Housing Prices in Birmingham, AL
How much do homes in Birmingham, AL cost?
Median List Price
$239,900
$144/sqft
Based on all homes listed in May 2024.
Difference Since Last Month
Summary: The median home list price in Birmingham was $239,900 in May 2024, up 14.3% from the previous month, and the median price per square foot was $144.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $207.5K | $179K | -13.7% |
2 Bedrooms | $132.4K | $179.9K | +35.8% |
3 Bedrooms | $167.9K | $188.3K | +12.2% |
4 Bedrooms | $324.5K | $415K | +27.9% |
5+ Bedrooms | $845K | $785.7K | -7.0% |
Summary: Birmingham housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 13.7%, 2 bedroom homes increased by 35.8%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 27.9%, and 5+ bedroom homes decreased by 7%.
Median List Price Compared To Nearby Cities
Birmingham | $209.9K | $239.9K | +14.3% |
Irondale | $323K | $319.5K | -1.1% |
Fultondale | $335K | $311.3K | -7.1% |
Mountain Brook | $882.4K | $789K | -10.6% |
Housing Supply in Birmingham, AL
How many homes are available in Birmingham, AL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
372 | 675 | +81.5% |
Summary: The Birmingham real estate market had 675 homes for sale in May 2024, a 81.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 18 | 23 | +27.8% |
2 Bedrooms | 64 | 111 | +73.4% |
3 Bedrooms | 184 | 344 | +87.0% |
4 Bedrooms | 66 | 133 | +101.5% |
5+ Bedrooms | 40 | 64 | +60.0% |
Summary: The Birmingham housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 27.8%, 2 bedroom homes increased by 73.4%, 3 bedroom homes increased by 87%, 4 bedroom homes increased by 101.5%, and 5+ bedroom homes increased by 60%.
Days on Market for Birmingham, AL
How long does it take to sell a home in Birmingham, AL?
Average Listing Age
Apr 2024 | May 2024 | CHANGE |
---|---|---|
86 Days | 64 Days | -25.7% |
Summary: Homes in Birmingham had an average listing age of 64 days in May 2024, down by 25.7% compared to the previous month.