Housing Prices in Birmingham, AL
How much do homes in Birmingham, AL cost?
Median List Price
$199,637
$128/sqft
Based on all homes listed in March 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Birmingham has remained the same since February.
Summary: The median home list price in Birmingham was $199,637 in March 2024, up 0.4% from the previous month, and the median price per square foot was $128.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $259.9K | $229K | -11.9% |
| 2 Bedrooms | $84.9K | $115K | +35.5% |
| 3 Bedrooms | $159.9K | $159.9K | 0.0% |
| 4 Bedrooms | $294.4K | $312.9K | +6.3% |
| 5+ Bedrooms | $690K | $727.4K | +5.4% |
Summary: Birmingham housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 11.9%, 2 bedroom homes increased by 35.5%, 3 bedroom homes did not change, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 5.4%.
Median List Price Compared To Nearby Cities
| Irondale | $269.9K | $314.9K | +16.7% |
| Tarrant | $75.4K | $84.5K | +12.1% |
| Fultondale | $254.9K | $270K | +5.9% |
| Mountain Brook | $860K | $894.5K | +4.0% |
| Birmingham | $198.9K | $199.6K | 0.4% |
Housing Supply in Birmingham, AL
How many homes are available in Birmingham, AL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 379 | 682 | +79.9% |
Summary: The Birmingham real estate market had 682 homes for sale in March 2024, a 79.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 21 | +40.0% |
| 2 Bedrooms | 59 | 109 | +84.7% |
| 3 Bedrooms | 194 | 368 | +89.7% |
| 4 Bedrooms | 76 | 134 | +76.3% |
| 5+ Bedrooms | 35 | 50 | +42.9% |
Summary: The Birmingham housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 84.7%, 3 bedroom homes increased by 89.7%, 4 bedroom homes increased by 76.3%, and 5+ bedroom homes increased by 42.9%.
Days on Market for Birmingham, AL
How long does it take to sell a home in Birmingham, AL?
Average Listing Age
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 101 Days | 73 Days | -28.2% |
Summary: Homes in Birmingham had an average listing age of 73 days in Mar 2024, down by 28.2% compared to the previous month.
