Is Birmingham, AL 35242 a buyer’s or seller’s market?
Birmingham is a seller’s market. With about 3 months of supply and 30% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 58% of U.S. ZIP codes, and #21 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 Birmingham housing market right now
In the three months ending August 31, 2026, 30% of homes in Birmingham, AL 35242 sold above their list price, the typical home went under contract in 45 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 261 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 21%, homes sold faster (51 days then) and the median sale price held steady to $574,751. Overall, Birmingham is more competitive than a year ago, so tougher for buyers.
Within Shelby County, homes here sell faster than in 87% of the county’s ZIP codes, and sell more often over asking than in 87%. On our competition score, Birmingham ranks #21 of 249 AL ZIP codes with enough sales (score 57 out of 100).
Nearby, buyers who want less competition could look at Vandiver 35176 (0% sold over asking) or Shelby 35143 (0% sold over asking), while Vincent 35178 (33% sold over asking) is even more competitive.
Run the numbers for 35242
Nearby markets
Alabaster 35007Seller’s market $158 /sq ftBirmingham 35244Seller’s market $176 /sq ftCalera 35040Balanced $160 /sq ftChelsea 35043Balanced $175 /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 seller’s market: there were 3 months of supply in Birmingham, AL 35242 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 45 days in the latest three months.
Do homes in Birmingham sell over asking?
30% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.
What are property taxes in Birmingham?
About 0.44% of a home’s value a year in Shelby County, or roughly $1,760 on a $400,000 home.
What is the median home price in Birmingham?
The median sale price was $574,751 in the three months ending August 31, 2026, about $198 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