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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

$264,874

AVERAGE PRICE OF 1,163 HOMES

$121,506

AVERAGE PRICE OF 41 DISTRESSED HOMES

$1,404,917

AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

$549,739

AVERAGE PRICE OF 171 NEWLY BUILT HOMES

$550,386

AVERAGE PRICE OF 122 HOMES WITH A POOL

$216,888

AVERAGE PRICE OF 39 REDUCED PRICE HOMES

Average Home

Average Price $264,874
Avg Bedrooms 3.07 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $224,978
2 bedrooms $186,594
3 bedrooms $213,384
4 bedrooms $390,684
5 bedrooms $504,600
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 1,163 $264,874 101 days
Distressed Homes 41 $121,506 56 days
Multi-Million Dollar Homes 37 $1,404,917 165 days
Newly Built Homes 171 $549,739 159 days
Homes with a Pool 122 $550,386 115 days
Reduced Price Homes 39 $216,888 48 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 22, 2023
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