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Cities with the most expensive homes in Alabama

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 $349,216 in February, 4.2% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of March 28, the 30-year fixed mortgage rate sits at 6.79%.

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 Alabama using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of February 2024. The charts in this story were created automatically using Matplotlib.

Metros with the most cities in the top 30 in Alabama
#1. Birmingham-Hoover, AL: 10
#2. Daphne-Fairhope-Foley, AL: 5
#3. Alexander City, AL: 3
#3. Huntsville, AL: 3
#5. Montgomery, AL: 2
#6. Auburn-Opelika, AL: 1
#6. Cullman, AL: 1
#6. LaGrange, GA-AL: 1
#6. Mobile, AL: 1

#30. Wilsonville

Stacker

- Typical home value: $328,977
- 1-year price change: +6.0%
- 5-year price change: +44.9%
- Metro area: Birmingham-Hoover, AL

#29. Elberta

Stacker

- Typical home value: $329,486
- 1-year price change: +5.2%
- 5-year price change: +66.8%
- Metro area: Daphne-Fairhope-Foley, AL

#28. Meridianville

Stacker

- Typical home value: $329,699
- 1-year price change: -0.0%
- 5-year price change: +59.3%
- Metro area: Huntsville, AL

#27. Waverly

Stacker

- Typical home value: $334,409
- 1-year price change: +3.8%
- 5-year price change: +52.1%
- Metro area: LaGrange, GA-AL

#26. Wedowee

Stacker

- Typical home value: $343,432
- 1-year price change: -2.8%
- 5-year price change: +47.7%
- Metro area: not in a metro area

#25. Helena

Stacker

- Typical home value: $349,479
- 1-year price change: +2.4%
- 5-year price change: +47.5%
- Metro area: Birmingham-Hoover, AL

#24. Auburn

Stacker

- Typical home value: $357,349
- 1-year price change: +5.6%
- 5-year price change: +41.2%
- Metro area: Auburn-Opelika, AL

#23. Eclectic

Stacker

- Typical home value: $362,874
- 1-year price change: +5.5%
- 5-year price change: +47.0%
- Metro area: Montgomery, AL

#22. Chelsea

Stacker

- Typical home value: $370,922
- 1-year price change: +1.1%
- 5-year price change: +41.9%
- Metro area: Birmingham-Hoover, AL

#21. Madison

Stacker

- Typical home value: $374,959
- 1-year price change: +0.8%
- 5-year price change: +56.8%
- Metro area: Huntsville, AL

#20. Trussville

Stacker

- Typical home value: $377,178
- 1-year price change: +2.6%
- 5-year price change: +41.1%
- Metro area: Birmingham-Hoover, AL

#19. Spanish Fort

Stacker

- Typical home value: $378,137
- 1-year price change: +1.6%
- 5-year price change: +46.7%
- Metro area: Daphne-Fairhope-Foley, AL

#18. Houston

Stacker

- Typical home value: $385,037
- 1-year price change: +2.7%
- 5-year price change: +52.2%
- Metro area: not in a metro area

#17. Pike Road

Stacker

- Typical home value: $387,300
- 1-year price change: +1.5%
- 5-year price change: +30.5%
- Metro area: Montgomery, AL

#16. Hoover

Stacker

- Typical home value: $409,226
- 1-year price change: +3.4%
- 5-year price change: +39.1%
- Metro area: Birmingham-Hoover, AL

#15. Owens Cross Roads

Stacker

- Typical home value: $419,513
- 1-year price change: +0.7%
- 5-year price change: +54.2%
- Metro area: Huntsville, AL

#14. Arley

Stacker

- Typical home value: $434,647
- 1-year price change: +3.5%
- 5-year price change: +52.9%
- Metro area: not in a metro area

#13. Dadeville

Stacker

- Typical home value: $445,323
- 1-year price change: +3.4%
- 5-year price change: +58.7%
- Metro area: Alexander City, AL

#12. Gulf Shores

Stacker

- Typical home value: $451,166
- 1-year price change: +0.0%
- 5-year price change: +57.1%
- Metro area: Daphne-Fairhope-Foley, AL

#11. Fairhope

Stacker

- Typical home value: $452,726
- 1-year price change: +3.7%
- 5-year price change: +54.6%
- Metro area: Daphne-Fairhope-Foley, AL

#10. Lake Purdy

Stacker

- Typical home value: $457,011
- 1-year price change: +3.9%
- 5-year price change: +40.1%
- Metro area: Birmingham-Hoover, AL

#9. Dauphin Island

Stacker

- Typical home value: $471,386
- 1-year price change: +1.6%
- 5-year price change: +71.2%
- Metro area: Mobile, AL

#8. Homewood

Stacker

- Typical home value: $495,103
- 1-year price change: +2.8%
- 5-year price change: +38.0%
- Metro area: Birmingham-Hoover, AL

#7. Crane Hill

Stacker

- Typical home value: $503,984
- 1-year price change: +4.6%
- 5-year price change: +50.6%
- Metro area: Cullman, AL

#6. Indian Springs Village

Stacker

- Typical home value: $534,052
- 1-year price change: +5.9%
- 5-year price change: +42.6%
- Metro area: Birmingham-Hoover, AL

#5. Vestavia Hills

Stacker

- Typical home value: $535,409
- 1-year price change: +5.1%
- 5-year price change: +36.4%
- Metro area: Birmingham-Hoover, AL

#4. Jacksons Gap

Stacker

- Typical home value: $537,812
- 1-year price change: +8.5%
- 5-year price change: +77.9%
- Metro area: Alexander City, AL

#3. Orange Beach

Stacker

- Typical home value: $691,434
- 1-year price change: -0.2%
- 5-year price change: +58.7%
- Metro area: Daphne-Fairhope-Foley, AL

#2. Equality

Stacker

- Typical home value: $730,576
- 1-year price change: +9.6%
- 5-year price change: +61.0%
- Metro area: Alexander City, AL

#1. Mountain Brook

Stacker

- Typical home value: $743,864
- 1-year price change: +5.0%
- 5-year price change: +42.0%
- Metro area: Birmingham-Hoover, 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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