Best Places To Buy A House In Alabama For 2020


Using science and data, we can tell you which places in Alabama have seen home prices rising and people flocking over the past year.

Editor’s note: This is not investment advice and we are not financial advisers. Article updated for 2020.

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There's a the age old question everyone thinks about when they decide to move to a city in Alabama:

Should I buy a place or rent? Well, we aren't here today to solve that problem for you exactly. We are just assuming you'll do the right thing and a buy a place. And while we are happy to tell you the best place to live in Alabama, this analysis is going to tackle the question of the best place to buy a house as an investor. That is we are going to try and determine the up and coming cities in the Heart of Dixie.

To do that we are going to look at places in Alabama that are growing faster than average, but where home prices are below average. In every day terms, the "deals". The best deal in Alabama at the moment? That would be Tallassee according to our analysis.

Here's a look at the top ten places to buy a home in alabama for 2020:

  1. Tallassee (Photos | Homes For Sale)
  2. Rainsville (Photos | Homes For Sale)
  3. Daleville (Photos | Homes For Sale)
  4. Glencoe (Photos | Homes For Sale)
  5. Midfield (Photos | Homes For Sale)
  6. Brewton (Photos | Homes For Sale)
  7. Smiths Station (Photos | Homes For Sale)
  8. Chickasaw (Photos | Homes For Sale)
  9. Attalla (Photos | Homes For Sale)
  10. Orange Beach (Photos | Homes For Sale)

What's the best place to buy a home in Alabama for 2020? According to our analysis, would the the ideal place to buy a home looking into the future.

The methodology that wen't into this can be a bit complicated, so we'll break it down for you in as much detail as we can below. If you're not worried about finding a deal on good places to live, check out the most expensive places to live in alabama and, for those of you on a budget, the cheapest places to live in alabama.

For more Alabama reading, check out:

The 10 Best Cities To Buy A House In Alabama For 2020

Tallassee, AL

Overall SnackAbility

3
/10

Population: 5,013
Median Home Price: $111,500
Population Change: 0.9%
Home Price Change: 28.3%
More on Tallassee: PhotosHomes For Sale | Data

The historic Creek peoples in this area are believed to have descended from the Mississippian culture, which flourished throughout the Mississippi and Ohio river valleys and the Southeast from about 1000 to 1450. They were mound builders, who created massive earthwork mounds as structures for political and religious purposes. They relied greatly on fishing and riverway trading at their major sites.

Rainsville, AL

Overall SnackAbility

4
/10

Population: 5,018
Median Home Price: $113,000
Population Change: 0.1%
Home Price Change: -2.9%
More on Rainsville: PhotosHomes For Sale | Data

Daleville, AL

Overall SnackAbility

4
/10

Population: 5,113
Median Home Price: $98,500
Population Change: -0.5%
Home Price Change: 2.3%
More on Daleville: PhotosHomes For Sale | Data

Daleville, originally known as "Dale's Court House", was founded in 1827 by veterans of the Creek Indian War who had settled in Dale County following that conflict. It was established as the original county seat of Dale County in 1827 but lost that honor when Coffee County split from Dale in 1841, at which time the seat was moved first to Newton, and then later to Ozark in 1870, where it remains today.

Glencoe, AL

Overall SnackAbility

5
/10

Population: 5,120
Median Home Price: $142,200
Population Change: 0.1%
Home Price Change: 6.9%
More on Glencoe: PhotosHomes For Sale | Data

Midfield, AL

Source: Wikipedia
Overall SnackAbility

5
/10

Population: 5,158
Median Home Price: $75,300
Population Change: -0.3%
Home Price Change: -4.2%
More on Midfield: PhotosHomes For Sale | Data

Brewton, AL

Overall SnackAbility

3
/10

Population: 5,263
Median Home Price: $113,400
Population Change: -0.3%
Home Price Change: 5.0%
More on Brewton: PhotosHomes For Sale | Data

In May 1861, the city of Brewton began as a train station under Edmund Troupe Bruton. The settlement was originally known as Newport when barges made runs to and from Pensacola, Florida on Murder Creek and Burnt Corn Creek before the installation of rail.

Smiths Station, AL

Overall SnackAbility

5
/10

Population: 5,349
Median Home Price: $146,200
Population Change: 0.7%
Home Price Change: 11.1%
More on Smiths Station: PhotosHomes For Sale | Data

Smiths Station was first settled in 1826. The Central of Georgia Railway was extended through the community from Columbus, Georgia to Opelika, Alabama in 1845. The depot was named for Mr. Broadus Smith, a prominent early settler who lived near the city's current location.

Chickasaw, AL

Source: Public domain
Overall SnackAbility

5
/10

Population: 5,837
Median Home Price: $75,500
Population Change: -0.9%
Home Price Change: -4.7%
More on Chickasaw: PhotosHomes For Sale | Data

The present site of Chickasaw was, in the early 20th century before the city now standing was incorporated, a company town, wholly owned by companies such as the Gulf Shipbuilding Corporation. It was the subject of a Supreme Court of the United States decision ), which stated that despite being a privately owned town, because it functioned as a town open to the public, the right conferred by the First Amendment to the United States Constitution cannot be abridged.

Attalla, AL

Overall SnackAbility

5
/10

Population: 5,847
Median Home Price: $70,900
Population Change: -0.6%
Home Price Change: -9.1%
More on Attalla: PhotosHomes For Sale | Data

The town occupies the site of an Indian village which was of considerable importance during the Creek War. It was in Attalla that David Brown, a Cherokee assisted by the Rev. D. S. Butterick, prepared the Cherokee Spelling Book.

Orange Beach, AL

Overall SnackAbility

8
/10

Population: 5,927
Median Home Price: $295,500
Population Change: 1.7%
Home Price Change: 15.2%
More on Orange Beach: PhotosHomes For Sale | Data

How do you determine the best places to buy a home in alabama for 2020?

We were in real estate for almost five years and have been working on this site for another three. Suffice is to say, we've put a lot of thought into what goes into finding a good place to buy a home.

So all that thinking has come to this moment where we get to spell out how we'd approach finding an up-and-coming place to live in Alabama. Put differently, the analysis will try to find places in Alabama with undervalued homes relative to pent up demand.

To do that we looked at the most recent American Community Survey Census data for 2014-2018 and compared it to the previous vintage (2012-2016). Specifically, we used the following criteria:

  • Y-o-Y Change In Population (People want to live here)
  • Y-o-Y Change In Median Home Prices (People are willing to pay for it)
  • Home Prices Relative To The State Average (It's still kinda cheap)

We want places that are growing, have seen home prices increase in recent years, and are still "cheap" for Alabama with the following caveats:

So of the 0 cities and towns in Alabama, only 104 places made it through our initial filters to even be considered.

We then ranked each place from 1 to 104 for the criteria mentioned above with 1 being the best for that criteria. We averaged the rankings to create a "best place to buy" index with the place having the lowest index being the best. You can download the data here.

Turns out that Tallassee is the best potential gem in the not-so-rough in the Heart of Dixie.

Read on for more on these places.

There You Have It - The Best Places To Purchase A House In alabama for 2020

There's our analysis of the best places to buy a house in Alabama. And, to be clear, we aren't necessarily saying these places are the best places to live, just that it looks like they might be in a couple of years based on the data.

In fact, every place in the following table meets our criteria, so even though it may not look super long, remember we started off with all 0 places in the state.

So if we'd could rent or buy in these cities, we'd definitely buy.

For more alabama reading, check out:

Detailed List Of The Best Places To Buy A Home In Alabama

City Rank Median Home Price Population Change Home Price Increase
Tallassee 1 $111,500 0.9% 28.3%
Rainsville 2 $113,000 0.1% -2.9%
Daleville 3 $98,500 -0.5% 2.3%
Glencoe 4 $142,200 0.1% 6.9%
Midfield 5 $75,300 -0.3% -4.2%
Brewton 6 $113,400 -0.3% 5.0%
Smiths Station 7 $146,200 0.7% 11.1%
Chickasaw 8 $75,500 -0.9% -4.7%
Attalla 9 $70,900 -0.6% -9.1%
Orange Beach 10 $295,500 1.7% 15.2%
Roanoke 11 $78,900 0.3% -0.5%
Monroeville 12 $124,500 -1.0% 14.9%
Satsuma 13 $150,400 0.1% -1.9%
Tarrant 14 $76,000 -0.4% -0.7%
Lanett 15 $98,300 -0.4% 1.2%
Opp 16 $84,500 -0.9% -5.5%
Robertsdale 17 $136,100 11.4% 8.8%
Oneonta 18 $161,500 -0.2% 6.7%
Lincoln 19 $116,600 0.9% -3.5%
Montevallo 20 $155,400 0.4% -2.5%
Hamilton 21 $97,000 -0.8% -0.7%
Demopolis 22 $130,600 -1.2% 13.1%
Pinson 23 $130,000 -5.8% -1.3%
Greenville 24 $109,600 -0.7% -2.1%
Wetumpka 25 $138,000 4.1% 4.5%
Arab 26 $149,400 0.4% 3.9%
Spanish Fort 27 $254,600 3.8% -1.8%
Guntersville 28 $190,700 0.5% 8.7%
Tuscumbia 29 $108,800 -0.3% 1.4%
Tuskegee 30 $77,600 -1.7% 4.3%
Clanton 31 $120,500 0.3% 8.9%
Southside 32 $157,300 1.3% -1.0%
Andalusia 33 $108,200 -0.6% -2.0%
Pike Road 34 $278,000 5.5% 6.4%
Sheffield 35 $91,600 -0.2% 4.4%
Bay Minette 36 $130,000 1.1% 7.1%
Fultondale 37 $143,300 0.9% 7.0%
Valley 38 $85,000 -0.3% 0.5%
Boaz 39 $107,400 -0.3% -3.6%
Rainbow City 40 $158,500 0.2% 5.5%
Clay 41 $148,800 -0.3% -2.7%
Russellville 42 $93,700 -0.0% -8.0%
Atmore 43 $96,100 -2.2% -3.0%
Pleasant Grove 44 $154,400 -0.4% 2.3%
Fairfield 45 $97,700 -0.6% 1.7%
Gulf Shores 46 $242,400 5.9% -3.5%
Eufaula 47 $127,600 -1.4% 5.8%
Leeds 48 $158,900 4.2% 3.5%
Sylacauga 49 $120,800 -0.8% 2.5%
Irondale 50 $136,900 0.2% 5.1%
Chelsea 51 $222,800 3.6% 0.4%
Jacksonville 52 $149,800 -0.6% 1.8%
Moody 53 $158,000 1.3% 4.1%
Calera 54 $144,000 2.6% 2.1%
Pell City 55 $171,200 1.0% 3.4%
Jasper 56 $144,900 -0.9% 4.8%
Muscle Shoals 57 $143,100 1.3% 2.5%
Gardendale 58 $165,500 0.6% 5.2%
Fort Payne 59 $119,400 -0.1% -5.3%
Saraland 60 $138,800 1.7% 1.9%
Hartselle 61 $137,600 0.1% 1.9%
Ozark 62 $108,300 -0.6% 1.6%
Scottsboro 63 $124,000 -0.4% -5.0%
Alexander City 64 $107,800 -0.6% 2.5%
Millbrook 65 $150,300 1.1% 3.2%
Cullman 66 $140,200 3.0% -0.4%
Hueytown 67 $111,000 -0.7% -0.8%
Talladega 68 $89,100 -0.9% 5.4%
Center Point 69 $98,300 -0.6% 0.1%
Foley 70 $170,300 2.9% 5.6%
Helena 71 $189,900 -0.4% 1.6%
Selma 72 $90,200 -1.9% 1.2%
Troy 73 $152,300 0.7% 3.2%
Fairhope 74 $256,400 3.9% 7.3%
Mountain Brook 75 $602,200 0.1% 4.2%
Oxford 76 $138,100 -0.1% 3.0%
Albertville 77 $111,100 0.6% -3.1%
Trussville 78 $241,700 2.7% 2.5%
Anniston 79 $96,900 -0.8% 1.3%
Prichard 80 $68,000 -0.6% 0.9%
Pelham 81 $181,600 1.3% 3.6%
Athens 82 $154,000 1.8% 7.1%
Daphne 83 $190,900 2.7% 0.6%
Northport 84 $171,300 3.0% 4.4%
Homewood 85 $333,600 -0.3% 4.5%
Bessemer 86 $83,500 0.2% -0.6%
Enterprise 87 $170,700 0.3% -0.7%
Opelika 88 $152,500 1.5% 0.7%
Alabaster 89 $170,900 1.0% 1.8%
Vestavia Hills 90 $364,000 0.5% 0.9%
Gadsden 91 $72,400 -0.6% 5.2%
Prattville 92 $156,400 1.1% -0.9%
Phenix City 93 $126,200 -0.6% 2.3%
Florence 94 $134,500 0.7% 6.2%
Madison 95 $245,000 2.5% 2.3%
Decatur 96 $133,000 -0.4% 1.8%
Auburn 97 $251,000 2.5% 6.3%
Dothan 98 $146,800 0.1% 2.1%
Hoover 99 $280,400 0.4% 3.2%
Tuscaloosa 100 $173,900 1.5% 1.1%

How Is The Area In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

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