Cities with the most expensive homes in the Anniston metro area

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 $367,965 in July, 0.2% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of August 21, the 30-year fixed mortgage rate sits at 6.58%.

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.

#9. West End-Cobb Town, AL

- Typical home value: $77,237
- 1-year price change: -8.5%
- 5-year price change: -2.5%

#8. Anniston, AL

- Typical home value: $142,904
- 1-year price change: -1.2%
- 5-year price change: +21.6%

#7. Saks, AL

- Typical home value: $142,934
- 1-year price change: +1.2%
- 5-year price change: +29.0%

#6. Piedmont, AL

- Typical home value: $152,041
- 1-year price change: +3.0%
- 5-year price change: +25.5%

#5. Weaver, AL

- Typical home value: $173,324
- 1-year price change: +1.8%
- 5-year price change: +35.3%

#4. Ohatchee, AL

- Typical home value: $184,536
- 1-year price change: -2.2%
- 5-year price change: +9.8%

#3. Oxford, AL

- Typical home value: $192,426
- 1-year price change: +2.2%
- 5-year price change: +31.8%

#2. Jacksonville, AL

- Typical home value: $204,268
- 1-year price change: +2.1%
- 5-year price change: +34.5%

#1. Alexandria, AL

- Typical home value: $212,259
- 1-year price change: +3.7%
- 5-year price change: +31.2%