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 $358,461 in December, 2.6% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of January 16, the 30-year fixed mortgage rate sits at 7.04%.

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: $70,229
– 1-year price change: +5.3%
– 5-year price change: +2.9%

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#8. Anniston, AL

– Typical home value: $130,119
– 1-year price change: +3.7%
– 5-year price change: +26.8%

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#7. Saks, AL

– Typical home value: $133,603
– 1-year price change: +6.3%
– 5-year price change: +34.6%

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#6. Piedmont, AL

– Typical home value: $141,211
– 1-year price change: +3.0%
– 5-year price change: +24.2%

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#5. Weaver, AL

– Typical home value: $164,940
– 1-year price change: +2.9%
– 5-year price change: +32.8%

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#4. Oxford, AL

– Typical home value: $180,023
– 1-year price change: +3.1%
– 5-year price change: +33.0%

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#3. Ohatchee, AL

– Typical home value: $191,231
– 1-year price change: -3.4%
– 5-year price change: +12.9%

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#2. Jacksonville, AL

– Typical home value: $196,594
– 1-year price change: +2.3%
– 5-year price change: +33.1%

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#1. Alexandria, AL

– Typical home value: $199,282
– 1-year price change: +2.7%
– 5-year price change: +30.0%