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1 / 17#17. Perdido, AL
- Typical home value: $174,759
- 1-year price change: +5.8%
- 5-year price change: +12.7%
Cities with the most expensive homes in the Daphne 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 Daphne metro area using data from . Charts show the monthly typical home value since January 2018. All 17 cities and towns with data available were included in the list.
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2 / 17#16. Stockton, AL
- Typical home value: $205,976
- 1-year price change: -2.0%
- 5-year price change: +2.0%
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3 / 17#15. Bay Minette, AL
- Typical home value: $213,771
- 1-year price change: +0.7%
- 5-year price change: +15.8%
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4 / 17#14. Robertsdale, AL
- Typical home value: $268,665
- 1-year price change: +0.8%
- 5-year price change: +22.8%
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5 / 17#13. Seminole, AL
- Typical home value: $288,153
- 1-year price change: -0.4%
- 5-year price change: +24.1%
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6 / 17#12. Summerdale, AL
- Typical home value: $288,983
- 1-year price change: -0.5%
- 5-year price change: +20.9%
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7 / 17#11. Loxley, AL
- Typical home value: $290,432
- 1-year price change: -0.3%
- 5-year price change: +22.3%
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8 / 17#10. Silverhill, AL
- Typical home value: $294,748
- 1-year price change: +0.7%
- 5-year price change: +24.3%
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9 / 17#9. Foley, AL
- Typical home value: $302,708
- 1-year price change: -1.8%
- 5-year price change: +20.5%
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10 / 17#8. Lillian, AL
- Typical home value: $304,939
- 1-year price change: +0.1%
- 5-year price change: +27.4%
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11 / 17#7. Stapleton, AL
- Typical home value: $322,293
- 1-year price change: +1.9%
- 5-year price change: +26.2%
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12 / 17#6. Daphne, AL
- Typical home value: $328,052
- 1-year price change: +0.2%
- 5-year price change: +19.8%
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13 / 17#5. Elberta, AL
- Typical home value: $347,073
- 1-year price change: -1.3%
- 5-year price change: +14.3%
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14 / 17#4. Spanish Fort, AL
- Typical home value: $383,475
- 1-year price change: +1.0%
- 5-year price change: +20.7%
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15 / 17#3. Gulf Shores, AL
- Typical home value: $451,403
- 1-year price change: -0.4%
- 5-year price change: +11.2%
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16 / 17#2. Fairhope, AL
- Typical home value: $469,998
- 1-year price change: +1.3%
- 5-year price change: +21.2%
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17 / 17#1. Orange Beach, AL
- Typical home value: $682,786
- 1-year price change: +0.5%
- 5-year price change: +12.7%
