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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 HOMES

Average 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
Global Homes Group Hoover | KW Hoover
1021 Brocks Gap Pkwy, Ste 125
Hoover, AL 35244
205-259-6192

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 1, 2022
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