Is Birmingham, AL 35207 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Birmingham is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.3Under 4 months = seller’s market
Sold above original list8.3%Share of sales, last 3 months
Median sale-to-list87.4%Sold price ÷ list price
Median days on market90Listing to accepted offer
Median price per sq ft$69▲ +3.0% vs. last year

The Birmingham housing market right now

In the three months ending August 31, 2026, 8% of homes in Birmingham, AL 35207 sold above their list price, the typical home went under contract in 90 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 12 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold faster (107 days then) and the median sale price rose 34% to $106,954. Overall, Birmingham is less competitive than a year ago, which gives buyers more room.

Within Jefferson County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in 74%.

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.

Nearby markets

Adamsville 35005Balanced $92 /sq ftAdger 35006Buyer’s market $128 /sq ftBessemer 35020Balanced $57 /sq ftBessemer 35022Balanced $156 /sq ft Browse all markets →

Where Birmingham is

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Questions about Birmingham real estate

Is Birmingham a buyer’s or seller’s market?

A balanced market: there were 5.3 months of supply in Birmingham, AL 35207 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 Birmingham?

The typical home went under contract in 90 days in the latest three months.

Do homes in Birmingham sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 87.4% of the list price.

What are property taxes in Birmingham?

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 Birmingham?

The median sale price was $106,954 in the three months ending August 31, 2026, about $69 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