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 $360,974 in June, 3.2% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of Aug. 22, the 30-year fixed mortgage rate sits at 6.46%.

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.

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Stacker

#9. West End-Cobb Town, AL

– Typical home value: $69,508
– 1-year price change: +4.0%
– 5-year price change: +3.0%

Stacker

#8. Anniston, AL

– Typical home value: $132,903
– 1-year price change: +0.1%
– 5-year price change: +25.7%

Stacker

#7. Saks, AL

– Typical home value: $138,982
– 1-year price change: +3.9%
– 5-year price change: +35.6%

Stacker

#6. Piedmont, AL

– Typical home value: $141,128
– 1-year price change: -1.4%
– 5-year price change: +27.4%

Stacker

#5. Weaver, AL

– Typical home value: $165,523
– 1-year price change: +3.8%
– 5-year price change: +35.2%

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Stacker

#4. Oxford, AL

– Typical home value: $186,742
– 1-year price change: +2.0%
– 5-year price change: +36.0%

Stacker

#3. Ohatchee, AL

– Typical home value: $197,657
– 1-year price change: -3.5%
– 5-year price change: +14.8%

Stacker

#2. Alexandria, AL

– Typical home value: $201,269
– 1-year price change: +2.1%
– 5-year price change: +32.0%

Stacker

#1. Jacksonville, AL

– Typical home value: $202,665
– 1-year price change: +2.6%
– 5-year price change: +39.0%

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