Birmingham, AL Real Estate & Property Data

Birmingham Real Estate Market Trends
Last Updated: April 18, 2024

To gain a better understanding of the real estate market in Birmingham, AL, it is essential to have accurate and comprehensive real estate data. ATTOM provides up-to-date real estate data for Birmingham, which is refreshed on a daily basis. Based on the latest market trends, a total of 10,363 residential properties have been sold in Birmingham, AL over the past year, with a median home price of $350,000 and 50 foreclosure filings. Additionally, the 2022 effective property tax rate in Birmingham is 0.66%. To find more detailed property data for Birmingham, Alabama, look no further than ATTOM.

Birmingham Real Estate Market Trends
Total Residential Properties 165,569
Total Commercial Properties 41,027
Avg. Home Age (Single Family Home) 57 Years
Avg. Square Feet (Single Family Home) 1,880
Total 2024 Residential Sales (year-to-date) 1,677
% of Homes Seriously Underwater (Q2 2024) 1.03%
Total 2023 Residential Sales 9,217
% of Equity Rich Homes (Q2 2024) 28.16%
Effective 2023 Property Tax 0.66%
Total Foreclosure Filings (year-to-date) 154
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Birmingham, AL Real Estate Overview

A total of 10,363 residential properties have been sold in Birmingham, AL over the past year, with a median home price of $243,810. There are currently 165,569 residential properties in Birmingham, AL, which can be further analyzed by looking at the 2 zip codes and 1625 streets encompassing the city.

Median Sales Price i
$350,000
(Feb 2024)
+40%
year-over-year
y-o-y
  • February '24 Feb '24 $350,000
  • January '24 Jan '24 $300,000
  • December '23 Dec '23 $338,450
  • November '23 Nov '23 $325,000
  • October '23 Oct '23 $308,800
  • September '23 Sep '23 $305,000
  • August '23 Aug '23 $310,000
  • July '23 Jul '23 $332,000
  • June '23 Jun '23 $350,000
  • May '23 May '23 $345,000
  • April '23 Apr '23 $315,750
  • March '23 Mar '23 $328,000
Median Down Payment i
$58,750
(Feb 2024)
+82.5%
year-over-year
y-o-y
  • February '24 Feb '24 $58,750
  • January '24 Jan '24 $32,750
  • December '23 Dec '23 $36,000
  • November '23 Nov '23 $34,997
  • October '23 Oct '23 $31,062
  • September '23 Sep '23 $35,875
  • August '23 Aug '23 $35,340
  • July '23 Jul '23 $44,400
  • June '23 Jun '23 $39,500
  • May '23 May '23 $37,960
  • April '23 Apr '23 $40,075
  • March '23 Mar '23 $35,800
Number of Homes Sold i
924
(Feb 2024)
+49.8%
year-over-year
y-o-y
  • February '24 Feb '24 924
  • January '24 Jan '24 753
  • December '23 Dec '23 725
  • November '23 Nov '23 767
  • October '23 Oct '23 715
  • September '23 Sep '23 758
  • August '23 Aug '23 783
  • July '23 Jul '23 824
  • June '23 Jun '23 937
  • May '23 May '23 969
  • April '23 Apr '23 706
  • March '23 Mar '23 885
Number of Purchase Loans i
197
(Feb 2024)
-41.2%
year-over-year
y-o-y
  • February '24 Feb '24 197
  • January '24 Jan '24 180
  • December '23 Dec '23 196
  • November '23 Nov '23 242
  • October '23 Oct '23 370
  • September '23 Sep '23 389
  • August '23 Aug '23 435
  • July '23 Jul '23 514
  • June '23 Jun '23 489
  • May '23 May '23 588
  • April '23 Apr '23 394
  • March '23 Mar '23 470
Number of REFI Loans i
547
(Feb 2024)
+79.3%
year-over-year
y-o-y
  • February '24 Feb '24 547
  • January '24 Jan '24 448
  • December '23 Dec '23 273
  • November '23 Nov '23 365
  • October '23 Oct '23 352
  • September '23 Sep '23 311
  • August '23 Aug '23 379
  • July '23 Jul '23 294
  • June '23 Jun '23 348
  • May '23 May '23 387
  • April '23 Apr '23 329
  • March '23 Mar '23 389
Number of HELOC Loans i
37
(Feb 2024)
+68.2%
year-over-year
y-o-y
  • February '24 Feb '24 37
  • January '24 Jan '24 34
  • December '23 Dec '23 35
  • November '23 Nov '23 38
  • October '23 Oct '23 37
  • September '23 Sep '23 57
  • August '23 Aug '23 55
  • July '23 Jul '23 34
  • June '23 Jun '23 44
  • May '23 May '23 60
  • April '23 Apr '23 38
  • March '23 Mar '23 50

Birmingham, AL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Birmingham, AL Foreclosure Activity

There were a total of 50 Birmingham, AL properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 50 Birmingham, AL properties and repossessed 3 Birmingham, AL properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
50
(Feb 2024)
+212.5%
year-over-year
y-o-y
  • February '24 Feb '24 50
  • January '24 Jan '24 104
  • December '23 Dec '23 36
  • November '23 Nov '23 49
  • October '23 Oct '23 55
  • September '23 Sep '23 35
  • August '23 Aug '23 43
  • July '23 Jul '23 24
  • June '23 Jun '23 53
  • May '23 May '23 28
  • April '23 Apr '23 27
  • March '23 Mar '23 29
Foreclosure Starts i
50
(Feb 2024)
+212.5%
year-over-year
y-o-y
  • February '24 Feb '24 50
  • January '24 Jan '24 104
  • December '23 Dec '23 36
  • November '23 Nov '23 49
  • October '23 Oct '23 55
  • September '23 Sep '23 35
  • August '23 Aug '23 43
  • July '23 Jul '23 24
  • June '23 Jun '23 53
  • May '23 May '23 28
  • April '23 Apr '23 27
  • March '23 Mar '23 29
Completed Foreclosures (REOs) i
3
(Feb 2024)
-25%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 4
  • December '23 Dec '23 N/A
  • November '23 Nov '23 19
  • October '23 Oct '23 15
  • September '23 Sep '23 30
  • August '23 Aug '23 18
  • July '23 Jul '23 13
  • June '23 Jun '23 26
  • May '23 May '23 21
  • April '23 Apr '23 12
  • March '23 Mar '23 29
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