The Huntsville metro area continues to see strong housing demand, though price growth has slowed compared with the peak of the pandemic. Limited housing supply and competitive buyers are keeping property values rising in many communities.
Huntsville Metro Home Values
The typical U.S. home value was $362,117 in October, up just 0.1% from last year. While rising mortgage rates have slowed price growth in some areas, certain Huntsville metro cities continue to see notable increases.
Here’s a look at some of the fastest-growing and most expensive cities in the metro area:
Owens Cross Roads, AL – Typical home: $431,308; 5-year change: +39.7%
Meridianville, AL – Typical home: $330,504; 5-year change: +40.8%
Madison, AL – Typical home: $372,820; 5-year change: +37.0%
Gurley, AL – Typical home: $332,483; 5-year change: +29.0%
Harvest, AL – Typical home: $309,203; 5-year change: +38.4%
Huntsville, AL – Typical home: $280,420; 5-year change: +35.4%
New Market, AL – Typical home: $286,764; 5-year change: +39.6%
Elkmont, AL – Typical home: $258,851; 5-year change: +41.8%
Athens, AL – Typical home: $303,537; 5-year change: +37.7%
Hazel Green, AL – Typical home: $252,911; 5-year change: +35.5%
Ardmore, AL – Typical home: $247,771; 5-year change: +39.9%
Lester, AL – Typical home: $246,035; 5-year change: +27.0%
New Hope, AL – Typical home: $207,958; 5-year change: +17.3%
What This Means for Buyers
Even with slower growth in some areas, demand remains high for affordable homes, making it a competitive market for buyers across the Huntsville metro. Cities like Owens Cross Roads, Meridianville, Madison, and Gurley are among the top hotspots where home values continue to climb.
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