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1 / 30#30. Leeds, AL
- Typical home value: $254,523
- 1-year price change: +3.4%
- 5-year price change: +21.9%
Cities with the most expensive homes in the Birmingham metro area
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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, plays a huge role for buyers.
The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.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.
compiled a list of cities with the most expensive homes in the Birmingham metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 79 cities and towns.
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2 / 30#29. Calera, AL
- Typical home value: $256,768
- 1-year price change: +1.0%
- 5-year price change: +17.9%
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3 / 30#28. Odenville, AL
- Typical home value: $259,313
- 1-year price change: +3.2%
- 5-year price change: +14.9%
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4 / 30#27. Vincent, AL
- Typical home value: $261,138
- 1-year price change: +4.8%
- 5-year price change: +18.9%
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5 / 30#26. Morris, AL
- Typical home value: $264,704
- 1-year price change: +2.1%
- 5-year price change: +20.8%
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6 / 30#25. Moody, AL
- Typical home value: $264,863
- 1-year price change: +3.2%
- 5-year price change: +17.7%
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7 / 30#24. Mount Olive, AL
- Typical home value: $265,645
- 1-year price change: +2.9%
- 5-year price change: +22.1%
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8 / 30#23. Ashville, AL
- Typical home value: $268,690
- 1-year price change: +6.2%
- 5-year price change: +14.4%
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9 / 30#22. Gardendale, AL
- Typical home value: $270,542
- 1-year price change: +2.4%
- 5-year price change: +19.2%
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10 / 30#21. Harpersville, AL
- Typical home value: $280,363
- 1-year price change: +1.9%
- 5-year price change: +16.1%
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11 / 30#20. Irondale, AL
- Typical home value: $288,291
- 1-year price change: +2.6%
- 5-year price change: +17.6%
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12 / 30#19. Pell City, AL
- Typical home value: $289,577
- 1-year price change: +3.8%
- 5-year price change: +14.3%
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13 / 30#18. Westover, AL
- Typical home value: $297,556
- 1-year price change: +2.3%
- 5-year price change: +19.4%
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14 / 30#17. Columbiana, AL
- Typical home value: $304,141
- 1-year price change: +1.7%
- 5-year price change: +12.1%
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15 / 30#16. Alabaster, AL
- Typical home value: $305,607
- 1-year price change: +2.9%
- 5-year price change: +19.8%
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16 / 30#15. Kimberly, AL
- Typical home value: $308,775
- 1-year price change: +2.8%
- 5-year price change: +20.3%
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17 / 30#14. Riverside, AL
- Typical home value: $320,795
- 1-year price change: +4.4%
- 5-year price change: +19.4%
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18 / 30#13. Shelby, AL
- Typical home value: $323,715
- 1-year price change: +2.6%
- 5-year price change: +17.3%
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19 / 30#12. Pelham, AL
- Typical home value: $324,755
- 1-year price change: +2.2%
- 5-year price change: +18.5%
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20 / 30#11. Springville, AL
- Typical home value: $330,100
- 1-year price change: +2.7%
- 5-year price change: +17.1%
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21 / 30#10. Wilsonville, AL
- Typical home value: $343,853
- 1-year price change: +2.5%
- 5-year price change: +20.0%
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22 / 30#9. Helena, AL
- Typical home value: $364,101
- 1-year price change: +2.5%
- 5-year price change: +20.5%
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23 / 30#8. Chelsea, AL
- Typical home value: $384,542
- 1-year price change: +1.0%>- 5-year price change: +16.2%
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24 / 30#7. Trussville, AL
- Typical home value: $397,013
- 1-year price change: +3.4%
- 5-year price change: +20.8%
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25 / 30#6. Hoover, AL
- Typical home value: $438,571
- 1-year price change: +3.1%
- 5-year price change: +21.7%
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26 / 30#5. Lake Purdy, AL
- Typical home value: $502,939
- 1-year price change: +2.6%
- 5-year price change: +20.9%
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27 / 30#4. Vestavia Hills, AL
- Typical home value: $567,090
- 1-year price change: +4.3%
- 5-year price change: +25.1%
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28 / 30#3. Homewood, AL
- Typical home value: $570,602
- 1-year price change: +6.5%
- 5-year price change: +21.8%
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29 / 30#2. Indian Springs Village, AL
- Typical home value: $600,809
- 1-year price change: +4.7%
- 5-year price change: +25.5%
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30 / 30#1. Mountain Brook, AL
- Typical home value: $1,049,043
- 1-year price change: +8.2%
- 5-year price change: +31.5%
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