Cities with the fastest growing home prices in Tuscaloosa metro area
Published 9:07 pm Thursday, September 29, 2022
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Cities with the fastest growing home prices in Tuscaloosa metro area
It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.
The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.
Stacker compiled a list of cities with the fastest-growing home prices in Tuscaloosa, AL metro area using data from Zillow. Cities are ranked by 1-year price change as of August 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 30 cities and towns with data available were included in the list.
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Stacker
#30. Boligee, Alabama
– 1-year price change: $-3,477 (-5.7%)
– 5-year price change: +$214 (+0.4%)
– Typical home value: $57,818 (#30 most expensive city in metro)
Stacker
#29. Eutaw, Alabama
– 1-year price change: +$5,644 (+6.5%)
– 5-year price change: +$23,709 (+34.6%)
– Typical home value: $92,270 (#26 most expensive city in metro)
Stacker
#28. Forkland, Alabama
– 1-year price change: +$6,396 (+10.8%)
– 5-year price change: $-852 (-1.3%)
– Typical home value: $65,399 (#29 most expensive city in metro)
Stacker
#27. Elrod, Alabama
– 1-year price change: +$9,779 (+6.0%)
– 5-year price change: +$45,806 (+36.2%)
– Typical home value: $172,427 (#15 most expensive city in metro)
Stacker
#26. Aliceville, Alabama
– 1-year price change: +$9,844 (+15.7%)
– 5-year price change: +$19,861 (+37.7%)
– Typical home value: $72,515 (#28 most expensive city in metro)
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Stacker
#25. Newbern, Alabama
– 1-year price change: +$11,658 (+14.5%)
– 5-year price change: +$18,848 (+25.8%)
– Typical home value: $91,994 (#27 most expensive city in metro)
Stacker
#24. Greensboro, Alabama
– 1-year price change: +$13,722 (+15.5%)
– 5-year price change: +$42,382 (+70.6%)
– Typical home value: $102,387 (#25 most expensive city in metro)
Stacker
#23. Buhl, Alabama
– 1-year price change: +$14,259 (+8.1%)
– 5-year price change: +$51,778 (+37.3%)
– Typical home value: $190,772 (#12 most expensive city in metro)
Stacker
#22. Akron, Alabama
– 1-year price change: +$15,342 (+15.5%)
– 5-year price change: +$50,178 (+78.4%)
– Typical home value: $114,174 (#19 most expensive city in metro)
Stacker
#21. Carrollton, Alabama
– 1-year price change: +$15,513 (+15.7%)
– 5-year price change: +$42,461 (+59.3%)
– Typical home value: $114,062 (#21 most expensive city in metro)
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Stacker
#20. Panola, Alabama
– 1-year price change: +$15,585 (+17.5%)
– 5-year price change: +$42,461 (data not available)
– Typical home value: $104,471 (#24 most expensive city in metro)
Stacker
#19. Reform, Alabama
– 1-year price change: +$17,119 (+18.1%)
– 5-year price change: +$37,916 (+51.5%)
– Typical home value: $111,522 (#22 most expensive city in metro)
Stacker
#18. Millport, Alabama
– 1-year price change: +$18,768 (+19.4%)
– 5-year price change: +$45,706 (+65.4%)
– Typical home value: $115,638 (#18 most expensive city in metro)
Stacker
#17. Kennedy, Alabama
– 1-year price change: +$19,268 (+22.5%)
– 5-year price change: +$40,562 (+63.1%)
– Typical home value: $104,872 (#23 most expensive city in metro)
Stacker
#16. Pickensville, Alabama
– 1-year price change: +$19,660 (+11.2%)
– 5-year price change: +$65,469 (+50.6%)
– Typical home value: $194,761 (#11 most expensive city in metro)
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Stacker
#15. Sawyerville, Alabama
– 1-year price change: +$19,707 (+20.9%)
– 5-year price change: +$53,431 (+88.1%)
– Typical home value: $114,097 (#20 most expensive city in metro)
Stacker
#14. Gordo, Alabama
– 1-year price change: +$21,541 (+15.1%)
– 5-year price change: +$57,212 (+53.5%)
– Typical home value: $164,087 (#16 most expensive city in metro)
Stacker
#13. Duncanville, Alabama
– 1-year price change: +$23,352 (+13.3%)
– 5-year price change: +$60,851 (+44.0%)
– Typical home value: $199,136 (#9 most expensive city in metro)
Stacker
#12. Moundville, Alabama
– 1-year price change: +$23,503 (+14.1%)
– 5-year price change: +$60,791 (+46.9%)
– Typical home value: $190,485 (#13 most expensive city in metro)
Stacker
#11. Cottondale, Alabama
– 1-year price change: +$24,042 (+13.8%)
– 5-year price change: +$61,375 (+45.0%)
– Typical home value: $197,708 (#10 most expensive city in metro)
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Stacker
#10. Berry, Alabama
– 1-year price change: +$24,279 (+18.0%)
– 5-year price change: +$60,238 (+61.0%)
– Typical home value: $158,923 (#17 most expensive city in metro)
Stacker
#9. Fosters, Alabama
– 1-year price change: +$24,684 (+12.9%)
– 5-year price change: +$68,485 (+46.2%)
– Typical home value: $216,725 (#6 most expensive city in metro)
Stacker
#8. Brookwood, Alabama
– 1-year price change: +$24,817 (+15.4%)
– 5-year price change: +$68,145 (+57.9%)
– Typical home value: $185,887 (#14 most expensive city in metro)
Stacker
#7. Knoxville, Alabama
– 1-year price change: +$24,817 (+13.2%)
– 5-year price change: +$80,890 (+61.6%)
– Typical home value: $212,294 (#8 most expensive city in metro)
Stacker
#6. Vance, Alabama
– 1-year price change: +$26,209 (+13.9%)
– 5-year price change: +$70,818 (+49.1%)
– Typical home value: $215,172 (#7 most expensive city in metro)
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Stacker
#5. Tuscaloosa, Alabama
– 1-year price change: +$27,061 (+14.1%)
– 5-year price change: +$66,667 (+44.0%)
– Typical home value: $218,315 (#5 most expensive city in metro)
Stacker
#4. Coker, Alabama
– 1-year price change: +$27,139 (+13.1%)
– 5-year price change: +$75,915 (+47.8%)
– Typical home value: $234,710 (#4 most expensive city in metro)
Stacker
#3. Northport, Alabama
– 1-year price change: +$36,325 (+15.5%)
– 5-year price change: +$88,426 (+48.4%)
– Typical home value: $271,101 (#2 most expensive city in metro)
Stacker
#2. Ralph, Alabama
– 1-year price change: +$36,930 (+17.4%)
– 5-year price change: +$83,843 (+50.6%)
– Typical home value: $249,584 (#3 most expensive city in metro)
Stacker
#1. Lake View, Alabama
– 1-year price change: +$46,855 (+19.6%)
– 5-year price change: +$98,815 (+52.9%)
– Typical home value: $285,604 (#1 most expensive city in metro)
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