Homes for Sale Under 500K in Birmingham, AL

3,014 Homes for Sale

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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
126
Houses for Sale in Five Points South, Birmingham
96
Houses for Sale in Highland Park, Birmingham
84
Houses for Sale in Belview Heights, Birmingham
74
Houses for Sale in Oxmoor, Birmingham
74
Houses for Sale in Ensley Highlands, Birmingham
70
Houses for Sale in Spring Lake, Birmingham
70
Houses for Sale in Roebuck, Birmingham
65
Houses for Sale in Glen Iris, Birmingham
63
Houses for Sale in Central City, Birmingham
61
Houses for Sale in Echo Highlands, Birmingham
60
Houses for Sale in Norwood, Birmingham
60
Houses for Sale in Killough Springs, Birmingham
59
Houses for Sale in Bush Hills, Birmingham
50
Houses for Sale in Forest Park, Birmingham
50
Houses for Sale in West End Manor, Birmingham
48
Houses for Sale in Central Park, Birmingham
47
Houses for Sale in Crestwood North, Birmingham
47
Houses for Sale in Crestwood South, Birmingham
46
Houses for Sale in Arlington West End, Birmingham
46
Roebuck, Birmingham Neighborhood Guide
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  • mls-img
    Based on information from the Greater Alabama MLS through Oct 14, 2026, 3:00 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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Birmingham, AL Housing Marketlink qauare
Homes Available icon

3,014

Homes Available

Median List Price icon

$ 180,000

Median List Price

Avg on Market icon

66 Days

Avg on Market

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