Cities with the fastest growing home prices in Auburn metro area

Written by:
January 19, 2023
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Cities with the fastest growing home prices in Auburn metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Auburn-Opelika, AL metro area using data from Zillow. Cities are ranked by 1-year price change as of December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 4 cities and towns with data available were included in the list.

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1 / 4
Stacker

#4. Smiths Station, AL

- 1-year price change: +$43,361 (+21.5%)
- 5-year price change: +$80,769 (+49.3%)
- Typical home value: $244,757 (#4 most expensive city in metro)
2 / 4
Stacker

#3. Salem, AL

- 1-year price change: +$51,849 (+22.4%)
- 5-year price change: +$111,579 (+64.9%)
- Typical home value: $283,463 (#2 most expensive city in metro)
3 / 4
Stacker

#2. Opelika, AL

- 1-year price change: +$54,851 (+27.2%)
- 5-year price change: +$103,181 (+67.3%)
- Typical home value: $256,484 (#3 most expensive city in metro)
4 / 4
Stacker

#1. Auburn, AL

- 1-year price change: +$65,702 (+22.6%)
- 5-year price change: +$142,287 (+66.3%)
- Typical home value: $356,760 (#1 most expensive city in metro)

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