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Featured local agent — Bessemer, AL
Sarah Mitchell
Compass Real Estate · Bessemer, AL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Bessemer, AL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$239,400median sale price
How is the Bessemer, AL housing market right now?
The median home sale price in Bessemer, AL is $239,400, down 3.1% year-over-year. Homes sell in an average of 52 days with 91 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Bessemer a buyer's or seller's market?
Bessemer, AL is currently a buyer's market, based on 4.0 months of supply and homes selling in about 52 days. How we determine this →
Homes sold
23
Last 12 weeks
Days on market
52
Average pace
Active listings
91
4.0 months supply
Sale-to-list
93.8%
Below asking
What does the Bessemer housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $239,400 |
| Median list price | $144,700 |
| Year-over-year price change | -3.1% |
| Average days on market | 52 days |
| Active inventory | 91 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 93.8% |
| Median price per sq ft | $126/sq ft |
| Homes sold (latest month) | 23 |
| New listings (latest month) | 22 |
| Listings with a price cut | 31.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Bessemer by property type?
How the Bessemer, AL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $239,400 | $126/sq ft | 23 | 52 days |
| Townhouse | $193,250 | $165/sq ft | 2 | 31 days |
Source: Redfin · Updated monthly
The Bessemer housing market is currently classified as a buyer's market with a median sale price of $239,400. Prices have fallen 3.1% compared to last year, with homes spending an average of 52 days on market, indicating 4.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.6x provides context for how home values compare to local earning capacity.
Homes for sale in Bessemer
There are currently 91 homes listed for sale in Bessemer, Alabama. The median listing price is $145K.
Active listings
91
Homes on market
Median list price
$145K
Avg. days on market
52
Days until sale
New this week
22
Newly listed
Who lives in Bessemer?
Population
25,655
Median income
$37,844/yr
Median age
42.8 years
Owner-occupied
55.1%
College grads
14.4%
Avg commute
25.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Bessemer?
Zillow home value
$135,560
Zillow rent index
$1,400/mo
Price-to-rent ratio
8.1x
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Bessemer?
Bessemer is a community of approximately 26K residents with a median age of 42.8 years.The median household income is $37,844, which represents a working-class community with solid middle-income opportunities. 14.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 55.1%, showing a blend of owner and renter-occupied properties. The average commute time is 25.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Bessemer offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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
McCalla Elementary School
Grades PK-5 · 765 students
Oak Grove High School
Grades 6-12 · 732 students
Bessemer City Middle School
Grades 6-8 · 648 students
Oak Grove Elementary School
Grades PK-5 · 575 students
Jonesboro Elementary School
Grades PK-5 · 509 students
Concord Elementary School
Grades PK-5 · 405 students
Charles F Hard Elementary School
Grades PK-5 · 350 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Bessemer, AL?
Want a head-to-head view? Compare Bessemer side-by-side with any other U.S. city using our market-comparison tool.
Is Bessemer a good real estate investment market?
For investors evaluating Bessemer, the price-to-rent ratio of 8.1x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 3.1% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Bessemer's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Bessemer's median home price.
Frequently asked questions
What is the average home price in Bessemer?
The median home sale price in Bessemer is $239,400, down 3.1% from last year.
How long do homes stay on market in Bessemer?
Homes typically spend 52 days on market before going under contract.
What is the median income in Bessemer?
The median household income is $37,844 per year.
Is Bessemer a buyer's or seller's market?
With 4.0 months of supply, Bessemer is currently a buyer's market.
What is the Zillow home value estimate for Bessemer?
The Zillow Home Value Index (ZHVI) for Bessemer is $135,560, representing the typical home value in the area.
How much does a single-family home cost in Bessemer?
The median single-family home price in Bessemer, AL is $239,400 (about $126 per square foot).
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