Birmingham - AL housing market
The Birmingham metro has a typical home value of $259,928, up 1.8% from a year ago. Homes are moving fast at 18 days on market - a strong seller's market. 21% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($259,928) 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 1.8% over the past year. In Birmingham - AL, that means a home worth $255,332 last year is now worth roughly $259,928.
The median sale price , what homes actually close for , is $262,550. Homes are selling at 97.5% 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 20.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 1,603 new listings hit the market each month in Birmingham - AL. There are currently 5,403 homes for sale, up 9.5% from a year ago.
The typical monthly rent in Birmingham - AL is $1,422, up 1.4% 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 | $314,472 | +0.7% | 26.0d |
| Mobile - AL | $195,585 | -0.8% | 25.0d |
| Montgomery - AL | $211,758 | +3.5% | 23.0d |
| Tuscaloosa - AL | $221,334 | +0.2% | 24.0d |