Birmingham Market Report
$275,806
AVERAGE PRICE OF 1,137 HOMES$137,906
AVERAGE PRICE OF 25 DISTRESSED HOMES$1,579,249
AVERAGE PRICE OF 36 MULTI-MILLION DOLLAR HOMES$589,575
AVERAGE PRICE OF 146 NEWLY BUILT HOMES$579,493
AVERAGE PRICE OF 131 HOMES WITH A POOL$328,782
AVERAGE PRICE OF 30 REDUCED PRICE HOMESAverage Home
| Average Price | $275,806 |
| Avg Bedrooms | 3.1 beds |
| Avg Bathrooms | 2.15 baths |
Average Price by Bedrooms
| 1 bedroom | $230,891 |
| 2 bedrooms | $185,639 |
| 3 bedrooms | $214,330 |
| 4 bedrooms | $427,190 |
| 5 bedrooms | $558,922 |
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 | 1,137 | $275,806 | 89 days |
| Distressed Homes | 25 | $137,906 | 52 days |
| Multi-Million Dollar Homes | 36 | $1,579,249 | 140 days |
| Newly Built Homes | 146 | $589,575 | 164 days |
| Homes with a Pool | 131 | $579,493 | 102 days |
| Reduced Price Homes | 30 | $328,782 | 75 days |
