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 $359,402 in April, 4.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of May 23, the 30-year fixed mortgage rate sits at 6.94%.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: $70,944
- 1-year price change: -1.5%
- 5-year price change: +0.4%
#8. Anniston, AL
- Typical home value: $130,535
- 1-year price change: -1.5%
- 5-year price change: +23.7%
#7. Saks, AL
- Typical home value: $136,273
- 1-year price change: +1.3%
- 5-year price change: +34.1%
#6. Piedmont, AL
- Typical home value: $139,871
- 1-year price change: -2.6%
- 5-year price change: +26.4%
#5. Weaver, AL
- Typical home value: $163,641
- 1-year price change: +3.6%
- 5-year price change: +34.6%
#4. Oxford, AL
- Typical home value: $184,198
- 1-year price change: +1.6%
- 5-year price change: +35.1%
#3. Ohatchee, AL
- Typical home value: $196,788
- 1-year price change: -3.3%
- 5-year price change: +13.7%
#2. Alexandria, AL
- Typical home value: $197,792
- 1-year price change: +1.3%
- 5-year price change: +31.1%
#1. Jacksonville, AL
- Typical home value: $199,295
- 1-year price change: +1.9%
- 5-year price change: +38.9%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
