Birmingham, AL Real Estate & Property Data

Birmingham Real Estate Market Trends
Last Updated: March 19, 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 9,962 residential properties have been sold in Birmingham, AL over the past year, with a median home price of $300,000 and 104 foreclosure filings. Additionally, the 2022 effective property tax rate in Birmingham is 0.75%. To find more detailed property data for Birmingham, Alabama, look no further than ATTOM.

Birmingham Real Estate Market Trends
Total Residential Properties 165,502
Total Commercial Properties 41,008
Avg. Home Age (Single Family Home) 57 Years
Avg. Square Feet (Single Family Home) 1,880
Total 2024 Residential Sales (year-to-date) 751
% of Homes Seriously Underwater (Q1 2024) 3.45%
Total 2023 Residential Sales 9,211
% of Equity Rich Homes (Q1 2024) 24.25%
Effective 2023 Property Tax 0.75%
Total Foreclosure Filings (year-to-date) 104
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Birmingham, AL Real Estate Overview

A total of 9,962 residential properties have been sold in Birmingham, AL over the past year, with a median home price of $214,750. There are currently 165,502 residential properties in Birmingham, AL, which can be further analyzed by looking at the 26 zip codes and 6730 streets encompassing the city.

Median Sales Price i
$300,000
(Jan 2024)
-0.7%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 $249,950
Median Down Payment i
$32,750
(Jan 2024)
-4.3%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 $32,200
Number of Homes Sold i
751
(Jan 2024)
+41.4%
year-over-year
y-o-y
  • January '24 Jan '24 751
  • December '23 Dec '23 724
  • November '23 Nov '23 762
  • 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
  • February '23 Feb '23 617
Number of Purchase Loans i
180
(Jan 2024)
-32.3%
year-over-year
y-o-y
  • January '24 Jan '24 180
  • December '23 Dec '23 196
  • November '23 Nov '23 241
  • 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
  • February '23 Feb '23 335
Number of REFI Loans i
447
(Jan 2024)
+56.3%
year-over-year
y-o-y
  • January '24 Jan '24 447
  • December '23 Dec '23 273
  • November '23 Nov '23 365
  • October '23 Oct '23 351
  • September '23 Sep '23 309
  • August '23 Aug '23 377
  • July '23 Jul '23 294
  • June '23 Jun '23 348
  • May '23 May '23 387
  • April '23 Apr '23 327
  • March '23 Mar '23 389
  • February '23 Feb '23 305
Number of HELOC Loans i
34
(Jan 2024)
+54.5%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 22

Birmingham, AL Real Estate Market Overview

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

Birmingham, AL Foreclosure Activity

There were a total of 104 Birmingham, AL properties with a foreclosure filing in January 2024. Lenders started the foreclosure process on 104 Birmingham, AL properties and repossessed 4 Birmingham, AL properties through completed foreclosures (REOs) in January 2024.

Total Foreclosure Filings i
104
(Jan 2024)
+197.1%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 16
Foreclosure Starts i
104
(Jan 2024)
+197.1%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 16
Completed Foreclosures (REOs) i
4
(Jan 2024)
-71.4%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 4
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