Housing Prices in Bessemer, AL

How much do homes in Bessemer, AL cost?

Median List Price

$239,900

$134/sqft

Based on all homes listed in March 2024.

Difference Since Last Month

-$30,100(-11.1%)

Key Takeaway

The list price of homes in Bessemer has decreased by 11.1% since February.

Summary: The median home list price in Bessemer was $239,900 in March 2024, down 11.1% from the previous month, and the median price per square foot was $134.

Median List Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$119K
N/A
2 $117.5K$147.5K
+25.5%
3 $196.5K$207.4K
+5.6%
4 $319.9K$312.2K
-2.4%
5+ $352.4K$362.4K
+2.8%

Summary: Bessemer housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 2.8%.

Median List Price Compared To Nearby Cities

Hueytown
+31.5%
Greenwood
-3.0%
Bessemer
-11.1%
Brighton
-39.2%

Housing Supply in Bessemer, AL

How many homes are available in Bessemer, AL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
63123+95.2%

Summary: The Bessemer real estate market had 123 homes for sale in March 2024, a 95.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 614
+133.3%
3 3064
+113.3%
4 2336
+56.5%
5+ 48
+100.0%

Summary: The Bessemer housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 133.3%, 3 bedroom homes increased by 113.3%, 4 bedroom homes increased by 56.5%, and 5+ bedroom homes increased by 100%.

Days on Market for Bessemer, AL

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

Average Listing Age

Feb 2024Mar 2024CHANGE
93 Days65 Days-29.8%

Summary: Homes in Bessemer had an average listing age of 65 days in Mar 2024, down by 29.8% compared to the previous month.

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

Report Updated 22 Days Ago

Newest Listings in Bessemer, AL

Nearby Markets to Bessemer, AL

What housing markets are near Bessemer, AL?