Birmingham, AL metro area Housing Market
Cold MarketComprehensive housing market data for the Birmingham, AL metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$275K
– 0.0% YoY
Days on Market
82 days
– 0.0% YoY
Active Inventory
4,300
↑ 2.4% YoY
Homes Sold
792
↓ 8.2% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Birmingham, AL metro area Market Summary
The Birmingham, AL metro area housing market is cooling down. As of January 2026, the median home sale price is $275K, down 0.0% year-over-year. Homes are spending a median of 82 days on the market, 0.0% shorter than a year ago.
There are 4,300 homes for sale — 2.4% more than last year. With 5.4 months of supply, this is a balanced market. 1,255 new listings were added during this period, up 4.6% year-over-year.
Homes are selling for 96.7% of their list price on average, suggesting room for negotiation. 16.0% of homes sell above their asking price. 23.2% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
81
Contributing Factors
How This Market Compares
vs. National Median
vs. Alabama Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 35% below the national median, which could indicate stronger cash flow potential.
Birmingham, AL metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$285K
Price per Sq Ft
$151
Sale-to-List Ratio
96.7%
Months of Supply
5.4
Sold Above List
16.0%
Price Drops
23.2%
New Listings
1,255
↑ 4.6% YoY
Pending Sales
1,343
Off Market in 2 Weeks
23.2%
Other Markets in Alabama
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Auburn, AL metro area
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Decatur, AL metro area
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.