Cities with the fastest growing home prices in Birmingham metro area

Written by:
January 19, 2023
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Cities with the fastest growing home prices in Birmingham 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 Birmingham-Hoover, 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. Data was available for 87 cities and towns in Birmingham.

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Stacker

#30. Montevallo, AL

- 1-year price change: +$22,882 (+11.4%)
- 5-year price change: +$80,390 (+56.0%)
- Typical home value: $224,022 (#50 most expensive city in metro)
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Stacker

#29. Fultondale, AL

- 1-year price change: +$23,350 (+11.6%)
- 5-year price change: +$83,017 (+58.8%)
- Typical home value: $224,236 (#49 most expensive city in metro)
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Stacker

#28. Westover, AL

- 1-year price change: +$23,631 (+9.5%)
- 5-year price change: +$91,933 (+50.8%)
- Typical home value: $272,863 (#22 most expensive city in metro)
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Stacker

#27. Verbena, AL

- 1-year price change: +$24,002 (+12.4%)
- 5-year price change: +$71,743 (+49.0%)
- Typical home value: $218,139 (#51 most expensive city in metro)
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Stacker

#26. Morris, AL

- 1-year price change: +$24,367 (+10.9%)
- 5-year price change: +$87,201 (+54.2%)
- Typical home value: $248,032 (#34 most expensive city in metro)

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Stacker

#25. Mount Olive, AL

- 1-year price change: +$24,704 (+11.4%)
- 5-year price change: +$86,002 (+55.2%)
- Typical home value: $241,763 (#36 most expensive city in metro)
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Stacker

#24. Woodstock, AL

- 1-year price change: +$24,901 (+12.2%)
- 5-year price change: +$75,235 (+49.2%)
- Typical home value: $228,219 (#46 most expensive city in metro)
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#23. Sylvan Springs, AL

- 1-year price change: +$26,297 (+13.1%)
- 5-year price change: +$84,723 (+59.7%)
- Typical home value: $226,650 (#48 most expensive city in metro)
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Stacker

#22. Columbiana, AL

- 1-year price change: +$26,303 (+11.2%)
- 5-year price change: +$90,887 (+53.4%)
- Typical home value: $260,933 (#29 most expensive city in metro)
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#21. Brierfield, AL

- 1-year price change: +$27,064 (+12.0%)
- 5-year price change: +$73,377 (+41.0%)
- Typical home value: $252,546 (#32 most expensive city in metro)

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#20. Clay, AL

- 1-year price change: +$28,064 (+12.5%)
- 5-year price change: +$92,979 (+58.5%)
- Typical home value: $251,895 (#33 most expensive city in metro)
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#19. Gardendale, AL

- 1-year price change: +$28,118 (+12.2%)
- 5-year price change: +$94,067 (+57.2%)
- Typical home value: $258,589 (#30 most expensive city in metro)
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#18. Alabaster, AL

- 1-year price change: +$28,923 (+11.3%)
- 5-year price change: +$106,169 (+59.7%)
- Typical home value: $284,000 (#16 most expensive city in metro)
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#17. Wilsonville, AL

- 1-year price change: +$29,322 (+10.2%)
- 5-year price change: +$112,717 (+55.1%)
- Typical home value: $317,460 (#11 most expensive city in metro)
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Stacker

#16. Calera, AL

- 1-year price change: +$29,708 (+14.1%)
- 5-year price change: +$91,350 (+61.5%)
- Typical home value: $239,936 (#38 most expensive city in metro)

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Stacker

#15. Irondale, AL

- 1-year price change: +$30,983 (+12.6%)
- 5-year price change: +$111,938 (+68.0%)
- Typical home value: $276,662 (#18 most expensive city in metro)
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#14. Pleasant Grove, AL

- 1-year price change: +$31,196 (+14.8%)
- 5-year price change: +$103,624 (+74.8%)
- Typical home value: $242,136 (#35 most expensive city in metro)
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#13. Shelby, AL

- 1-year price change: +$31,789 (+11.2%)
- 5-year price change: +$113,268 (+55.7%)
- Typical home value: $316,714 (#12 most expensive city in metro)
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Stacker

#12. Pelham, AL

- 1-year price change: +$33,096 (+12.7%)
- 5-year price change: +$106,111 (+56.3%)
- Typical home value: $294,569 (#14 most expensive city in metro)
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#11. Trussville, AL

- 1-year price change: +$34,263 (+10.0%)
- 5-year price change: +$125,884 (+50.2%)
- Typical home value: $376,649 (#8 most expensive city in metro)

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#10. Kimberly, AL

- 1-year price change: +$35,404 (+14.9%)
- 5-year price change: +$105,519 (+62.8%)
- Typical home value: $273,450 (#20 most expensive city in metro)
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#9. Helena, AL

- 1-year price change: +$37,220 (+12.5%)
- 5-year price change: +$119,644 (+55.8%)
- Typical home value: $333,966 (#10 most expensive city in metro)
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#8. Hoover, AL

- 1-year price change: +$41,484 (+10.9%)
- 5-year price change: +$141,637 (+50.3%)
- Typical home value: $423,106 (#7 most expensive city in metro)
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#7. Chelsea, AL

- 1-year price change: +$41,664 (+12.6%)
- 5-year price change: +$129,167 (+52.9%)
- Typical home value: $373,438 (#9 most expensive city in metro)
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#6. Indian Springs Village, AL

- 1-year price change: +$41,937 (+8.9%)
- 5-year price change: +$169,155 (+49.0%)
- Typical home value: $514,439 (#3 most expensive city in metro)

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#5. Homewood, AL

- 1-year price change: +$43,938 (+9.5%)
- 5-year price change: +$169,940 (+50.6%)
- Typical home value: $505,488 (#4 most expensive city in metro)
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#4. Vestavia Hills, AL

- 1-year price change: +$46,586 (+9.7%)
- 5-year price change: +$155,747 (+42.2%)
- Typical home value: $524,528 (#2 most expensive city in metro)
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#3. Meadowbrook, AL

- 1-year price change: +$48,042 (+12.6%)
- 5-year price change: +$137,256 (+46.8%)
- Typical home value: $430,610 (#6 most expensive city in metro)
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#2. Lake Purdy, AL

- 1-year price change: +$48,763 (+11.3%)
- 5-year price change: +$153,230 (+46.8%)
- Typical home value: $480,321 (#5 most expensive city in metro)
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#1. Mountain Brook, AL

- 1-year price change: +$92,270 (+10.8%)
- 5-year price change: +$313,676 (+49.4%)
- Typical home value: $948,448 (#1 most expensive city in metro)

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