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 $360,385 in October, 2.4% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of November 14, the 30-year fixed mortgage rate sits at 6.78%.

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: $67,353
– 1-year price change: +10.6%
– 5-year price change: +5.0%

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#8. Anniston, AL

– Typical home value: $129,957
– 1-year price change: +2.4%
– 5-year price change: +25.3%

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#7. Saks, AL

– Typical home value: $137,165
– 1-year price change: +6.9%
– 5-year price change: +34.3%

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#6. Piedmont, AL

– Typical home value: $141,105
– 1-year price change: +1.6%
– 5-year price change: +24.8%

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#5. Weaver, AL

– Typical home value: $162,568
– 1-year price change: +3.2%
– 5-year price change: +32.3%

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#4. Oxford, AL

– Typical home value: $184,412
– 1-year price change: +2.4%
– 5-year price change: +33.4%

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#3. Ohatchee, AL

– Typical home value: $194,074
– 1-year price change: -4.0%
– 5-year price change: +12.2%

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#2. Jacksonville, AL

– Typical home value: $200,254
– 1-year price change: +2.5%
– 5-year price change: +34.1%

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#1. Alexandria, AL

– Typical home value: $201,234
– 1-year price change: +1.9%
– 5-year price change: +29.5%