Birmingham Market Report
$1,262,052
AVERAGE PRICE OF 286 HOMES$1,969,995
AVERAGE PRICE OF 142 MULTI-MILLION DOLLAR HOMES$2,046,916
AVERAGE PRICE OF 54 NEWLY BUILT HOMES$5,031,667
AVERAGE PRICE OF 6 HOMES WITH A POOL$867,736
AVERAGE PRICE OF 16 REDUCED PRICE HOMESAverage Home
| Average Price | $1,262,052 |
| Avg Bedrooms | 3.42 beds |
| Avg Bathrooms | 3.33 baths |
Average Price by Bedrooms
| 1 bedroom | $742,850 |
| 2 bedrooms | $805,411 |
| 3 bedrooms | $845,868 |
| 4 bedrooms | $1,224,792 |
| 5 bedrooms | $2,407,086 |
Birmingham Home Price Trends
| 8/2023 | 7/2023 | 6/2023 | 5/2023 | 4/2023 | |
|---|---|---|---|---|---|
| Total Listings | 284 | 275 | 260 | 242 | 209 |
| Average Price | $1,306,303 | $1,338,423 | $1,459,103 | $1,448,950 | $1,476,096 |
| Avg Price Change | -2.46% | -9.02% | +0.70% | -1.87% | +4.26% |
| Median Price | $1,143,050 | $1,148,091 | $1,226,271 | $1,175,498 | $1,250,629 |
| Med Price Change | -0.44% | -6.81% | +4.32% | -6.39% | +2.14% |
| Avg Bedrooms | 3.52 beds | 3.61 beds | 3.7 beds | 3.63 beds | 3.61 beds |
| Avg Bathrooms | 3.49 baths | 3.62 baths | 3.88 baths | 3.8 baths | 3.81 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 286 | $1,262,052 | 105 days |
| Multi-Million Dollar Homes | 142 | $1,969,995 | 157 days |
| Newly Built Homes | 54 | $2,046,916 | 174 days |
| Homes with a Pool | 6 | $5,031,667 | 23 days |
| Reduced Price Homes | 16 | $867,736 | 43 days |
