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Cities with the most expensive homes in the Huntsville metro area

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Arina P Habich // Shutterstock
Arina P Habich // Shutterstock

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 Huntsville metro area using data from . Charts show the monthly typical home value since January 2018. All 13 cities and towns with data available were included in the list.

You may also like: How many homes are for sale in Huntsville right now?

#13. New Hope, AL

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#13. New Hope, AL

- Typical home value: $233,849
- 1-year price change: +6.2%
- 5-year price change: +3.2%

#12. Ardmore, AL

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#12. Ardmore, AL

- Typical home value: $253,961
- 1-year price change: +2.5%
- 5-year price change: +18.8%

#11. Lester, AL

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#11. Lester, AL

- Typical home value: $258,296
- 1-year price change: -1.1%
- 5-year price change: +8.6%

#10. Hazel Green, AL

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#10. Hazel Green, AL

- Typical home value: $265,005
- 1-year price change: +2.6%
- 5-year price change: +17.8%

#8. Huntsville, AL

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#8. Huntsville, AL

- Typical home value: $290,244
- 1-year price change: +1.3%
- 5-year price change: +14.6%

#7. New Market, AL

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#7. New Market, AL

- Typical home value: $291,341
- 1-year price change: -0.1%
- 5-year price change: +16.0%

#6. Athens, AL

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#6. Athens, AL

- Typical home value: $308,196
- 1-year price change: +1.0%
- 5-year price change: +16.5%

#5. Harvest, AL

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#5. Harvest, AL

- Typical home value: $313,633
- 1-year price change: +0.9%
- 5-year price change: +15.5%

#3. Gurley, AL

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#3. Gurley, AL

- Typical home value: $347,251
- 1-year price change: +2.1%
- 5-year price change: +11.4%

#2. Madison, AL

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#2. Madison, AL

- Typical home value: $376,375
- 1-year price change: +0.9%
- 5-year price change: +14.6%

#1. Owens Cross Roads, AL

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#1. Owens Cross Roads, AL

- Typical home value: $433,189
- 1-year price change: +1.9%
- 5-year price change: +17.7%