Cities with the most expensive homes in the Anniston metro area
Published 5:29 pm Friday, March 29, 2024
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 $349,216 in February, 4.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 28, the 30-year fixed mortgage rate sits at 6.79%.
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.
Stacker
#9. West End-Cobb Town, AL
– Typical home value: $64,708
– 1-year price change: -6.6%
– 5-year price change: -5.0%
Stacker
#8. Anniston, AL
– Typical home value: $124,842
– 1-year price change: -2.6%
– 5-year price change: +23.1%
Stacker
#7. Saks, AL
– Typical home value: $129,980
– 1-year price change: -0.1%
– 5-year price change: +34.2%
Stacker
#6. Piedmont, AL
– Typical home value: $132,930
– 1-year price change: -3.5%
– 5-year price change: +30.3%
Stacker
#5. Weaver, AL
– Typical home value: $157,975
– 1-year price change: +3.7%
– 5-year price change: +36.3%
Stacker
#4. Oxford, AL
– Typical home value: $177,060
– 1-year price change: +0.7%
– 5-year price change: +35.5%
Stacker
#3. Ohatchee, AL
– Typical home value: $190,395
– 1-year price change: -2.8%
– 5-year price change: +15.2%
Stacker
#2. Alexandria, AL
– Typical home value: $191,960
– 1-year price change: +0.2%
– 5-year price change: +31.5%
Stacker
#1. Jacksonville, AL
– Typical home value: $193,524
– 1-year price change: +1.4%
– 5-year price change: +40.3%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.