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
| Zip | Median Est. Value | Zip | Median 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 |
Housing Market Summary for Birmingham, AL
| Aug 2022 | August 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $174.9K | $151.6K | -13.37% |
| Median Sold Price | $161.2K | $151.6K | -5.98% |
| Homes For Sale | 565 | 649 | 14.87% |
| Homes Sold | 3,728 | 3,267 | -12.37% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Birmingham, AL
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- Auctions35215 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.
