Housing Prices in Homewood, AL
How much do homes in Homewood, AL cost?
Median List Price
$599,900
$276/sqft
Based on all homes listed in April 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Homewood has increased by 14.3% since March.
Summary: The median home list price in Homewood was $599,900 in April 2024, up 14.3% from the previous month, and the median price per square foot was $276.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $134K | $134K | 0.0% |
| 2 Bedrooms | $178.5K | $185K | +3.6% |
| 3 Bedrooms | $457.4K | $532.4K | +16.4% |
| 4 Bedrooms | $694.9K | $799.9K | +15.1% |
| 5+ Bedrooms | $2.2M | $1.2M | -43.2% |
Summary: Homewood housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes decreased by 43.2%.
Median List Price Compared To Nearby Cities
| Homewood | $524.9K | $599.9K | +14.3% |
| Vestavia Hills | $530K | $525K | -0.9% |
| Hoover | $488.4K | $470.2K | -3.7% |
| Mountain Brook | $899K | $845K | -6.0% |
Housing Supply in Homewood, AL
How many homes are available in Homewood, AL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 55 | +189.5% |
Summary: The Homewood real estate market had 55 homes for sale in April 2024, a 189.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 5 | 11 | +120.0% |
| 3 Bedrooms | 4 | 16 | +300.0% |
| 4 Bedrooms | 8 | 18 | +125.0% |
| 5+ Bedrooms | 1 | 7 | +600.0% |
Summary: The Homewood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 120%, 3 bedroom homes increased by 300%, 4 bedroom homes increased by 125%, and 5+ bedroom homes increased by 600%.
Days on Market for Homewood, AL
How long does it take to sell a home in Homewood, AL?
Average Listing Age
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 104 Days | 50 Days | -51.3% |
Summary: Homes in Homewood had an average listing age of 50 days in Apr 2024, down by 51.3% compared to the previous month.
