
323 N Eton St Unit 35C
Birmingham, MI 48009
Keller Williams Realty-Great Lakes
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Compass Real Estate · Birmingham, MI
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Housing market overview · Updated monthly ·
$725,000median sale price
The median home sale price in Birmingham, MI is $725,000, down 9.4% year-over-year. Homes sell in an average of 16 days with 109 active listings. The market is currently a seller'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.)
Birmingham, MI is currently a seller's market, based on 3.3 months of supply and homes selling in about 16 days. How we determine this →
Homes sold
33
Last 12 weeks
Days on market
16
Fast-moving
Active listings
109
3.3 months supply
Sale-to-list
100.2%
Above asking
| Metric | Value |
|---|---|
| Median sale price | $725,000 |
| Median list price | $949,900 |
| Year-over-year price change | -9.4% |
| Average days on market | 16 days |
| Active inventory | 109 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 100.2% |
| Median price per sq ft | $383/sq ft |
| Homes sold (latest month) | 33 |
| New listings (latest month) | 55 |
| Listings with a price cut | 29.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How the Birmingham, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $770,000 | $405/sq ft | 28 | 14 days |
| Condo / Co-op | $378,250 | $280/sq ft | 5 | 47 days |
Source: Redfin · Updated monthly
The Birmingham housing market is currently classified as a seller's market with a median sale price of $725,000. Prices have fallen 9.4% compared to last year, with homes spending an average of 16 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.9x provides context for how home values compare to local earning capacity.
There are currently 109 homes listed for sale in Birmingham, Michigan. The median listing price is $950K. Featured listings range from $249,900 to $2,050,000.

Birmingham, MI 48009
Keller Williams Realty-Great Lakes

Birmingham, MI 48009

Birmingham, MI 48009
Signature Sotheby's International Realty Bham

Birmingham, MI 48009
KW Professionals

Birmingham, MI 48009
Beycome Brokerage Realty LLC

Birmingham, MI 48009
The Agency Hall & Hunter

Birmingham, MI 48009
Silverstone Real Estate, LLC

Birmingham, MI 48009
Signature Sotheby's International Realty Bham

Birmingham, MI 48009
KW Domain

Birmingham, MI 48009
Max Broock, REALTORS(R)-Troy

Birmingham, MI 48009
KW Domain

Birmingham, MI 48009
EXP Z Real Estate
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Active listings
109
Homes on market
Median list price
$950K
Avg. days on market
16
Days until sale
New this week
55
Newly listed
Population
21,612
Median income
$153,125/yr
Median age
41.1 years
Owner-occupied
76.2%
College grads
76.9%
Avg commute
20.3 min
Source: U.S. Census Bureau ACS
Zillow home value
$757,616
Zillow rent index
$3,221/mo
Price-to-rent ratio
19.6x
Price-to-income
4.9x
Source: Zillow Research
Birmingham is a community of approximately 22K residents with a median age of 41.1 years.The median household income is $153,125, which reflects a relatively affluent area with strong earning potential. 76.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 76.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Birmingham offers a balanced lifestyle with accessible home values relative to local income levels.
4 schools tracked · 2,647 students
The largest public schools serving Birmingham, MI 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.
Ernest W Seaholm High School
Grades 9-12 · 1,154 students
Derby Middle School
Grades 6-8 · 613 students
Pierce Elementary School
Grades PK-5 · 514 students
Quarton Elementary
Grades PK-5 · 366 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Want a head-to-head view? Compare Birmingham side-by-side with any other U.S. city using our market-comparison tool.
For investors evaluating Birmingham, the price-to-rent ratio of 19.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 9.4% 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 Birmingham's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Birmingham's median home price.
The median home sale price in Birmingham is $725,000, down 9.4% from last year.
Homes typically spend 16 days on market before going under contract.
The median household income is $153,125 per year.
With 3.3 months of supply, Birmingham is currently a seller's market.
There are currently 109 homes listed for sale in Birmingham, MI.
The Zillow Home Value Index (ZHVI) for Birmingham is $757,616, representing the typical home value in the area.
The median condo/co-op sale price in Birmingham, MI is $378,250, compared to $770,000 for a single-family home, based on the latest Redfin data.
The median single-family home price in Birmingham, MI is $770,000 (about $405 per square foot).
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