Cheap Homes for Sale in Birmingham, AL

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Birmingham, AL Housing Market Overview

Birmingham is a buyer's market right now. Homes are sitting on the market for 66 days on average. With 12.7 months of supply, there's less pressure to rush and more room to negotiate on price and terms.

Status

Buyer's Market

Days on Market

66

Inventory

1,850

Sep 2021Jun 2024Sep 2026

Median Home Price

$180,000Up 1.12%

In Sep 2026 · YoY

Sep 2021Jun 2024Sep 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
1,850 Up 222.30%
Newly Listed Homes
921 Up 32.52%
Months of Supply
12.7 Up 296.88%

Housing Demand

Homes Sold
437 Down 18.32%
Sale-to-List Ratio
95.4% Up 0.45%
Homes Sold Above List
24.1% Up 43.26%

30-yr fixed rate 6.23% · Data as of Sep 2026 · Source: Houzeo Research.

View Full Birmingham Market Report
No. of Homes
Houses for Sale in South East Lake, Birmingham
119
Houses for Sale in Five Points South, Birmingham
78
Houses for Sale in Highland Park, Birmingham
77
Houses for Sale in Belview Heights, Birmingham
70
Houses for Sale in Spring Lake, Birmingham
64
Houses for Sale in Ensley Highlands, Birmingham
63
Houses for Sale in Oxmoor, Birmingham
60
Houses for Sale in Roebuck, Birmingham
56
Houses for Sale in Glen Iris, Birmingham
55
Houses for Sale in Norwood, Birmingham
53
Houses for Sale in Echo Highlands, Birmingham
52
Houses for Sale in Killough Springs, Birmingham
51
Houses for Sale in Central City, Birmingham
48
Houses for Sale in Forest Park, Birmingham
45
Houses for Sale in West End Manor, Birmingham
44
Houses for Sale in Bush Hills, Birmingham
44
Houses for Sale in Arlington West End, Birmingham
42
Houses for Sale in Central Park, Birmingham
41
Houses for Sale in Inglenook, Birmingham
41
Houses for Sale in Wylam, Birmingham
40
Roebuck, Birmingham Neighborhood Guide
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  • mls-imgIDX Logo
    Information Deemed Reliable But Not Guaranteed. © 2026 Georgia Multiple Listing Service. All Rights Reserved.
  • mls-img
    Based on information from the Montgomery Area Association of REALTORS® through Oct 11, 2026, 4:30 PM. Information is deemed reliable, but not guaranteed. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Copyright 2026 Multiple Listing Service of the Montgomery Area Association of REALTORS®. All Rights Reserved.
  • mls-img
    Based on information from the Greater Alabama MLS through Oct 11, 2026, 4:30 PM. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Greater Alabama MLS, Inc. All rights reserved.
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