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

+$29,966(+14.3%)

Key Takeaway

The list price of homes in Birmingham has increased by 14.3% since April.

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

# BEDSApr 2024May 2024CHANGE
1 $207.5K$179K
-13.7%
2 $132.4K$179.9K
+35.8%
3 $167.9K$188.3K
+12.2%
4 $324.5K$415K
+27.9%
5+ $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
+14.3%
Irondale
-1.1%
Fultondale
-7.1%
Mountain Brook
-10.6%

Housing Supply in Birmingham, AL

How many homes are available in Birmingham, AL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
372675+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

# BEDSApr 2024May 2024CHANGE
1 1823
+27.8%
2 64111
+73.4%
3 184344
+87.0%
4 66133
+101.5%
5+ 4064
+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 2024May 2024CHANGE
86 Days64 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Birmingham, AL

Nearby Markets to Birmingham, AL

What housing markets are near Birmingham, AL?