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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

$275,314

AVERAGE PRICE OF 1,119 HOMES

$140,297

AVERAGE PRICE OF 24 DISTRESSED HOMES

$1,587,256

AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES

$595,621

AVERAGE PRICE OF 139 NEWLY BUILT HOMES

$573,449

AVERAGE PRICE OF 129 HOMES WITH A POOL

$297,351

AVERAGE PRICE OF 42 REDUCED PRICE HOMES

Average Home

Average Price $275,314
Avg Bedrooms 3.1 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $221,776
2 bedrooms $182,844
3 bedrooms $214,010
4 bedrooms $427,709
5 bedrooms $555,557
Birmingham Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 1,140 1,115 1,115 1,158 1,165
Average Price $281,314 $285,971 $287,214 $289,363 $287,718
Avg Price Change -1.66% -0.43% -0.75% +0.57% n/a
Median Price $179,751 $184,031 $192,395 $192,895 $186,650
Med Price Change -2.38% -4.54% -0.26% +3.35% n/a
Avg Bedrooms 3.1 beds 3.12 beds 3.13 beds 3.1 beds 3.1 beds
Avg Bathrooms 2.16 baths 2.16 baths 2.19 baths 2.16 baths 2.14 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,119 $275,314 88 days
Distressed Homes 24 $140,297 54 days
Multi-Million Dollar Homes 35 $1,587,256 145 days
Newly Built Homes 139 $595,621 163 days
Homes with a Pool 129 $573,449 100 days
Reduced Price Homes 42 $297,351 80 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 ©2022 Greater Alabama MLS, Inc. All Rights Reserved. Data last updated: December 2, 2022
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