Birmingham - AL housing market

The typical home value ($263,665) is the Zillow Home Value Index for the Birmingham - AL metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 2.2% over the past year. In Birmingham - AL, that means a home worth $257,989 last year is now worth roughly $263,665.

The median sale price, what homes actually close for, is $261,643. Homes are selling at 98.8% of list price, meaning buyers have room to negotiate.

Homes listed in Birmingham - AL sit on the market for roughly 21 days before going pending. Shorter = seller's market; longer = buyer's market.

About 24.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,639 new listings hit the market each month in Birmingham - AL. There are currently 5,685 homes for sale, up 4.4% from a year ago.

The typical monthly rent in Birmingham - AL is $1,456, up 1.5% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 15.1x, toss-up (#145 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,356 a month in principal and interest, $100 less than renting before taxes, insurance and upkeep. The two break even at a 7.37% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →