Cities with the most expensive homes in the Montgomery metro area

Written by:
September 28, 2023
Konstantin L // Shutterstock

Cities with the most expensive homes in the Montgomery metro area

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 affordability plays a huge role for buyers.

The typical home value in the United States was a record $351,423 in August, 1.3% higher than the year before. High mortgage rates are also making monthly payments more expensive; as of Sept. 21, the 30-year fixed mortgage rate sits at 7.19%.

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.

Stacker compiled a list of cities with the most expensive homes in the Montgomery metro area using data from Zillow. Charts show the monthly typical home value since January 2018.

1 / 21
Stacker

#21. Fort Deposit, AL

- Typical home value: $115,456
- 1-year price change: -3.7%
- 5-year price change: +31.6%

2 / 21
Stacker

#20. Jones, AL

- Typical home value: $132,289
- 1-year price change: -5.2%
- 5-year price change: +32.7%

3 / 21
Stacker

#19. Montgomery, AL

- Typical home value: $138,433
- 1-year price change: +3.8%
- 5-year price change: +48.9%

4 / 21
Stacker

#18. Lapine, AL

- Typical home value: $139,616
- 1-year price change: -2.1%
- 5-year price change: +31.7%

5 / 21
Stacker

#17. Grady, AL

- Typical home value: $142,682
- 1-year price change: -0.3%
- 5-year price change: +36.4%

6 / 21
Stacker

#16. Letohatchee, AL

- Typical home value: $145,245
- 1-year price change: -3.6%
- 5-year price change: +23.2%

7 / 21
Stacker

#15. Autaugaville, AL

- Typical home value: $150,319
- 1-year price change: -4.4%
- 5-year price change: +39.2%

8 / 21
Stacker

#14. Tallassee, AL

- Typical home value: $165,066
- 1-year price change: -3.0%
- 5-year price change: +36.8%

9 / 21
Stacker

#13. Ramer, AL

- Typical home value: $178,300
- 1-year price change: -1.5%
- 5-year price change: +27.3%

10 / 21
Stacker

#12. Billingsley, AL

- Typical home value: $194,485
- 1-year price change: -3.5%
- 5-year price change: +38.4%

11 / 21
Stacker

#11. Millbrook, AL

- Typical home value: $195,581
- 1-year price change: +4.2%
- 5-year price change: +41.5%

12 / 21
Stacker

#10. Marbury, AL

- Typical home value: $197,405
- 1-year price change: -2.9%
- 5-year price change: +40.9%

13 / 21
Stacker

#9. Coosada, AL

- Typical home value: $202,256
- 1-year price change: +1.4%
- 5-year price change: +34.0%

14 / 21
Stacker

#8. Elmore, AL

- Typical home value: $217,668
- 1-year price change: +4.2%
- 5-year price change: +41.6%

15 / 21
Stacker

#7. Prattville, AL

- Typical home value: $232,437
- 1-year price change: +2.9%
- 5-year price change: +39.1%

16 / 21
Stacker

#6. Hope Hull, AL

- Typical home value: $242,061
- 1-year price change: +0.4%
- 5-year price change: +35.5%

17 / 21
Stacker

#5. Wetumpka, AL

- Typical home value: $260,192
- 1-year price change: +4.5%
- 5-year price change: +42.9%

18 / 21
Stacker

#4. Deatsville, AL

- Typical home value: $272,193
- 1-year price change: +4.0%
- 5-year price change: +43.3%

19 / 21
Stacker

#3. Titus, AL

- Typical home value: $303,368
- 1-year price change: +1.5%
- 5-year price change: +41.3%

20 / 21
Stacker

#2. Eclectic, AL

- Typical home value: $368,611
- 1-year price change: +1.4%
- 5-year price change: +45.7%

21 / 21
Stacker

#1. Pike Road, AL

- Typical home value: $394,301
- 1-year price change: +1.9%
- 5-year price change: +31.5%

This story features data reporting and writing by Elena Cox, and is part of a series utilizing data automation across 379 metros.

Trending Now