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 $367,369 in June, 0.2% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of July 17, the 30-year fixed mortgage rate sits at 6.75%.

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.

#9. West End-Cobb Town, AL

– Typical home value: $73,034
– 1-year price change: -7.4%
– 5-year price change: -1.3%

#8. Saks, AL

– Typical home value: $137,854
– 1-year price change: +1.5%
– 5-year price change: +29.5%

#7. Anniston, AL

– Typical home value: $140,883
– 1-year price change: -0.8%
– 5-year price change: +21.9%

#6. Piedmont, AL

– Typical home value: $152,019
– 1-year price change: +3.0%
– 5-year price change: +25.4%

#5. Weaver, AL

– Typical home value: $170,678
– 1-year price change: +1.5%
– 5-year price change: +34.9%

#4. Ohatchee, AL

– Typical home value: $187,306
– 1-year price change: -1.4%
– 5-year price change: +11.0%

#3. Oxford, AL

– Typical home value: $189,754
– 1-year price change: +2.2%
– 5-year price change: +32.4%

#2. Jacksonville, AL

– Typical home value: $203,425
– 1-year price change: +2.1%
– 5-year price change: +34.9%

#1. Alexandria, AL

– Typical home value: $208,908
– 1-year price change: +3.7%
– 5-year price change: +32.0%