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Birmingham

Why you'd want to live in Birmingham

Birmingham, Alabama was born from the iron and steel industry and is known for playing a crucial role in the civil rights movement. But Birmingham isn't stuck in the past. As the cultural epicenter of Alabama, The Magic City is home to art museums, theaters, concert venues and numerous festivals and events. And those who enjoy participating in outdoor activities will find plenty of options, from hiking the trails in Red Mountain Park to joining a local kickball team. Birmingham has many of the allures of urban life with a more affordable price tag than you'll find in many similarly-sized metro areas. via realestate.usnews.com

Birmingham Market Report

$262,422

AVERAGE PRICE OF 1,149 HOMES

$123,717

AVERAGE PRICE OF 38 DISTRESSED HOMES

$1,426,097

AVERAGE PRICE OF 34 MULTI-MILLION DOLLAR HOMES

$553,700

AVERAGE PRICE OF 165 NEWLY BUILT HOMES

$548,747

AVERAGE PRICE OF 115 HOMES WITH A POOL

$218,845

AVERAGE PRICE OF 40 REDUCED PRICE HOMES

Average Home

Average Price $262,422
Avg Bedrooms 3.06 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $232,850
2 bedrooms $182,146
3 bedrooms $215,894
4 bedrooms $382,779
5 bedrooms $497,707
Birmingham Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 1,116 1,045 1,091 1,140 1,115
Average Price $261,726 $266,789 $266,049 $281,314 $285,971
Avg Price Change -1.93% +0.28% -5.74% -1.66% -0.43%
Median Price $157,594 $157,948 $164,246 $179,751 $184,031
Med Price Change -0.22% -3.99% -9.44% -2.38% -4.54%
Avg Bedrooms 3.08 beds 3.1 beds 3.11 beds 3.1 beds 3.12 beds
Avg Bathrooms 2.14 baths 2.13 baths 2.14 baths 2.16 baths 2.16 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,149 $262,422 101 days
Distressed Homes 38 $123,717 52 days
Multi-Million Dollar Homes 34 $1,426,097 176 days
Newly Built Homes 165 $553,700 162 days
Homes with a Pool 115 $548,747 116 days
Reduced Price Homes 40 $218,845 53 days
Red Hawk Realty Group
1021 Brocks Gap Pkwy Ste. 125
Hoover, AL 35244
205-983-4295

Provided Courtesy Of Greater Alabama MLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed. Copyright ©2023 Greater Alabama MLS, Inc. All Rights Reserved. Data last updated: March 27, 2023
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