Cities with the fastest-growing home prices in Alabama

Published 4:57 pm Wednesday, July 10, 2024

Cities with the fastest-growing home prices in Alabama

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $360,310 in May, 3.9% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the fastest-growing home prices in Alabama using data from Zillow. Cities are ranked by the dollar change in the Zillow Home Values Index for all homes from the 12 months ending May 2024. The charts in this story were created automatically using Matplotlib. Data was available for 50 cities and towns in Alabama.

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Stacker

#50. Lillian

– Typical home value: $314,068
– 1-year price change: +$11,058 (+3.6%)
– 5-year price change: +$131,720 (+72.2%)
– Metro area: Daphne-Fairhope-Foley, AL

Stacker

#49. Foley

– Typical home value: $310,969
– 1-year price change: +$11,088 (+3.7%)
– 5-year price change: +$119,173 (+62.1%)
– Metro area: Daphne-Fairhope-Foley, AL

Stacker

#48. Phenix City

– Typical home value: $193,571
– 1-year price change: +$11,151 (+6.1%)
– 5-year price change: +$66,905 (+52.8%)
– Metro area: Columbus, GA-AL

Stacker

#47. Midland City

– Typical home value: $194,292
– 1-year price change: +$11,155 (+6.1%)
– 5-year price change: +$61,729 (+46.6%)
– Metro area: Ozark, AL

Stacker

#46. Elberta

– Typical home value: $356,980
– 1-year price change: +$11,229 (+3.2%)
– 5-year price change: +$146,169 (+69.3%)
– Metro area: Daphne-Fairhope-Foley, AL

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Stacker

#45. Vincent

– Typical home value: $247,894
– 1-year price change: +$11,312 (+4.8%)
– 5-year price change: +$65,593 (+36.0%)
– Metro area: Birmingham-Hoover, AL

Stacker

#44. Robertsdale

– Typical home value: $277,673
– 1-year price change: +$11,351 (+4.3%)
– 5-year price change: +$111,819 (+67.4%)
– Metro area: Daphne-Fairhope-Foley, AL

Stacker

#43. Union Grove

– Typical home value: $258,207
– 1-year price change: +$11,447 (+4.6%)
– 5-year price change: +$87,025 (+50.8%)
– Metro area: Albertville, AL

Stacker

#42. Satsuma

– Typical home value: $237,689
– 1-year price change: +$11,707 (+5.2%)
– 5-year price change: +$85,398 (+56.1%)
– Metro area: Mobile, AL

Stacker

#41. Grant

– Typical home value: $265,593
– 1-year price change: +$11,723 (+4.6%)
– 5-year price change: +$95,256 (+55.9%)
– Metro area: Albertville, AL

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Stacker

#40. Arley

– Typical home value: $468,812
– 1-year price change: +$11,787 (+2.6%)
– 5-year price change: +$163,714 (+53.7%)
– Metro area: not in a metro area

Stacker

#39. Tuscumbia

– Typical home value: $188,772
– 1-year price change: +$11,938 (+6.8%)
– 5-year price change: +$61,954 (+48.9%)
– Metro area: Florence-Muscle Shoals, AL

Stacker

#38. Elkmont

– Typical home value: $258,967
– 1-year price change: +$11,959 (+4.8%)
– 5-year price change: +$105,259 (+68.5%)
– Metro area: Huntsville, AL

Stacker

#37. Rainbow City

– Typical home value: $242,317
– 1-year price change: +$12,050 (+5.2%)
– 5-year price change: +$82,978 (+52.1%)
– Metro area: Gadsden, AL

Stacker

#36. Rehobeth

– Typical home value: $262,541
– 1-year price change: +$12,056 (+4.8%)
– 5-year price change: +$84,399 (+47.4%)
– Metro area: Dothan, AL

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Stacker

#35. Glencoe

– Typical home value: $202,751
– 1-year price change: +$12,217 (+6.4%)
– 5-year price change: +$67,491 (+49.9%)
– Metro area: Gadsden, AL

Stacker

#34. Cowarts

– Typical home value: $171,351
– 1-year price change: +$12,374 (+7.8%)
– 5-year price change: +$61,587 (+56.1%)
– Metro area: Dothan, AL

Stacker

#33. Newton

– Typical home value: $233,402
– 1-year price change: +$12,445 (+5.6%)
– 5-year price change: +$74,364 (+46.8%)
– Metro area: Dothan, AL

Stacker

#32. Leighton

– Typical home value: $151,633
– 1-year price change: +$12,695 (+9.1%)
– 5-year price change: +$46,876 (+44.7%)
– Metro area: Florence-Muscle Shoals, AL

Stacker

#31. Laceys Spring

– Typical home value: $240,833
– 1-year price change: +$12,750 (+5.6%)
– 5-year price change: +$61,645 (+34.4%)
– Metro area: Decatur, AL

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Stacker

#30. Sheffield

– Typical home value: $126,427
– 1-year price change: +$12,872 (+11.3%)
– 5-year price change: +$45,953 (+57.1%)
– Metro area: Florence-Muscle Shoals, AL

Stacker

#29. Muscle Shoals

– Typical home value: $248,858
– 1-year price change: +$12,904 (+5.5%)
– 5-year price change: +$86,056 (+52.9%)
– Metro area: Florence-Muscle Shoals, AL

Stacker

#28. Rogersville

– Typical home value: $247,791
– 1-year price change: +$12,948 (+5.5%)
– 5-year price change: +$91,355 (+58.4%)
– Metro area: Florence-Muscle Shoals, AL

Stacker

#27. Heflin

– Typical home value: $216,429
– 1-year price change: +$13,077 (+6.4%)
– 5-year price change: +$73,123 (+51.0%)
– Metro area: not in a metro area

Stacker

#26. Gallant

– Typical home value: $217,479
– 1-year price change: +$13,498 (+6.6%)
– 5-year price change: +$58,582 (+36.9%)
– Metro area: Gadsden, AL

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Stacker

#25. Hoover

– Typical home value: $425,000
– 1-year price change: +$13,600 (+3.3%)
– 5-year price change: +$119,542 (+39.1%)
– Metro area: Birmingham-Hoover, AL

Stacker

#24. Salem

– Typical home value: $301,540
– 1-year price change: +$14,244 (+5.0%)
– 5-year price change: +$96,969 (+47.4%)
– Metro area: Auburn-Opelika, AL

Stacker

#23. Saraland

– Typical home value: $231,729
– 1-year price change: +$14,429 (+6.6%)
– 5-year price change: +$78,013 (+50.8%)
– Metro area: Mobile, AL

Stacker

#22. Dadeville

– Typical home value: $470,143
– 1-year price change: +$14,849 (+3.3%)
– 5-year price change: +$170,838 (+57.1%)
– Metro area: Alexander City, AL

Stacker

#21. Lake Purdy

– Typical home value: $472,588
– 1-year price change: +$15,056 (+3.3%)
– 5-year price change: +$133,440 (+39.3%)
– Metro area: Birmingham-Hoover, AL

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Stacker

#20. Titus

– Typical home value: $297,054
– 1-year price change: +$15,132 (+5.4%)
– 5-year price change: +$91,866 (+44.8%)
– Metro area: Montgomery, AL

Stacker

#19. Guntersville

– Typical home value: $293,539
– 1-year price change: +$15,347 (+5.5%)
– 5-year price change: +$108,170 (+58.4%)
– Metro area: Albertville, AL

Stacker

#18. Seminole

– Typical home value: $317,313
– 1-year price change: +$15,781 (+5.2%)
– 5-year price change: +$128,310 (+67.9%)
– Metro area: Daphne-Fairhope-Foley, AL

Stacker

#17. Level Plains

– Typical home value: $210,099
– 1-year price change: +$16,115 (+8.3%)
– 5-year price change: +$67,580 (+47.4%)
– Metro area: Ozark, AL

Stacker

#16. Stapleton

– Typical home value: $337,147
– 1-year price change: +$16,739 (+5.2%)
– 5-year price change: +$135,326 (+67.1%)
– Metro area: Daphne-Fairhope-Foley, AL

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Stacker

#15. Waverly

– Typical home value: $359,652
– 1-year price change: +$16,921 (+4.9%)
– 5-year price change: +$122,825 (+51.9%)
– Metro area: LaGrange, GA-AL

Stacker

#14. Shelby

– Typical home value: $343,478
– 1-year price change: +$17,732 (+5.4%)
– 5-year price change: +$101,355 (+41.9%)
– Metro area: Birmingham-Hoover, AL

Stacker

#13. Mentone

– Typical home value: $307,653
– 1-year price change: +$17,851 (+6.2%)
– 5-year price change: +$119,221 (+63.3%)
– Metro area: Fort Payne, AL

Stacker

#12. Southside

– Typical home value: $265,937
– 1-year price change: +$18,357 (+7.4%)
– 5-year price change: +$96,259 (+56.7%)
– Metro area: Gadsden, AL

Stacker

#11. Wilsonville

– Typical home value: $340,986
– 1-year price change: +$19,304 (+6.0%)
– 5-year price change: +$100,212 (+41.6%)
– Metro area: Birmingham-Hoover, AL

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Stacker

#10. Vestavia Hills

– Typical home value: $565,201
– 1-year price change: +$19,519 (+3.6%)
– 5-year price change: +$147,212 (+35.2%)
– Metro area: Birmingham-Hoover, AL

Stacker

#9. Sardis City

– Typical home value: $232,772
– 1-year price change: +$19,588 (+9.2%)
– 5-year price change: +$91,502 (+64.8%)
– Metro area: Gadsden, AL

Stacker

#8. Auburn

– Typical home value: $369,280
– 1-year price change: +$19,676 (+5.6%)
– 5-year price change: +$107,300 (+41.0%)
– Metro area: Auburn-Opelika, AL

Stacker

#7. Eclectic

– Typical home value: $378,956
– 1-year price change: +$23,546 (+6.6%)
– 5-year price change: +$117,816 (+45.1%)
– Metro area: Montgomery, AL

Stacker

#6. Mountain Brook

– Typical home value: $803,024
– 1-year price change: +$27,775 (+3.6%)
– 5-year price change: +$237,939 (+42.1%)
– Metro area: Birmingham-Hoover, AL

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Stacker

#5. Langston

– Typical home value: $355,246
– 1-year price change: +$32,059 (+9.9%)
– 5-year price change: +$118,921 (+50.3%)
– Metro area: Albertville, AL

Stacker

#4. Crane Hill

– Typical home value: $537,389
– 1-year price change: +$33,362 (+6.6%)
– 5-year price change: +$191,186 (+55.2%)
– Metro area: Cullman, AL

Stacker

#3. Indian Springs Village

– Typical home value: $558,687
– 1-year price change: +$40,480 (+7.8%)
– 5-year price change: +$169,439 (+43.5%)
– Metro area: Birmingham-Hoover, AL

Stacker

#2. Jacksons Gap

– Typical home value: $581,304
– 1-year price change: +$49,933 (+9.4%)
– 5-year price change: +$250,965 (+76.0%)
– Metro area: Alexander City, AL

Stacker

#1. Equality

– Typical home value: $803,947
– 1-year price change: +$105,756 (+15.1%)
– 5-year price change: +$320,106 (+66.2%)
– Metro area: Alexander City, AL

This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 50 states.

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