Birmingham, AL housing market: home values, sales and rents
The typical home value in the Birmingham, AL metro area was $260,710 in September 2026, up 2.4% over a year and up 16.1% over five years. Across the United States the typical value was $366,157 (up 1.2% over a year). Homes sold at 99.5% of their asking price, with 3.9 months of supply on the market. Typical rent was $1,404 a month. Our simple reading of these numbers: balanced market.
Updated November 04, 2026.
Reading: Balanced market
The numbers
| Measure | Latest | 1-year change | As of |
|---|---|---|---|
| Typical home value | $260,710 | +2.4% | September 2026 |
| Typical value — lower-priced third | $119,801 | +1.9% | September 2026 |
| Typical value — higher-priced third | $485,451 | +2.5% | September 2026 |
| Median sale price | $259,950 | +3.2% | August 2026 |
| Median list price | $287,533 | -3.8% | September 2026 |
| Sale price vs asking price | 99.5% | +0.3 pts | August 2026 |
| Homes sold above asking | 25% | +3.2 pts | August 2026 |
| Homes sold (month) | 1,483 | +2.4% | September 2026 |
| New listings (month) | 1,310 | -14.4% | September 2026 |
| Homes for sale | 5,734 | +1.6% | September 2026 |
| Months of supply | 3.9 months | no change | September 2026 |
| Sales-to-new-listings ratio | 113% | +18.6 pts | September 2026 |
| Days to an accepted offer (median) | 30 days | +7.0 | September 2026 |
| Typical rent (all homes) | $1,404 | +2.9% | September 2026 |
| Zillow market heat index neutral market on Zillow's scale (0–100) | 46 | +2.0 | September 2026 |
Typical home value (Zillow Home Value Index)
What the numbers say
- Zillow market heat index 46 of 100: neutral market on Zillow's scale (0–100).
- 3.9 months of supply: normal (3 to 6).
- The typical home sells at 99.5% of its asking price.
- Homes sold equal 113% of new listings this month, close to this city's usual pace (112% on average since 2018).
- Typical home value up 2.4% over a year.
Source: Zillow Research (zillow.com/research/data).
Metro-area statistics from Zillow Research. The sales-to-new-listings ratio and months of supply are calculated by Money Globe X from Zillow's counts of homes sold, new listings and homes for sale.
Statistics for information and education only — not real estate, financial or investment advice. Figures are monthly or yearly averages for a whole metro area; a single home or neighbourhood can differ a lot.
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Updated November 04, 2026. Sources: Zillow Research. Educational information only - not financial advice.