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 $356,776 in January, 2.6% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of February 20, the 30-year fixed mortgage rate sits at 6.85%.

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.

You may also like: Highest-rated steak restaurants in the Anniston area by diners

Stacker

#9. West End-Cobb Town, AL

– Typical home value: $68,733
– 1-year price change: +2.4%
– 5-year price change: +3.2%

Stacker

#8. Anniston, AL

– Typical home value: $128,923
– 1-year price change: +4.0%
– 5-year price change: +27.5%

Stacker

#7. Saks, AL

– Typical home value: $132,076
– 1-year price change: +5.7%
– 5-year price change: +34.5%

Stacker

#6. Piedmont, AL

– Typical home value: $138,747
– 1-year price change: +3.9%
– 5-year price change: +25.5%

Stacker

#5. Weaver, AL

– Typical home value: $163,699
– 1-year price change: +3.0%
– 5-year price change: +33.8%

You may also like: Most expensive homes for sale in Anniston

Stacker

#4. Oxford, AL

– Typical home value: $179,669
– 1-year price change: +3.6%
– 5-year price change: +33.1%

Stacker

#3. Ohatchee, AL

– Typical home value: $189,043
– 1-year price change: -2.0%
– 5-year price change: +13.9%

Stacker

#2. Jacksonville, AL

– Typical home value: $195,673
– 1-year price change: +2.5%
– 5-year price change: +33.3%

Stacker

#1. Alexandria, AL

– Typical home value: $198,811
– 1-year price change: +3.4%
– 5-year price change: +30.9%