Cities with the fastest growing home prices in Birmingham metro area
Published 4:42 pm Wednesday, March 22, 2023
scarp577 // Shutterstock
Cities with the fastest growing home prices in Birmingham metro area
It goes without saying that the coronavirus pandemic sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.
The pandemic became a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. Since then, increasing mortgage rates have slowed growth. But many areas are still seeing price jumps.
Stacker compiled a list of cities with the fastest-growing home prices in Birmingham-Hoover, AL metro area using data from Zillow. Cities are ranked by 1-year price change as of February 2023. The typical home value in the United States increased over the last year by 4.4% to $328,604. Data was available for 79 cities and towns in Birmingham.
You may also like: Highest and lowest paying health care jobs in Birmingham
Stacker
#30. Blountsville, AL
– 1-year price change: +$15,111 (+11.1%)
– 5-year price change: +$59,846 (+65.2%)
– Typical home value: $151,579 (#59 most expensive city in metro)
Stacker
#29. Locust Fork, AL
– 1-year price change: +$15,237 (+8.6%)
– 5-year price change: +$57,436 (+42.6%)
– Typical home value: $192,259 (#43 most expensive city in metro)
Stacker
#28. Odenville, AL
– 1-year price change: +$15,396 (+6.4%)
– 5-year price change: +$87,693 (+52.6%)
– Typical home value: $254,403 (#19 most expensive city in metro)
Stacker
#27. Moody, AL
– 1-year price change: +$15,905 (+6.8%)
– 5-year price change: +$88,079 (+54.8%)
– Typical home value: $248,872 (#21 most expensive city in metro)
Stacker
#26. Calera, AL
– 1-year price change: +$15,977 (+7.3%)
– 5-year price change: +$89,329 (+61.0%)
– Typical home value: $235,795 (#26 most expensive city in metro)
You may also like: Highest-rated Mexican restaurants in Birmingham, according to Tripadvisor
Stacker
#25. Concord, AL
– 1-year price change: +$16,316 (+10.3%)
– 5-year price change: +$57,946 (+49.3%)
– Typical home value: $175,422 (#49 most expensive city in metro)
Stacker
#24. Jemison, AL
– 1-year price change: +$16,561 (+9.9%)
– 5-year price change: +$64,891 (+54.8%)
– Typical home value: $183,237 (#47 most expensive city in metro)
Stacker
#23. Gardendale, AL
– 1-year price change: +$16,572 (+7.2%)
– 5-year price change: +$80,814 (+48.9%)
– Typical home value: $245,982 (#23 most expensive city in metro)
Stacker
#22. Maytown, AL
– 1-year price change: +$16,688 (+20.7%)
– 5-year price change: +$36,339 (+59.6%)
– Typical home value: $97,260 (#69 most expensive city in metro)
Stacker
#21. Alabaster, AL
– 1-year price change: +$16,861 (+6.6%)
– 5-year price change: +$101,274 (+58.6%)
– Typical home value: $274,093 (#15 most expensive city in metro)
You may also like: Highest-rated pizza restaurants in Birmingham
Stacker
#20. Rock Creek, AL
– 1-year price change: +$16,993 (+10.2%)
– 5-year price change: +$57,034 (+45.3%)
– Typical home value: $182,808 (#48 most expensive city in metro)
Stacker
#19. Chelsea, AL
– 1-year price change: +$17,441 (+5.1%)
– 5-year price change: +$112,687 (+46.3%)
– Typical home value: $356,124 (#9 most expensive city in metro)
Stacker
#18. Sylvan Springs, AL
– 1-year price change: +$17,497 (+9.4%)
– 5-year price change: +$62,693 (+44.7%)
– Typical home value: $203,053 (#37 most expensive city in metro)
Stacker
#17. Mount Olive, AL
– 1-year price change: +$17,554 (+8.3%)
– 5-year price change: +$71,559 (+45.5%)
– Typical home value: $228,991 (#28 most expensive city in metro)
Stacker
#16. Clanton, AL
– 1-year price change: +$17,816 (+10.7%)
– 5-year price change: +$68,753 (+59.5%)
– Typical home value: $184,340 (#46 most expensive city in metro)
You may also like: Highest-rated cheap eats in Birmingham, according to Tripadvisor
Stacker
#15. Pleasant Grove, AL
– 1-year price change: +$17,884 (+8.9%)
– 5-year price change: +$82,305 (+59.9%)
– Typical home value: $219,641 (#30 most expensive city in metro)
Stacker
#14. Hayden, AL
– 1-year price change: +$17,938 (+9.2%)
– 5-year price change: +$74,272 (+53.6%)
– Typical home value: $212,720 (#33 most expensive city in metro)
Stacker
#13. Clay, AL
– 1-year price change: +$18,315 (+8.4%)
– 5-year price change: +$84,579 (+56.2%)
– Typical home value: $235,105 (#27 most expensive city in metro)
Stacker
#12. Leeds, AL
– 1-year price change: +$18,596 (+9.0%)
– 5-year price change: +$90,443 (+67.4%)
– Typical home value: $224,599 (#29 most expensive city in metro)
Stacker
#11. Warrior, AL
– 1-year price change: +$19,098 (+9.7%)
– 5-year price change: +$80,498 (+59.5%)
– Typical home value: $215,773 (#31 most expensive city in metro)
You may also like: Highest-earning zip codes in Birmingham metro area
Stacker
#10. Helena, AL
– 1-year price change: +$19,826 (+6.4%)
– 5-year price change: +$116,564 (+54.6%)
– Typical home value: $330,038 (#10 most expensive city in metro)
Stacker
#9. Irondale, AL
– 1-year price change: +$20,033 (+8.6%)
– 5-year price change: +$100,025 (+65.4%)
– Typical home value: $253,053 (#20 most expensive city in metro)
Stacker
#8. Trussville, AL
– 1-year price change: +$20,419 (+6.1%)
– 5-year price change: +$114,949 (+47.4%)
– Typical home value: $357,315 (#8 most expensive city in metro)
Stacker
#7. Kimberly, AL
– 1-year price change: +$21,669 (+9.3%)
– 5-year price change: +$82,920 (+48.0%)
– Typical home value: $255,833 (#18 most expensive city in metro)
Stacker
#6. Morris, AL
– 1-year price change: +$23,424 (+10.9%)
– 5-year price change: +$80,718 (+51.4%)
– Typical home value: $237,733 (#25 most expensive city in metro)
You may also like: Where people in Birmingham are moving to most
Stacker
#5. Hoover, AL
– 1-year price change: +$23,511 (+6.2%)
– 5-year price change: +$122,044 (+43.7%)
– Typical home value: $401,256 (#7 most expensive city in metro)
Stacker
#4. Springville, AL
– 1-year price change: +$23,892 (+8.6%)
– 5-year price change: +$102,172 (+51.1%)
– Typical home value: $302,223 (#11 most expensive city in metro)
Stacker
#3. Homewood, AL
– 1-year price change: +$24,376 (+5.6%)
– 5-year price change: +$158,284 (+52.6%)
– Typical home value: $459,199 (#4 most expensive city in metro)
Stacker
#2. Vestavia Hills, AL
– 1-year price change: +$25,221 (+5.4%)
– 5-year price change: +$139,878 (+39.8%)
– Typical home value: $491,020 (#2 most expensive city in metro)
Stacker
#1. Mountain Brook, AL
– 1-year price change: +$47,817 (+6.1%)
– 5-year price change: +$268,336 (+47.2%)
– Typical home value: $836,473 (#1 most expensive city in metro)
You may also like: Highest-rated fine dining restaurants in Birmingham, according to Tripadvisor