
Cities with the most expensive homes in the Auburn metro area
Cities with the most expensive homes in the Auburn 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 $367,369 in June, 0.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 17, the 30-year fixed mortgage rate sits at 6.75%.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 Auburn metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 4 cities and towns with data available were included in the list.

#4. Smiths Station, AL
- Typical home value: $275,611
- 1-year price change: +1.6%
- 5-year price change: +35.8%

#3. Opelika, AL
- Typical home value: $299,905
- 1-year price change: +2.2%
- 5-year price change: +35.7%

#2. Salem, AL
- Typical home value: $321,421
- 1-year price change: +4.1%
- 5-year price change: +42.5%

#1. Auburn, AL
- Typical home value: $405,418
- 1-year price change: +2.9%
- 5-year price change: +40.7%