typical home value: $207,547
– 1-year price change: +$12,003 (+6.1%)
– 5-year price change: +$65,313 (+45.9%)
– Metro area: Gadsden, AL
Stacker
#29. Boaz
– Typical home value: $194,740
– 1-year price change: +$12,131 (+6.6%)
– 5-year price change: +$63,234 (+48.1%)
– Metro area: Gadsden, AL
Stacker
#28. Arley
– Typical home value: $451,354
– 1-year price change: +$12,378 (+2.8%)
– 5-year price change: +$160,775 (+55.3%)
– Metro area: not in a metro area
Stacker
#27. Billingsley
– Typical home value: $203,894
– 1-year price change: +$12,580 (+6.6%)
– 5-year price change: +$54,899 (+36.8%)
– Metro area: Montgomery, AL
Stacker
#26. Seminole
– Typical home value: $331,303
– 1-year price change: +$12,679 (+4.0%)
– 5-year price change: +$133,148 (+67.2%)
– Metro area: Daphne-Fairhope-Foley, AL
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Stacker
#25. Ashford
– Typical home value: $170,235
– 1-year price change: +$12,864 (+8.2%)
– 5-year price change: +$61,436 (+56.5%)
– Metro area: Dothan, AL
Stacker
#24. Delta
– Typical home value: $215,228
– 1-year price change: +$12,895 (+6.4%)
– 5-year price change: +$66,629 (+44.8%)
– Metro area: not in a metro area
Stacker
#23. Salem
– Typical home value: $304,655
– 1-year price change: +$12,912 (+4.4%)
– 5-year price change: +$93,452 (+44.2%)
– Metro area: Auburn-Opelika, AL
Stacker
#22. Laceys Spring
– Typical home value: $240,171
– 1-year price change: +$13,403 (+5.9%)
– 5-year price change: +$63,387 (+35.9%)
– Metro area: Decatur, AL
Stacker
#21. Mount Hope
– Typical home value: $195,916
– 1-year price change: +$13,682 (+7.5%)
– 5-year price change: data not available
– Metro area: Decatur, AL
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Stacker
#20. Auburn
– Typical home value: $374,164
– 1-year price change: +$13,919 (+3.9%)
– 5-year price change: +$107,586 (+40.4%)
– Metro area: Auburn-Opelika, AL
Stacker
#19. Union Grove
– Typical home value: $255,606
– 1-year price change: +$14,142 (+5.9%)
– 5-year price change: +$87,641 (+52.2%)
– Metro area: Albertville, AL
Stacker
#18. Grant
– Typical home value: $267,768
– 1-year price change: +$14,481 (+5.7%)
– 5-year price change: +$98,050 (+57.8%)
– Metro area: Albertville, AL
Stacker
#17. Shelby
– Typical home value: $342,173
– 1-year price change: +$14,854 (+4.5%)
– 5-year price change: +$102,963 (+43.0%)
– Metro area: Birmingham-Hoover, AL
Stacker
#16. Southside
– Typical home value: $263,241
– 1-year price change: +$14,865 (+6.0%)
– 5-year price change: +$92,915 (+54.6%)
– Metro area: Gadsden, AL
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Stacker
#15. Newton
– Typical home value: $237,379
– 1-year price change: +$15,187 (+6.8%)
– 5-year price change: +$77,392 (+48.4%)
– Metro area: Dothan, AL
Stacker
#14. Avon
– Typical home value: $192,763
– 1-year price change: +$15,240 (+8.6%)
– 5-year price change: data not available
– Metro area: Dothan, AL
Stacker
#13. Waverly
– Typical home value: $356,397
– 1-year price change: +$15,809 (+4.6%)
– 5-year price change: +$114,427 (+47.3%)
– Metro area: LaGrange, GA-AL
Stacker
#12. Gallant
– Typical home value: $214,802
– 1-year price change: +$15,888 (+8.0%)
– 5-year price change: +$56,724 (+35.9%)
– Metro area: Gadsden, AL
Stacker
#11. Gordon
– Typical home value: $144,163
– 1-year price change: +$16,280 (+12.7%)
– 5-year price change: data not available
– Metro area: Dothan, AL
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Stacker
#10. Crane Hill
– Typical home value: $524,814
– 1-year price change: +$16,855 (+3.3%)
– 5-year price change: +$186,861 (+55.3%)
– Metro area: Cullman, AL
Stacker
#9. Guntersville
– Typical home value: $290,494
– 1-year price change: +$16,949 (+6.2%)
– 5-year price change: +$108,893 (+60.0%)
– Metro area: Albertville, AL
Stacker
#8. Sardis City
– Typical home value: $231,337
– 1-year price change: +$17,435 (+8.2%)
– 5-year price change: +$88,428 (+61.9%)
– Metro area: Gadsden, AL
Stacker
#7. Jacksons Gap
– Typical home value: $561,637
– 1-year price change: +$18,005 (+3.3%)
– 5-year price change: +$236,833 (+72.9%)
– Metro area: Alexander City, AL
Stacker
#6. Pansey
– Typical home value: $165,535
– 1-year price change: +$18,688 (+12.7%)
– 5-year price change: data not available
– Metro area: Dothan, AL
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Stacker
#5. Mentone
– Typical home value: $306,470
– 1-year price change: +$19,558 (+6.8%)
– 5-year price change: +$119,100 (+63.6%)
– Metro area: Fort Payne, AL
Stacker
#4. Eclectic
– Typical home value: $405,213
– 1-year price change: +$23,430 (+6.1%)
– 5-year price change: +$130,030 (+47.3%)
– Metro area: Montgomery, AL
Stacker
#3. Indian Springs Village
– Typical home value: $554,412
– 1-year price change: +$26,945 (+5.1%)
– 5-year price change: +$165,558 (+42.6%)
– Metro area: Birmingham-Hoover, AL
Stacker
#2. Langston
– Typical home value: $344,770
– 1-year price change: +$29,527 (+9.4%)
– 5-year price change: +$120,722 (+53.9%)
– Metro area: Albertville, AL
Stacker
#1. Equality
– Typical home value: $726,772
– 1-year price change: +$95,234 (+15.1%)
– 5-year price change: +$298,237 (+69.6%)
– Metro area: Alexander City, AL
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