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

+$25,483(+12.8%)

Key Takeaway

The list price of homes in Birmingham has increased by 12.8% since September.

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

# BEDSSep 2023Oct 2023CHANGE
1 $184.5K$201.9K
+9.5%
2 $149.9K$180K
+20.1%
3 $169K$174.9K
+3.5%
4 $372.4K$369.9K
-0.7%
5+ $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
+12.8%
Irondale
0.3%
Mountain Brook
-2.7%
Tarrant
-3.5%

Housing Supply

How many homes are available in Birmingham, AL?

Number of Homes For Sale

Sep 2023Oct 2023CHANGE
241473+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

# BEDSSep 2023Oct 2023CHANGE
1 616
+166.7%
2 2766
+144.4%
3 141256
+81.6%
4 4898
+104.2%
5+ 1937
+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 2023Oct 2023CHANGE
89 Days61 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.

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

Report Updated 27 Days Ago

Newest Listings

Nearby Markets

What housing markets are near Birmingham, AL?