Cities with the most expensive homes in the Birmingham 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 $350,091 in September, 2.1% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of Oct. 19, the 30-year fixed mortgage rate sits at 7.63%. 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 Birmingham using data from Zillow. Charts show the monthly typical home value since January 2018.

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#30. Leeds, AL

– Typical home value: $239,685
– 1-year price change: +2.4%
– 5-year price change: +59.0%

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#29. Mount Olive, AL

– Typical home value: $244,364
– 1-year price change: +2.9%
– 5-year price change: +45.5%

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#28. Clay, AL

– Typical home value: $246,257
– 1-year price change: -0.1%
– 5-year price change: +51.7%

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#27. Ashville, AL

– Typical home value: $248,268
– 1-year price change: -0.7%
– 5-year price change: +44.6%

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#26. Calera, AL

– Typical home value: $251,218
– 1-year price change: +0.4%
– 5-year price change: +57.1%

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#25. Morris, AL

– Typical home value: $252,437
– 1-year price change: +3.1%
– 5-year price change: +51.6%

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#24. Gardendale, AL

– Typical home value: $259,530
– 1-year price change: +1.6%
– 5-year price change: +48.8%

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#23. Moody, AL

– Typical home value: $259,836
– 1-year price change: -0.6%
– 5-year price change: +49.9%

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#22. Odenville, AL

– Typical home value: $261,948
– 1-year price change: -0.8%
– 5-year price change: +48.2%

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#21. Harpersville, AL

– Typical home value: $264,969
– 1-year price change: +4.5%
– 5-year price change: +50.0%

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#20. Irondale, AL

– Typical home value: $267,448
– 1-year price change: +2.0%
– 5-year price change: +60.2%

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#19. Pell City, AL

– Typical home value: $270,386
– 1-year price change: -3.7%
– 5-year price change: +42.2%

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#18. Columbiana, AL

– Typical home value: $277,402
– 1-year price change: -0.0%
– 5-year price change: +51.1%

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#17. Kimberly, AL

– Typical home value: $284,348
– 1-year price change: +2.7%
– 5-year price change: +53.2%

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#16. Alabaster, AL

– Typical home value: $290,863
– 1-year price change: -0.1%
– 5-year price change: +53.4%

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#15. Westover, AL

– Typical home value: $291,572
– 1-year price change: +2.1%
– 5-year price change: +51.6%

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#14. Pelham, AL

– Typical home value: $302,736
– 1-year price change: +0.4%
– 5-year price change: +52.2%

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#13. Riverside, AL

– Typical home value: $303,768
– 1-year price change: -1.9%
– 5-year price change: +38.9%

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#12. Shelby, AL

– Typical home value: $308,667
– 1-year price change: +1.5%
– 5-year price change: +44.5%

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#11. Springville, AL

– Typical home value: $321,768
– 1-year price change: -1.2%
– 5-year price change: +42.8%

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#10. Wilsonville, AL

– Typical home value: $323,452
– 1-year price change: +1.1%
– 5-year price change: +46.2%

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#9. Helena, AL

– Typical home value: $346,441
– 1-year price change: +0.5%
– 5-year price change: +51.3%

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#8. Chelsea, AL

– Typical home value: $375,477
– 1-year price change: -0.4%
– 5-year price change: +45.5%

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#7. Trussville, AL

– Typical home value: $376,550
– 1-year price change: +1.9%
– 5-year price change: +44.1%

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#6. Hoover, AL

– Typical home value: $422,543
– 1-year price change: +1.9%
– 5-year price change: +41.0%

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#5. Lake Purdy, AL

– Typical home value: $470,643
– 1-year price change: +0.7%
– 5-year price change: +41.1%

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#4. Homewood, AL

– Typical home value: $494,799
– 1-year price change: +3.2%
– 5-year price change: +42.0%

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#3. Vestavia Hills, AL

– Typical home value: $518,275
– 1-year price change: +4.0%
– 5-year price change: +38.6%

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#2. Indian Springs Village, AL

– Typical home value: $522,762
– 1-year price change: +0.2%
– 5-year price change: +41.8%

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#1. Mountain Brook, AL

– Typical home value: $889,102
– 1-year price change: +4.8%
– 5-year price change: +45.6%

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