Is Birmingham, MI 48009 a buyer’s or seller’s market?
Birmingham is a seller’s market. With about 2.9 months of supply and 24% 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 59% of U.S. ZIP codes, and #315 of 510 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, 24% of homes in Birmingham, MI 48009 sold above their list price, the typical home went under contract in 25 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 126 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 31%, homes sold more slowly (21 days then) and the median sale price rose 14% to $1,062,040. Overall, Birmingham is less competitive than a year ago, which gives buyers more room.
Within Oakland County, homes here sell more slowly than in 78% of the county’s ZIP codes, and sell less often over asking than in 94%. On our competition score, Birmingham ranks #315 of 510 MI ZIP codes with enough sales (score 57 out of 100).
Nearby, buyers who want less competition could look at Oxford 48370 (0% sold over asking) or Southfield 48034 (16% sold over asking), while Huntington Woods 48070 (74% sold over asking) and Pleasant Ridge 48069 (54% sold over asking) are even more competitive.
Run the numbers for 48009
Nearby markets
Auburn Hills 48326Seller’s market $187 /sq ftBerkley 48072Seller’s market $227 /sq ftBloomfield Hills 48301Seller’s market $271 /sq ftBloomfield Hills 48302Seller’s market $229 /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 2.9 months of supply in Birmingham, MI 48009 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 25 days in the latest three months.
Do homes in Birmingham sell over asking?
24% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.
What are property taxes in Birmingham?
About 1.27% of a home’s value a year in Oakland County, or roughly $5,080 on a $400,000 home.
What is the median home price in Birmingham?
The median sale price was $1,062,040 in the three months ending August 31, 2026, about $377 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