Bessemer, AL

Buyer's market+29.4% YoY

Housing market overview · Updated weekly

$220,000median sale price

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

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%

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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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