Housing Prices in Birmingham, AL

How much do homes in Birmingham, AL cost?

Median List Price

$219,900

$139/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

+$5,000(+2.3%)

Key Takeaway

The list price of homes in Birmingham has increased by 2.3% since September.

Summary: The median home list price in Birmingham was $219,900 in October 2024, up 2.3% from the previous month, and the median price per square foot was $139.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $204K$200K
-2.0%
2 $130K$178K
+36.9%
3 $179.9K$179.9K
0.0%
4 $439.9K$439.9K
0.0%
5+ $724.9K$712.4K
-1.7%

Summary: Birmingham housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes increased by 36.9%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 1.7%.

Median List Price Compared To Nearby Cities

Mountain Brook
+11.4%
Irondale
+3.5%
Birmingham
+2.3%
Tarrant
0.0%
Fultondale
-2.8%

Housing Supply in Birmingham, AL

How many homes are available in Birmingham, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
506866+71.1%

Summary: The Birmingham real estate market had 866 homes for sale in October 2024, a 71.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1527
+80.0%
2 69115
+66.7%
3 284487
+71.5%
4 95167
+75.8%
5+ 4370
+62.8%

Summary: The Birmingham housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 80%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 71.5%, 4 bedroom homes increased by 75.8%, and 5+ bedroom homes increased by 62.8%.

Days on Market for Birmingham, AL

How long does it take to sell a home in Birmingham, AL?

Average Listing Age

Sep 2024Oct 2024CHANGE
76 Days62 Days-18.4%

Summary: Homes in Birmingham had an average listing age of 62 days in Oct 2024, down by 18.4% compared to the previous month.

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

Report Updated 17 Days Ago

Newest Listings in Birmingham, AL

Nearby Markets to Birmingham, AL

What housing markets are near Birmingham, AL?