Housing Prices
How much do homes in Birmingham, AL cost?
Median List Price
$225,000
$136/sqft
Based on all homes listed in October 2023.
Difference Since Last Month
Summary: The median home list price in Birmingham was $225,000 in October 2023, up 12.8% from the previous month, and the median price per square foot was $136.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Sep 2023 | Oct 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $184.5K | $201.9K | +9.5% |
2 Bedrooms | $149.9K | $180K | +20.1% |
3 Bedrooms | $169K | $174.9K | +3.5% |
4 Bedrooms | $372.4K | $369.9K | -0.7% |
5+ Bedrooms | $693K | $845K | +21.9% |
Summary: Birmingham housing prices by bedroom type for October 2023 compared to the previous month: The home price of 1 bedroom homes increased by 9.5%, 2 bedroom homes increased by 20.1%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 21.9%.
Median List Price Compared To Nearby Cities
Birmingham | $199.5K | $225K | +12.8% |
Irondale | $279K | $279.9K | 0.3% |
Mountain Brook | $945K | $919.9K | -2.7% |
Tarrant | $84.9K | $81.9K | -3.5% |
Housing Supply
How many homes are available in Birmingham, AL?
Number of Homes For Sale
Sep 2023 | Oct 2023 | CHANGE |
---|---|---|
241 | 473 | +96.3% |
Summary: The Birmingham real estate market had 473 homes for sale in October 2023, a 96.3% increase compared to September 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Sep 2023 | Oct 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 16 | +166.7% |
2 Bedrooms | 27 | 66 | +144.4% |
3 Bedrooms | 141 | 256 | +81.6% |
4 Bedrooms | 48 | 98 | +104.2% |
5+ Bedrooms | 19 | 37 | +94.7% |
Summary: The Birmingham housing inventory by bedroom type for October 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 166.7%, 2 bedroom homes increased by 144.4%, 3 bedroom homes increased by 81.6%, 4 bedroom homes increased by 104.2%, and 5+ bedroom homes increased by 94.7%.
Days on Market
How long does it take to sell a home in Birmingham, AL?
Average Listing Age
Sep 2023 | Oct 2023 | CHANGE |
---|---|---|
89 Days | 61 Days | -30.9% |
Summary: Homes in Birmingham had an average listing age of 61 days in Oct 2023, down by 30.9% compared to the previous month.