Is Birmingham, AL 35218 a buyer’s or seller’s market?
Birmingham is a buyer’s market. With about 11.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Birmingham housing market right now
In the three months ending August 31, 2026, 0% of homes in Birmingham, AL 35218 sold above their list price, the typical home went under contract in 72 days and there were 11.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 9 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold more slowly (44 days then) and the median sale price rose 3% to $75,967. Overall, Birmingham is less competitive than a year ago, which gives buyers more room.
Within Jefferson County, homes here sell more slowly than in 74% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Birmingham 35223 (51% sold over asking) and Birmingham 35222 (44% sold over asking) are even more competitive.
Run the numbers for 35218
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 Birmingham nearby
Find towns like Birmingham in other states →Where Birmingham is
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Questions about Birmingham real estate
Is Birmingham a buyer’s or seller’s market?
A buyer’s market: there were 11.4 months of supply in Birmingham, AL 35218 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 72 days in the latest three months.
Do homes in Birmingham sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.9% 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 $75,967 in the three months ending August 31, 2026, about $58 per square foot.
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More tools for 35218
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology