Birmingham, AL Home Values & Market Trends

Real estate market trends reflect that there have been 6,636 transactions over the past year in Birmingham. The median value for residential home transactions that occurred over the previous year is $155,971.78. The number of current listings in Birmingham is 637, and the percentage of properties for sale in the city is 637.00%. Birmingham, AL currently has 174 properties in foreclosure, 64 bank owned properties, 110 properties headed for auction, and 637 properties for sale.

Birmingham, AL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
35215

$ 149,900

$ 106/sqft

35205

$ 304,450

$ 221/sqft

35215

$ 149,900

$ 106/sqft

35243

$ 432,500

$ 237/sqft

35242

$ 613,069

$ 203/sqft

35228

$ 69,450

$ 67/sqft

35242

$ 613,069

$ 203/sqft

35243

$ 432,500

$ 237/sqft

35226

$ 405,584

$ 215/sqft

35228

$ 69,450

$ 67/sqft

35226

$ 405,584

$ 215/sqft

35222

$ 337,557

$ 239/sqft

35206

$ 120,000

$ 96/sqft

35222

$ 337,557

$ 239/sqft

35206

$ 120,000

$ 96/sqft

35210

$ 249,000

$ 174/sqft

35244

$ 462,000

$ 195/sqft

35210

$ 249,000

$ 174/sqft

35244

$ 462,000

$ 195/sqft

35203

$ 292,472

$ 279/sqft

35235

$ 187,712

$ 121/sqft

35203

$ 292,472

$ 279/sqft

35235

$ 187,712

$ 121/sqft

35207

$ 81,062

$ 59/sqft

35211

$ 89,900

$ 70/sqft

35207

$ 81,062

$ 59/sqft

35216

$ 313,390

$ 181/sqft

35221

$ 67,900

$ 58/sqft

35211

$ 89,900

$ 70/sqft

35221

$ 67,900

$ 58/sqft

35216

$ 313,390

$ 181/sqft

35234

$ 150,000

$ 102/sqft

35208

$ 79,749

$ 69/sqft

35234

$ 150,000

$ 102/sqft

35208

$ 79,749

$ 69/sqft

35224

$ 67,044

$ 48/sqft

35214

$ 126,500

$ 115/sqft

35224

$ 67,044

$ 48/sqft

35214

$ 126,500

$ 115/sqft

35223

$ 605,633

$ 257/sqft

35217

$ 85,000

$ 75/sqft

35204

$ 42,400

$ 37/sqft

35217

$ 85,000

$ 75/sqft

35223

$ 605,633

$ 257/sqft

35213

$ 398,289

$ 262/sqft

35204

$ 42,400

$ 37/sqft

35213

$ 398,289

$ 262/sqft

35218

$ 83,000

$ 51/sqft

35209

$ 501,204

$ 271/sqft

35218

$ 83,000

$ 51/sqft

35209

$ 501,204

$ 271/sqft

35233

$ 346,325

$ 357/sqft

35212

$ 175,000

$ 159/sqft

35233

$ 346,325

$ 357/sqft

35212

$ 175,000

$ 159/sqft

35229

$ --

$ --

35205

$ 304,450

$ 221/sqft

35229

$ --

$ --

See More

Housing Market Summary for Birmingham, AL

Feb 2023January 2024Change
Median Listing Price$145K$148.7K2.57%
Median Sold Price$135.9K$148.7K9.40%
Homes For Sale5565916.29%
Homes Sold2,5742,491-3.22%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

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 $155,971.78. The median list price of a home is 169,900, 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 $419,216 in 35204 to the lowest value of $16,472 in 35204. Foreclosure homes account for 0.00% of properties in Birmingham, AL with 35215 containing 52 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 $16,472 in 35204. Bank owned homes and properties account for 0.06% of properties in Birmingham, AL. There are 58 zips within Birmingham, AL; 35215 containing 16 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    35215 has 36 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 0.10% 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 35209 to the lowest value of $27,279 in 35209.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.59% 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 394 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.42% of properties in Birmingham, AL.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Birmingham, AL
      $
      $

      Guide for Birmingham, AL

      Home Buying Tools
      Federal Eviction Ban Overturned. Here’s Why
      Beautiful house in the country
      Foreclosure
      The 5 Most Common Mistakes to Avoid When Buying a Foreclosed Home
      Market Reports
      Moderate Fluctuations but Steady Property Sales Mark Tulsa’s Real Estate Scene
      Market Reports
      The State of Washington DC’s Real Estate Market 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 […]

      Beautiful house in the country
      The 5 Most Common Mistakes to Avoid When Buying a Foreclosed Home
      Foreclosure|posted 16 February 2024

      Buying foreclosure homes can be tricky – here are the most common pitfalls to avoid

      Moderate Fluctuations but Steady Property Sales Mark Tulsa’s Real Estate Scene
      Market Reports|posted 16 February 2024

      The Tulsa real estate market showcases modest fluctuations in property values, with notable seasonal influences. Sold price per square foot remains fairly stable, and neighboring cities generally exhibit higher property values. While factors like economic conditions and local developments play a role, understanding this market requires deeper investigation.

      The State of Washington DC’s Real Estate Market in 2023-2024
      Market Reports|posted 16 February 2024

      The Washington DC real estate market from 2023-2024 underwent alternating trends with volatility in average property values and prices per square foot. Yet, an ascending movement in average sold prices and average sold prices per square foot emerged, along with a steady rise in the sales count, indicating a thriving market scenario.