Is Bessemer, AL 35023 a buyer’s or seller’s market?
Bessemer is a buyer’s market. With about 6.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 39% of U.S. ZIP codes, and #82 of 249 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Bessemer housing market right now
In the three months ending August 31, 2026, 25% of homes in Bessemer, AL 35023 sold above their list price, the typical home went under contract in 63 days and there were 6.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 82 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 23%, homes sold faster (66 days then) and the median sale price rose 4% to $208,410. Overall, Bessemer is more competitive than a year ago, so tougher for buyers.
Within Jefferson County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in 72%. On our competition score, Bessemer ranks #82 of 249 AL ZIP codes with enough sales (score 40 out of 100).
Nearby, buyers who want less competition could look at Birmingham 35234 (0% sold over asking) or Birmingham 35233 (0% sold over asking), while Birmingham 35223 (51% sold over asking) and Birmingham 35222 (44% sold over asking) are even more competitive.
Run the numbers for 35023
Nearby markets
Adamsville 35005Balanced $92 /sq ftAdger 35006Buyer’s market $128 /sq ftBessemer 35020Balanced $57 /sq ftBessemer 35022Balanced $156 /sq ft Browse all markets →Towns like Bessemer nearby
Find towns like Bessemer in other states →Where Bessemer is
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Questions about Bessemer real estate
Is Bessemer a buyer’s or seller’s market?
A buyer’s market: there were 6.1 months of supply in Bessemer, AL 35023 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Bessemer?
The typical home went under contract in 63 days in the latest three months.
Do homes in Bessemer sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 99.2% of the list price.
What are property taxes in Bessemer?
About 0.59% of a home’s value a year in Jefferson County, or roughly $2,360 on a $400,000 home.
What is the median home price in Bessemer?
The median sale price was $208,410 in the three months ending August 31, 2026, about $130 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology