Birmingham, AL Home Values & Market Trends

Real estate market trends reflect that there have been 8,134 transactions over the past year in Birmingham. The median value for residential home transactions that occurred over the previous year is $147,826.06. The number of current listings in Birmingham is 495, and the percentage of properties for sale in the city is 71.74%. Birmingham, AL currently has 195 properties in foreclosure, 121 bank owned properties, 74 properties headed for auction, and 495 properties for sale.

Birmingham, AL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
35215

$ 145,928

$ 109/sqft

35203

$ 300,676

$ 247/sqft

35206

$ 126,832

$ 96/sqft

35228

$ 68,194

$ 61/sqft

35211

$ 78,763

$ 57/sqft

35207

$ 60,482

$ 55/sqft

35235

$ 198,347

$ 144/sqft

35234

$ 149,550

$ 106/sqft

35208

$ 93,704

$ 68/sqft

35224

$ 74,775

$ 59/sqft

35217

$ 91,344

$ 65/sqft

35221

$ 64,805

$ 67/sqft

35205

$ 348,850

$ 214/sqft

35233

$ 255,033

$ 292/sqft

35212

$ 174,310

$ 111/sqft

35204

$ 49,850

$ 49/sqft

35214

$ 140,378

$ 99/sqft

35218

$ 50,548

$ 40/sqft

35222

$ 290,239

$ 234/sqft

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Housing Market Summary for Birmingham, AL

Aug 2022August 2023Change
Median Listing Price$174.9K$151.6K-13.37%
Median Sold Price$161.2K$151.6K-5.98%
Homes For Sale56564914.87%
Homes Sold3,7283,267-12.37%
Price
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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 $13,482 to $26,157,625. The median estimated value of a home in Birmingham is $147,826.06. The median list price of a home is 189,900, and the total count of properties in the city is 100,800.

Foreclosure
There are 19 zips within Birmingham, AL; within these zips, the median estimated home value for homes in foreclosure ranges from $2,289,436 in 35211 to the lowest value of $22,820 in 35211. Foreclosure homes account for 0.00% of properties in Birmingham, AL with 35215 containing 60 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 19 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 $377,730 in 35205 to the lowest value of $22,820 in 35211. Bank owned homes and properties account for 0.12% of properties in Birmingham, AL. There are 19 zips within Birmingham, AL; 35215 containing 34 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    35215 has 26 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 0.07% of all properties in Birmingham, AL. There are 19 zips within Birmingham, AL; of those zips, the median estimated home value for homes going to auction ranges from $2,289,436 in 35211 to the lowest value of $30,107 in 35211.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.49% of residential properties in Birmingham, AL with 35215 containing 64 homes for sale, the highest number of listed properties in a single zip. There are 19 zips within Birmingham, AL; homes for sale in those zips, have a range of median values from $1,609,645 in 35205 to the lowest value of $21,834 in 35211.
    Sold Homes
    The median value for recently sold homes ranges from $1,400,000 in 35222 to the lowest price of $16,280 in 35222. There are 19 zips within Birmingham, AL. 35215 has 531 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.20% of properties in Birmingham, AL.

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