Is Birmingham, AL 35242 a buyer’s or seller’s market?
Birmingham is a seller’s market. With about 3 months of supply and 30% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3Under 4 months = seller’s market
Sold above original list29.5%Share of sales, last 3 months
Median sale-to-list99.1%Sold price ÷ list price
Median days on market45Listing to accepted offer
Median price per sq ft$198▲ +4.5% vs. last year
Run the numbers for 35242
Nearby markets
Alabaster 35007Seller’s market $158 /sq ftBirmingham 35244Seller’s market $176 /sq ftCalera 35040Balanced $160 /sq ftChelsea 35043Balanced $175 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology