Cities with the most expensive homes in the Dothan 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 a record $351,423 in August, 1.3% higher than the year before. High mortgage rates are also making monthly payments more expensive; as of Sept. 21, the 30-year fixed mortgage rate sits at 7.19%.

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 Dothan metro area using data from Zillow. Charts show the monthly typical home value since January 2018.

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#20. Slocomb, AL

– Typical home value: $114,390
– 1-year price change: -1.4%
– 5-year price change: +34.0%

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#19. Geneva, AL

– Typical home value: $123,084
– 1-year price change: -2.2%
– 5-year price change: +33.1%

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#18. Samson, AL

– Typical home value: $128,689
– 1-year price change: -2.2%
– 5-year price change: +29.5%

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#17. Kinsey, AL

– Typical home value: $131,027
– 1-year price change: +1.9%
– 5-year price change: +45.9%

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#16. Columbia, AL

– Typical home value: $139,667
– 1-year price change: -3.0%
– 5-year price change: +34.7%

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#15. Abbeville, AL

– Typical home value: $140,786
– 1-year price change: -1.3%
– 5-year price change: +25.6%

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#14. Cottonwood, AL

– Typical home value: $143,707
– 1-year price change: +1.2%
– 5-year price change: +41.6%

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#13. Webb, AL

– Typical home value: $145,365
– 1-year price change: -2.4%
– 5-year price change: +34.8%

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#12. Newville, AL

– Typical home value: $145,911
– 1-year price change: -2.3%
– 5-year price change: +34.5%

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#11. Hartford, AL

– Typical home value: $155,993
– 1-year price change: -0.2%
– 5-year price change: +42.6%

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#10. Taylor, AL

– Typical home value: $157,693
– 1-year price change: +4.8%
– 5-year price change: +51.1%

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#9. Coffee Springs, AL

– Typical home value: $158,180
– 1-year price change: +0.7%
– 5-year price change: +35.9%

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#8. Ashford, AL

– Typical home value: $159,678
– 1-year price change: +3.5%
– 5-year price change: +53.3%

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#7. Cowarts, AL

– Typical home value: $159,901
– 1-year price change: +5.5%
– 5-year price change: +52.1%

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#6. Malvern, AL

– Typical home value: $177,217
– 1-year price change: +1.0%
– 5-year price change: +35.5%

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#5. Dothan, AL

– Typical home value: $183,124
– 1-year price change: +3.1%
– 5-year price change: +41.9%

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#4. Chancellor, AL

– Typical home value: $202,880
– 1-year price change: +1.1%
– 5-year price change: +35.7%

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#3. Headland, AL

– Typical home value: $204,409
– 1-year price change: +0.2%
– 5-year price change: +34.0%

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#2. Newton, AL

– Typical home value: $224,381
– 1-year price change: +2.0%
– 5-year price change: +44.8%

Stacker

#1. Rehobeth, AL

– Typical home value: $250,458
– 1-year price change: +2.8%
– 5-year price change: +45.2%

This story features data reporting and writing by Elena Cox, and is part of a series utilizing data automation across 379 metros.