Birmingham, AL Home Values & Market Trends

Real estate market trends reflect that there have been 6,781 transactions over the past year in Birmingham. The median value for residential home transactions that occurred over the previous year is $156,098.13. The number of current listings in Birmingham is 655, and the percentage of properties for sale in the city is 655.00%. Birmingham, AL currently has 182 properties in foreclosure, 61 bank owned properties, 121 properties headed for auction, and 655 properties for sale.

Birmingham, AL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
35242

$ 570,208

$ 198/sqft

35212

$ 187,168

$ 151/sqft

35215

$ 142,450

$ 106/sqft

35228

$ 67,000

$ 63/sqft

35242

$ 570,208

$ 198/sqft

35210

$ 259,450

$ 180/sqft

35215

$ 142,450

$ 106/sqft

35228

$ 67,000

$ 63/sqft

35226

$ 400,344

$ 201/sqft

35210

$ 259,450

$ 180/sqft

35226

$ 400,344

$ 201/sqft

35203

$ 298,087

$ 280/sqft

35206

$ 128,133

$ 103/sqft

35203

$ 298,087

$ 280/sqft

35206

$ 128,133

$ 103/sqft

35222

$ 312,726

$ 246/sqft

35244

$ 483,383

$ 191/sqft

35222

$ 312,726

$ 246/sqft

35244

$ 483,383

$ 191/sqft

35243

$ 466,775

$ 228/sqft

35235

$ 187,652

$ 113/sqft

35207

$ 79,900

$ 58/sqft

35235

$ 187,652

$ 113/sqft

35243

$ 466,775

$ 228/sqft

35211

$ 89,900

$ 70/sqft

35207

$ 79,900

$ 58/sqft

35211

$ 89,900

$ 70/sqft

35223

$ 620,327

$ 284/sqft

35216

$ 336,604

$ 185/sqft

35223

$ 620,327

$ 284/sqft

35216

$ 336,604

$ 185/sqft

35224

$ 76,022

$ 48/sqft

35208

$ 79,143

$ 58/sqft

35221

$ 67,170

$ 57/sqft

35208

$ 79,143

$ 58/sqft

35204

$ 66,700

$ 50/sqft

35214

$ 133,160

$ 112/sqft

35224

$ 76,022

$ 48/sqft

35214

$ 133,160

$ 112/sqft

35221

$ 67,170

$ 57/sqft

35217

$ 82,446

$ 65/sqft

35204

$ 66,700

$ 50/sqft

35217

$ 82,446

$ 65/sqft

35234

$ 119,950

$ 97/sqft

35209

$ 501,204

$ 288/sqft

35234

$ 119,950

$ 97/sqft

35205

$ 369,204

$ 222/sqft

35218

$ 83,000

$ 51/sqft

35209

$ 501,204

$ 288/sqft

35218

$ 83,000

$ 51/sqft

35205

$ 369,204

$ 222/sqft

35233

$ 332,750

$ 361/sqft

35213

$ 474,900

$ 316/sqft

35233

$ 332,750

$ 361/sqft

35213

$ 474,900

$ 316/sqft

35229

$ --

$ --

35212

$ 187,168

$ 151/sqft

35229

$ --

$ --

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Housing Market Summary for Birmingham, AL

Mar 2023February 2024Change
Median Listing Price$149.1K$144.7K-2.93%
Median Sold Price$136.2K$144.7K6.26%
Homes For Sale56966416.70%
Homes Sold2,4882,81713.22%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Birmingham, AL

Birmingham home values range from $10,011 to $49,293,174. The median estimated value of a home in Birmingham is $156,098.13. The median list price of a home is 174,975, and the total count of properties in the city is 107,068.

Foreclosure
There are 58 zips within Birmingham, AL; within these zips, the median estimated home value for homes in foreclosure ranges from $828,062 in 35206 to the lowest value of $23,273 in 35206. Foreclosure homes account for 0.00% of properties in Birmingham, AL with 35215 containing 54 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Birmingham, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 58 zips within Birmingham, AL; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Birmingham, AL ranges from the highest value of $339,738 in 35212 to the lowest value of $23,273 in 35206. Bank owned homes and properties account for 0.06% of properties in Birmingham, AL. There are 58 zips within Birmingham, AL; 35215 containing 15 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    35215 has 39 auction properties, the highest number of properties going to auction in a single zip in the state of Birmingham, AL. Auction homes and other auction properties account for 0.11% of all properties in Birmingham, AL. There are 58 zips within Birmingham, AL; of those zips, the median estimated home value for homes going to auction ranges from $366,432 in 35223 to the lowest value of $27,279 in 35223.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.61% of residential properties in Birmingham, AL with 35215 containing 102 homes for sale, the highest number of listed properties in a single zip. There are 58 zips within Birmingham, AL; homes for sale in those zips, have a range of median values from $2,280,594 in 35223 to the lowest value of $17,660 in 35221.
    Sold Homes
    The median value for recently sold homes ranges from $972,135 in 35233 to the lowest price of $13,762 in 35233. There are 58 zips within Birmingham, AL. 35242 has 398 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.69% of properties in Birmingham, AL.

      Compare Nearby Cities

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      Guide for Birmingham, AL

      Home Buying Tools
      Federal Eviction Ban Overturned. Here’s Why
      A Luxury Mansion
      Investing Strategies
      Winning A Luxury Real Estate Auctions: Key Tips
      California
      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California
      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
      See More Articles
      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Tools|posted 5 June 2021

      Last month we asked if it was possible that eviction moratoriums from the federal government were illegal. “If you’re a real estate investor with rental properties you depend on monthly rental payments to cover the mortgage, taxes, repairs, and other costs. But what happens if the government says, nope, you can’t evict tenants who don’t […]

      A Luxury Mansion
      Winning A Luxury Real Estate Auctions: Key Tips
      Investing Strategies|posted 1 March 2024

      A few quick tips to prepare you for selling a luxury home at auction

      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California|posted 1 March 2024

      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.

      Santa Ana – An In-Depth Look at Price Fluctuations in 2023-2024
      California|posted 1 March 2024

      Santa Ana’s real estate market thrives with fluctuating median property values and diverse submarkets. Recent trends indicate potential opportunities for investors with varied budgets despite market volatility, enhanced by Santa Ana’s comparatively low foreclosure rates and value-for-money square foot pricing.