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27 cities with the fastest-growing home prices in Alabama

27 cities with the fastest-growing home prices in Alabama

Ask anyone buying or selling and they will tell you that real estate prices keep going up.

High demand and limited supply due to labor and material problems prompted buyers and investors to raise affordable real estate prices, causing home prices to rise.

Stacker compiled a list of the cities with the fastest growing home prices in different metro areas in Alabama using data from Zillow. Cities are ranked by one-year price change as of April 2022. The graphs in this story were automatically generated using Matplotlib. The value of the typical US home over the past year has increased +20.9% to $334,141.

You can click on each city’s name to get the full list of that metro area.

This is what they found:

Tuscaloosa

No. 1 – Lake View

Price change for one year: +48,721 dollars (+21.7%)

5-year rate change: + $94,740 (+53.1%)

Typical home value: $273,178 (#1 most expensive metro city)

No. 2 – Northport

Price change for one year: +$36,736 (+16.4%)

5-year rate change: $83,159 (+46.9%)

Typical home value: $260,343 (second most expensive city in the metro)

No. 3 – Ralph

1 year rate change: +$33,160 (+16.4%)

5-year rate change: + $76,707 (+48.4%)

Typical home value: $235,209 (third most expensive metro city)

Montgomery

No. 1 – Pike Road

1 year rate change: +$55,865 (+17.9%)

5-year rate change: + $75,280 (+25.7%)

Typical home value: $367,773 (#1 most expensive metro city)

No. 2 – Eclectic

1 year rate change: +$43,671 (+15.3%)

5-year rate change: +$106,640 (+47.8%)

Typical home value: $329,861 (second most expensive metro city)

No. 3 – Titus

Price change for one year: + $37,933 (+ 16.1%)

5-year rate change: + $87,318 (+46.8%)

Typical home value: $273,965 (third most expensive metro city)

cell phone

No. 1 – Dauphin Island

Price change for one year: + $85,306 (+23.5%)

5-year rate change: + $180,791 (+67.4%)

Typical home value: $448,981 (#1 most expensive metro city)

No. 2 – Satsuma

Price change for one year: +39,984 dollars (+21.7%)

5-year rate change: + $77,704 (+53.2%)

Typical home value: $223,872 (second most expensive metro city)

No. 3 – Simes

1 year rate change: +$35,060 (+19.6%)

5-year rate change: + $69,643 (+48.4%)

Typical home value: $213,585 (third most expensive metro city)

Huntsville

No. 1 – Owens Cross Roads

Price change for 1 year: + $92,846 (+27.5%)

5-year rate change: +$171,826 (+66.4%)

Typical home value: $430441 (#1 most expensive metro city)

No. 2 – Gurley

Price change for one year: + $78,820 (+30.4%)

5-year rate change: +146,483 (+76.4%)

Typical home value: $338,293 (third most expensive metro city)

No. 3 – Madison

1 year price change: $71,197 (+24.6%)

5-year rate change: + $144,077 (+66.4%)

Typical home value: $361,106 (#2 most expensive metro city)

Gadsden

No. 1 – Galant

1 year rate change: +$41,104 (+30.7%)

5-year rate change: $83,112 (+90.6%)

Typical home value: $174,860 (third most expensive metro city)

No. 2 – Rainbow City

1 year rate change: +$40,790 (+25.2%)

5-year rate change: + $75,079 (+58.9%)

Typical home value: $202,478 (second most expensive metro city)

No. 3 – Tuna

1 year rate change: +$40,016 (+34.4%)

5-year rate change: + $80,365 (+105.7%)

Typical home value: $156,428 (7th most expensive metro city)

Dothan

No. 1 – Rehobeth

1 year rate change: $30,791 (+16.4%)

5-year rate change: +$54,303 (+33.1%)

Typical home value: $218,253 (#1 most expensive metro city)

No. 2 – Pansy

1 year rate change: +$29,062 (+23.4%)

5-year rate change: + $57,924 (+60.7%)

Typical home value: $153,299 (#6 most expensive metro city)

No. 3 – Avon

1 year rate change: +$27,588 (+21.4%)

5-year rate change: +$44,557 (+39.8%)

Typical home value: $156,621 (fifth most expensive city on the metro)

Birmingham

No. 1 – Mountain Brook

Price change for one year: + $130,261 (+ 16.7%)

5-year rate change: +$270,253 (+42.2%)

Typical home value: $910,816 (#1 most expensive metro city)

No. 2 – Indian Springs Village

Price change for one year: + $69,625 (+ 16.2%)

5-year rate change: + $158,706 (+46.5%)

Typical home value: $499,840 (third most expensive metro city)

No. 3 – Lake Purdy

1 year rate change: $69,198 (+17.4%)

5-year rate change: + $133,462 (+40.2%)

Typical home value: $465,815 (fifth most expensive city on the metro)

Auburn

No. 1 – Wavy

1 year rate change: +$45,622 (+26.0%)

5-year rate change: + $101,732 (+85.2%)

Typical home value: $221,072 (4th most expensive metro city)

No. 2 – Auburn

Price change for one year: + $38,697 (+13.9%)

5-year rate change: + $100,212 (+46.2%)

Typical home value: $317,241 (#1 most expensive metro city)

No. 3 – Kosita

Price change for one year: + $32,129 (+23.4%)

5-year rate change: $64,637 (+61.8%)

Typical home value: $169,218 (6th most expensive metro city)

cell phone

No. 1 – Dauphin Island

Price change for one year: + $85,306 (+23.5%)

5-year rate change: + $180,791 (+67.4%)

Typical home value: $448,981 (#1 most expensive metro city)

No. 2 – Satsuma

Price change for one year: +39,984 dollars (+21.7%)

5-year rate change: + $77,704 (+53.2%)

Typical home value: $223,872 (second most expensive metro city)

No. 3 – Simes

1 year rate change: +$35,060 (+19.6%)

5-year rate change: + $69,643 (+48.4%)

Typical home value: $213,585 (third most expensive metro city)

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