Birmingham - AL housing market
The Birmingham metro has a typical home value of $263,726, up 2.0% from a year ago. Homes are moving fast at 18 days on market, a strong seller's market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($263,726) 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 2.0% over the past year. In Birmingham - AL, that means a home worth $258,555 last year is now worth roughly $263,726.
The median sale price , what homes actually close for , is $266,044. Homes are selling at 98.7% of list price, meaning buyers have room to negotiate.
Homes listed in Birmingham - AL sit on the market for roughly 18 days before going pending. Shorter = seller's market; longer = buyer's market.
About 23.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 1,667 new listings hit the market each month in Birmingham - AL. There are currently 5,587 homes for sale, up 4.5% from a year ago.
The typical monthly rent in Birmingham - AL is $1,462, up 1.2% year over year. For investors, the price-to-rent ratio here is roughly 15x annual rent.
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.
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Other metros in AL
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Huntsville - AL | $318,078 | +0.8% | 21.0d |
| Mobile - AL | $198,132 | +-0.0% | 28.0d |
| Montgomery - AL | $215,528 | +3.8% | 24.0d |
| Tuscaloosa - AL | $221,785 | +0.3% | 31.0d |