Bessemer, AL Housing Market & Real Estate

Buyer's market+29.4% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Bessemer, AL is $220,000, up 29.4% year-over-year. Homes sell in an average of 120 days with 97 active listings. The market is currently a buyer's market.

$220,000median sale price

Is Bessemer a buyer's or seller's market?

Buyer's market7.5 months of supply120 avg. days on market

Bessemer, AL is currently a buyer's market, based on 7.5 months of supply and homes selling in about 120 days. How we determine this →

Homes sold

13

Last 12 weeks

Days on market

120

Average pace

Active listings

97

7.5 months supply

Sale-to-list

96.1%

Below asking

Bessemer, AL market data

Current housing market statistics for Bessemer, AL
MetricValue
Median sale price$220,000
Median list price$189,000
Year-over-year price change+29.4%
Average days on market120 days
Active inventory97 listings
Months of supply7.5 months
Sale-to-list price ratio96.1%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Bessemer housing market is currently classified as a buyer's market with a median sale price of $220,000. Prices have risen 29.4% compared to last year, with homes spending an average of 120 days on market, indicating 7.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Bessemer

There are currently 97 homes listed for sale in Bessemer, Alabama. The median listing price is $189K.

Active listings

97

Homes on market

Median list price

$189K

Avg. days on market

120

Days until sale

New this week

29

Newly listed

Price drops:32.0%of listings
Sale-to-list:96.1%

Top public schools in Bessemer

16 schools tracked · 6,068 students

The largest public schools serving Bessemer, AL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Bessemer City High School

Grades 9-12 · 805 students

Public

McCalla Elementary School

Grades PK-5 · 765 students

Public

Oak Grove High School

Grades 6-12 · 732 students

Public

Bessemer City Middle School

Grades 6-8 · 648 students

Public

Oak Grove Elementary School

Grades PK-5 · 575 students

Public

Jonesboro Elementary School

Grades PK-5 · 509 students

Public

Concord Elementary School

Grades PK-5 · 405 students

Public

Charles F Hard Elementary School

Grades PK-5 · 350 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in AL

Frequently asked questions

What is the average home price in Bessemer?

The median home sale price in Bessemer is $220,000, up 29.4% from last year.

How long do homes stay on market in Bessemer?

Homes typically spend 120 days on market before going under contract.

Is Bessemer a buyer's or seller's market?

With 7.5 months of supply, Bessemer is currently a buyer's market.

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