Birmingham housing market: home prices, trends and forecast
For Birmingham home prices, Zillow Home Value Index valued a typical home in Birmingham, Alabama at $134,165 in September 2026. It was −2.4% lower than one year earlier and −16.3% under the $160,234 peak reached in August 2022.
- Value of a typical home
- $134,165September 2026, Zillow ZHVI
- Change over 12 months
- Since September 2025, −2.4%.
Birmingham home prices since 2000
Birmingham is shown by the steel line, while the United States appears in grey. From September 2001, the typical Birmingham home rose from $103,083 to $134,165, a multiple of ×1.30. Over those same months, the US reached ×2.67. The boom reached its high in May 2007 at $130,040 before falling to $64,882 in May 2012, a drop of −50.1%.
Birmingham median home price by year
Each yearly figure averages twelve monthly values, while 2026 shows the most recent month.
| Year | Birmingham | Change on the year | United States |
|---|---|---|---|
| 2002 | $105,402 | $144,276 | |
| 2003 | $108,231 | +2.7% | $155,308 |
| 2004 | $111,695 | +3.2% | $169,891 |
| 2005 | $118,670 | +6.2% | $189,732 |
| 2006 | $124,627 | +5.0% | $206,531 |
| 2007 | $129,327 | +3.8% | $208,449 |
| 2008 | $119,976 | −7.2% | $195,574 |
| 2009 | $96,539 | −19.5% | $177,542 |
| 2010 | $83,625 | −13.4% | $171,462 |
| 2011 | $72,417 | −13.4% | $162,508 |
| 2012 | $66,398 | −8.3% | $161,137 |
| 2013 | $69,310 | +4.4% | $171,420 |
| 2014 | $75,170 | +8.5% | $182,996 |
| 2015 | $84,657 | +12.6% | $192,738 |
| 2016 | $87,346 | +3.2% | $204,509 |
| 2017 | $89,230 | +2.2% | $216,767 |
| 2018 | $93,470 | +4.8% | $230,541 |
| 2019 | $98,747 | +5.6% | $242,088 |
| 2020 | $107,757 | +9.1% | $257,151 |
| 2021 | $136,290 | +26.5% | $295,959 |
| 2022 | $155,643 | +14.2% | $340,014 |
| 2023 | $149,918 | −3.7% | $348,160 |
| 2024 | $142,843 | −4.7% | $359,751 |
| 2025 | $138,348 | −3.1% | $362,959 |
| September 2026 | $134,165 | −2.4% | $366,157 |
Current value of a Birmingham home bought in any year
This is an index-based estimate for a typical home rather than an appraisal.
Each year's figure averages its twelve monthly index values, and the current value is from September 2026. See also: home appreciation calculator.
Are you thinking of selling? Use Realtor.com to compare local agents. Advertising disclosure: links like this one may pay the site; they never change a number. Disclosure.
Birmingham housing market forecast
In the Birmingham, AL metro, Zillow's forecast is +1.3% across the 12 months from September 2026, with +0.4% over the next three months. Based on Birmingham's typical value of $134,165, the result would be near $135,900 one year later.
This forecast restates Zillow's central estimate for the metro, as the site does not publish a forecast of its own. This type of 12-month forecast has usually differed from the realized change by several percentage points in either direction. This is not investment advice.
All metro forecasts in one table: housing market forecast.
Birmingham housing market crash risk score
A score of 38 of 100, moderate
Five conditions that were high before previous price falls are used to rank Birmingham against the 292 cities. Each input is scored from 0 to 100 compared with the other cities, and all five scores are averaged with equal weight. This score reflects current conditions and does not predict a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | +11.9% | 62 | 20% |
| Time on the market vs 2019 | −3.2% | 31 | 20% |
| Price-to-rent ratio | 8.6 | 1 | 20% |
| Price-to-income ratio | 2.6 | 2 | 20% |
| 12-month price change | −2.4% | 92 | 20% |
This is not investment advice. Learn how each input is scored: methodology. Rankings for all 292 cities: crash risk by city.
Birmingham inventory and days on market
In September 2026 the Birmingham, AL metro listed 4,779 homes for sale. That was +9.8% compared with a year earlier and +11.9% compared with September 2019. The median time to sell a listing was 61 days (3.2% less than in 2019), while 18.4% of listings received a price reduction.
| Birmingham, AL metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 4,779 | +9.8% |
| New listings | 1,574 | |
| Median days on market | 61 | +6.1% |
| Median list price | $289,950 | −3.3% |
| Share with a price cut | 18.4% |
Realtor.com® Economic Research, metro housing inventory. Data from Realtor.com. All metros: days on market by city.
Birmingham rent and cost of living
Asking rents in Birmingham typically sit at $1,305 a month, +2.9% on a year, according to the Zillow Observed Rent Index. A typical home costs the equivalent of 8.6 years of that rent. Census ACS 2024 puts median household income at $51,355. The typical home is therefore 2.6 times one year's income. According to BEA, metro prices stand at 91.6, compared with a US average of 100. Housing costs stand at 71.9.
Additional Alabama housing markets
- Huntsville housing market $286,952.
- Mobile housing market $196,696.
- Montgomery housing market $149,943.
- Tuscaloosa housing market $243,681.
For the whole state: Alabama housing market.
How to read this chart
The Zillow Home Value Index for Birmingham appears as a value for a typical home in the market's middle third at each point. The figures are smoothed, seasonally adjusted, and shown in the dollars for their month. The hollow circle identifies the selected slider month, while the terracotta circle identifies the most recent month. These values do not account for inflation, and the index tracks a typical home rather than any one house. Use the card above or the appreciation calculator to find a single home's value from its sale price.