Birmingham, AL
Housing market overview · Updated weekly
$174,000median sale price
Homes sold
123
Last 12 weeks
Days on market
96
Average pace
Active listings
939
7.6 months supply
Sale-to-list
95.6%
Below asking
The Birmingham housing market is currently classified as a buyer's market with a median sale price of $174,000. Prices have fallen 12.2% compared to last year, with homes spending an average of 96 days on market, indicating 7.6 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
Explore nearby cities in AL
Frequently asked questions
What is the average home price in Birmingham?
The median home sale price in Birmingham is $174,000, down 12.2% from last year.
How long do homes stay on market in Birmingham?
Homes typically spend 96 days on market before going under contract.
Is Birmingham a buyer's or seller's market?
With 7.6 months of supply, Birmingham is currently a buyer's market.
Get Birmingham market alerts
Weekly updates on prices, inventory, and trends. Free forever.