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 $355,696 in March, 4.6% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of May 2, the 30-year fixed mortgage rate sits at 7.22%.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: $70,015
- 1-year price change: -4.6%
- 5-year price change: -2.4%
#8. Anniston, AL
- Typical home value: $129,636
- 1-year price change: -2.3%
- 5-year price change: +22.7%
#7. Saks, AL
- Typical home value: $133,380
- 1-year price change: +0.3%
- 5-year price change: +33.6%
#6. Piedmont, AL
- Typical home value: $139,846
- 1-year price change: -3.3%
- 5-year price change: +27.2%
#5. Weaver, AL
- Typical home value: $162,703
- 1-year price change: +3.6%
- 5-year price change: +35.0%
#4. Oxford, AL
- Typical home value: $182,279
- 1-year price change: +1.1%
- 5-year price change: +34.8%
#3. Ohatchee, AL
- Typical home value: $197,066
- 1-year price change: -3.4%
- 5-year price change: +13.7%
#2. Alexandria, AL
- Typical home value: $198,102
- 1-year price change: +0.6%
- 5-year price change: +30.9%
#1. Jacksonville, AL
- Typical home value: $198,389
- 1-year price change: +1.5%
- 5-year price change: +39.2%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
