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Birmingham, MI Real Estate & Property Data

Birmingham Real Estate Market Trends

Last Updated: April 26, 2024

Accurate and comprehensive real estate data is critical for insight into Birmingham, MI. ATTOM’s Birmingham real estate data is updated daily, and current market trends show that in Birmingham, MI a total of 534 residential properties have sold over the past year. With a median home price of $695,000 in Birmingham and a total of 1 foreclosures. Get detailed property data for Birmingham, MI instantly. ATTOM is your one-stop-shop for the Birmingham property reports and real estate data you need in Birmingham, MI.

Birmingham Real Estate Market Trends

Get property data for any address in Birmingham, MI or the country:

Total Residential Properties 9,088

Total Commercial Properties 501

Avg. Home Age (Single Family Home) 63 Years

Avg. Square Feet (Single Family Home) 2,414

Total 2024 Residential Sales (year-to-date) 68

% of Homes Seriously Underwater (Q2 2024) 1.1%

Total 2023 Residential Sales 493

% of Equity Rich Homes (Q2 2024) 40.32%

Effective 2023 Property Tax 1.23%

Total Foreclosure Filings (year-to-date) 2

Birmingham, MI Real Estate Overview

There were 534 residential properties sold in the past year in Birmingham, MI. The median home value in Birmingham, MI is $694,750. There are a total of 9,088 residential properties in the Birmingham.

Median Sales Price i

$695,000

(Feb 2024)

-0.7%

year-over-year

y-o-y

February '24 Feb '24 $695,000
January '24 Jan '24 $900,000
December '23 Dec '23 $1,094,500
November '23 Nov '23 $725,000
October '23 Oct '23 $740,000
September '23 Sep '23 $1,267,500
August '23 Aug '23 $738,600
July '23 Jul '23 $703,000
June '23 Jun '23 $835,000
May '23 May '23 $830,000
April '23 Apr '23 $808,225
March '23 Mar '23 $685,000

Median Down Payment i

$171,990

(Feb 2024)

+22.8%

year-over-year

y-o-y

February '24 Feb '24 $171,990
January '24 Jan '24 $105,000
December '23 Dec '23 $128,900
November '23 Nov '23 $64,950
October '23 Oct '23 $191,500
September '23 Sep '23 $298,600
August '23 Aug '23 $154,925
July '23 Jul '23 $187,750
June '23 Jun '23 $150,000
May '23 May '23 $157,500
April '23 Apr '23 $213,010
March '23 Mar '23 $116,000

Number of Homes Sold i

38

(Feb 2024)

+58.3%

year-over-year

y-o-y

February '24 Feb '24 38
January '24 Jan '24 30
December '23 Dec '23 29
November '23 Nov '23 58
October '23 Oct '23 43
September '23 Sep '23 44
August '23 Aug '23 48
July '23 Jul '23 47
June '23 Jun '23 53
May '23 May '23 35
April '23 Apr '23 35
March '23 Mar '23 50

Number of Purchase Loans i

14

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 14
January '24 Jan '24 19
December '23 Dec '23 11
November '23 Nov '23 32
October '23 Oct '23 15
September '23 Sep '23 30
August '23 Aug '23 25
July '23 Jul '23 32
June '23 Jun '23 30
May '23 May '23 22
April '23 Apr '23 18
March '23 Mar '23 30

Number of REFI Loans i

13

(Feb 2024)

-23.5%

year-over-year

y-o-y

February '24 Feb '24 13
January '24 Jan '24 16
December '23 Dec '23 10
November '23 Nov '23 16
October '23 Oct '23 13
September '23 Sep '23 16
August '23 Aug '23 23
July '23 Jul '23 19
June '23 Jun '23 16
May '23 May '23 14
April '23 Apr '23 15
March '23 Mar '23 17

Number of HELOC Loans i

9

(Feb 2024)

-40%

year-over-year

y-o-y

February '24 Feb '24 9
January '24 Jan '24 8
December '23 Dec '23 6
November '23 Nov '23 13
October '23 Oct '23 19
September '23 Sep '23 12
August '23 Aug '23 12
July '23 Jul '23 10
June '23 Jun '23 9
May '23 May '23 9
April '23 Apr '23 10
March '23 Mar '23 10

Birmingham, MI Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

48009
$694,750 $287.76/sqft

Birmingham, MI Foreclosure Activity

There were a total of 1 Birmingham, MI properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

February '24 Feb '24 1
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 3
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 1
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Foreclosure Starts i

1

(Feb 2024)

February '24 Feb '24 1
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 3
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 1
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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