According to the Zillow Home Value Index data as of November 30, 2024, Alabama’s most expensive neighborhoods reflect a real estate market dominated by Huntsville’s thriving technology and aerospace sectors. Among the top 30 most expensive neighborhoods, the median home value stands at $432,223, while the mean value reaches $485,355 – a difference of over $53,000 that underscores the impact of ultra-luxury enclaves like Twickenham ($984,255) and Green Mountain ($731,267) on the overall market.
The geographic distribution of these premium neighborhoods reveals a stark concentration in Huntsville, which claims 19 of the top 30 spots, followed by Birmingham with four neighborhoods and Mobile with three. This clustering reflects Alabama’s evolving economic landscape, with Huntsville’s federal contractors and tech companies driving property values significantly higher than other major cities in the state. Notably absent from the top 30 are neighborhoods from Montgomery and Auburn, while Tuscaloosa and Pell City each contribute a single neighborhood to the list.
Recent price trends show varying degrees of market strength, with University (Tuscaloosa) and Green Mountain (Huntsville) posting the strongest year-over-year gains at 6.8% and 5.1% respectively. However, the presence of slight price decreases in some premium neighborhoods, including Monte Sano (-1.6%) and Grand Lake (-0.8%), suggests a maturing market with some price corrections in the luxury segment. The data also reveals a clear “luxury threshold” in Alabama’s real estate market, with 16 neighborhoods clustering between $400,000 and $450,000, while only four neighborhoods break the $650,000 barrier, highlighting the state’s relatively modest definition of luxury real estate compared to larger metropolitan areas nationwide.
#30. College Park (Mobile)
Located in the historic district of Mobile, College Park is a well-established neighborhood known for its traditional architecture and proximity to local universities. Home values reached $393,436 in 2024, up 3.9% from $378,551 in 2023. Historical values show $295,420 in 2020 and $230,685 in 2015.
#29. Llanfair (Mobile)
Situated in west Mobile, Llanfair is an established community known for its mature landscaping and traditional homes. Property values increased 2.6% from $388,150 in 2023 to $398,125 in 2024. Previous valuations were $301,015 in 2020 and $247,940 in 2015.
#28. Bucks Canyon (Huntsville)
Located in southeast Huntsville near Jones Valley, Bucks Canyon showed a slight decrease (-0.2%) from $401,284 in 2023 to $400,333 in 2024. The neighborhood had values of $306,629 in 2020, with no data available for 2015.
#27. Forest Park (Birmingham)
Forest Park, one of Birmingham’s historic neighborhoods located just south of downtown, saw a modest 0.3% increase from $409,236 in 2023 to $410,353 in 2024. Historical values were $341,606 in 2020 and $237,004 in 2015.
#26. Riverside Landing (Huntsville)
Positioned along the Tennessee River in Huntsville, Riverside Landing showed minimal growth (0.01%) from $411,578 in 2023 to $411,611 in 2024. Previous values were $290,786 in 2020 and $236,152 in 2015.
#25. Cropwell (Pell City)
Located along Logan Martin Lake in Pell City, Cropwell experienced significant growth of 4.7% from $393,465 in 2023 to $411,898 in 2024. Historical values were $294,463 in 2020 and $228,350 in 2015.
#24. University (Tuscaloosa)
Adjacent to the University of Alabama in Tuscaloosa, this neighborhood saw strong growth of 6.8% from $386,092 in 2023 to $412,314 in 2024. Previous values were $309,223 in 2020 and $270,761 in 2015.
#23. Briarwood (Huntsville)
Located in southeast Huntsville, Briarwood experienced 1.9% growth from $406,327 in 2023 to $413,932 in 2024. Historical values were $295,338 in 2020 and $235,226 in 2015.
#22. Indian Creek Cove (Huntsville)
Situated in southeast Huntsville near Jones Valley, Indian Creek Cove saw a 1.4% increase from $409,203 in 2023 to $414,893 in 2024. Previous values were $296,249 in 2020 and $236,570 in 2015.
#21. Monte Sano (Huntsville)
Perched atop Monte Sano Mountain in Huntsville, this neighborhood experienced a -1.6% decrease from $424,334 in 2023 to $417,365 in 2024. Historical values were $293,709 in 2020 and $230,629 in 2015.
#20. Mountain Brook (Huntsville)
Located in southeast Huntsville, Mountain Brook saw a 0.7% increase from $414,989 in 2023 to $417,976 in 2024. The neighborhood had values of $302,054 in 2020, with no data available for 2015.
#19. Grand Lake (Huntsville)
Situated in south Huntsville, Grand Lake experienced a -0.8% decrease from $423,845 in 2023 to $420,574 in 2024. Previous values show $301,771 in 2020, with no data available for 2015.
#18. Sunrise Valley (Huntsville)
Located in southeast Huntsville, Sunrise Valley saw a 0.4% increase from $420,577 in 2023 to $422,436 in 2024. Historical values show $302,561 in 2020, with no data available for 2015.
#17. Crestline (Birmingham)
Part of the historic Crestline area in Birmingham’s east side, this neighborhood experienced 2.0% growth from $415,968 in 2023 to $424,392 in 2024. Previous values were $314,070 in 2020 and $220,785 in 2015.
#16. The Reserve (Huntsville)
Located in southeast Huntsville, The Reserve showed 1.2% growth from $420,441 in 2023 to $425,396 in 2024. Historical values were $283,398 in 2020 and $236,846 in 2015.
#15. Piedmont (Huntsville)
Situated in southeast Huntsville, Piedmont experienced a slight decrease (-0.04%) from $439,222 in 2023 to $439,050 in 2024. Previous values were $313,940 in 2020 and $256,398 in 2015.
#14. College Hill (Huntsville)
Located near downtown Huntsville, College Hill saw 1.7% growth from $433,143 in 2023 to $440,304 in 2024. Historical values were $318,135 in 2020 and $242,218 in 2015.
#13. Bishop Farms (Huntsville)
Situated in south Huntsville, Bishop Farms showed 0.3% growth from $439,455 in 2023 to $440,821 in 2024. The neighborhood had values of $324,709 in 2020, with no data available for 2015.
#12. Meadowbrook (Birmingham)
Located in the eastern suburbs of Birmingham, Meadowbrook experienced 2.0% growth from $435,821 in 2023 to $444,338 in 2024. Previous values show $328,661 in 2020, with no data available for 2015.
#11. Mt. Carmel (Huntsville)
Situated in southeast Huntsville, Mt. Carmel saw 0.2% growth from $460,370 in 2023 to $461,203 in 2024. Historical values were $328,547 in 2020 and $263,982 in 2015.
#10. Rochon (Theodore)
Located in Theodore, south of Mobile, Rochon experienced 3.9% growth from $452,320 in 2023 to $469,952 in 2024. Previous values were $343,043 in 2020 and $237,564 in 2015.
#9. Montdale (Huntsville)
Located in southeast Huntsville, Montdale showed 1.9% growth from $468,410 in 2023 to $477,133 in 2024. Historical values were $333,954 in 2020 and $258,655 in 2015.
#8. Fagan Springs (Huntsville)
Situated in southeast Huntsville near Jones Valley, Fagan Springs experienced 2.0% growth from $491,281 in 2023 to $501,121 in 2024. Previous values were $363,984 in 2020 and $300,503 in 2015.
#7. Jones Valley Estates (Huntsville)
Located in southeast Huntsville within the popular Jones Valley area, this neighborhood saw 2.4% growth from $508,792 in 2023 to $521,127 in 2024. Historical values were $388,059 in 2020 and $320,817 in 2015.
#6. Greenwycke Village (Huntsville)
Situated in south Huntsville, Greenwycke Village experienced 0.6% growth from $551,297 in 2023 to $554,789 in 2024. Previous values were $430,959 in 2020 and $338,860 in 2015.
#5. Redmont Park (Birmingham)
Perched on Red Mountain overlooking downtown Birmingham, Redmont Park showed a slight decrease (-0.04%) from $588,554 in 2023 to $588,338 in 2024. Historical values were $460,580 in 2020 and $364,262 in 2015.
#4. Covemont (Huntsville)
Located in southeast Huntsville near Hampton Cove, Covemont saw 0.5% growth from $649,418 in 2023 to $652,919 in 2024. Previous values were $476,971 in 2020 and $404,072 in 2015.
#3. Country Club (Mobile)
Situated in the historic Spring Hill area of Mobile, the Country Club neighborhood experienced 3.2% growth from $638,392 in 2023 to $658,999 in 2024. Historical values were $476,227 in 2020 and $403,022 in 2015.
#2. Green Mountain (Huntsville)
Located on Green Mountain in southeast Huntsville, this exclusive neighborhood saw 5.1% growth from $695,946 in 2023 to $731,267 in 2024. Previous values were $483,836 in 2020 and $393,206 in 2015.
#1. Twickenham (Huntsville)
Situated in downtown Huntsville and known for its historic district status, Twickenham remains Alabama’s most expensive neighborhood with 2.2% growth from $962,956 in 2023 to $984,255 in 2024. Historical values were $686,448 in 2020 and $547,398 in 2015.
