Market Intelligence Report — AL-820

Birmingham, AL

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-AL-09
As of the latest 2026 data
Stabilizing

Median Listing

$290K
-3.3% YoY

Pending Ratio

0.45
-4.4% YoY

Active Inventory

4,779
+9.8% YoY

Median DOM

61 Days
+6.1% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's stabilizing Birmingham market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Birmingham, AL.

Free ReportNo Sign-up~60 Seconds

The Birmingham metropolitan market is currently stabilizing, characterized by a pending ratio of 0.45. Active listings have expanded by 9.8% year-over-year, while the median listing price has moderated with a 3.3% decline over the past year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.5%+0.7 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

1.20M+0.3% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

308-53.3% YoY

Building permits (private housing units) · Sep 2026

Shows whether future inventory pressure may increase.

U.S. Census Bureau building permits via FRED (St. Louis Fed).

Market Analysis

What's moving the Birmingham market right now.

Inventory growth remains a notable trend, with active listings increasing by 9.8% year-over-year. Concurrently, new listings saw a decline of 5.9% over the past year. The median listing price has softened, experiencing a 3.3% decrease year-over-year, alongside a 1.1% decrease in median price per square foot. The pending ratio has declined by 4.4% year-over-year, suggesting a slower absorption pace.

Gene Darden
Real

“Local pricing and inventory dynamics across Birmingham shift block by block — happy to walk through what's actually closing.”

Historical Analysis

Market Trends

Median Price

$290K-3.3% MoM

Active Inventory

4,779+9.8% YoY

Days on Market

61+6.1% YoY

Sold Score™

60-4.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

60
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market dynamics suggest a moderating pace of transactions, with a pending ratio at 0.45. The expansion in active listings indicates increasing supply availability, which may allow for more protracted negotiation periods. Price discipline is becoming more pronounced, as reflected in the declining median listing price and price per square foot.

Luxury Segment

The luxury segment in Birmingham shows signs of softening, with the average listing price declining by 4.5% year-over-year, a more pronounced decrease than the 3.3% seen in the median listing price. This indicates potential price adjustments at the higher end of the market.

Supply Dynamics

4,779 active listings represent the current floor, with new supply arriving at roughly 1,574 per month.

Pricing Pressure
18.4%

of active listings carry a price reduction, -0.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.1% year-over-year.

Absorption
0.45

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Birmingham, AL? Homes here are taking 4 days longer to sell than last year.

Birmingham, AL is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
45%
Median Days on Market
61 days
Inventory YoY
+10%

Birmingham, AL is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

Check my home's Sold Score →

Talk to a local listing expert covering Birmingham, AL.

Gene Darden →

Real

How these recommendations are chosen →

The Monthly Briefing

Stay ahead of the Birmingham market.

One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.

Track your ZIP

Get the Sold Score for your exact ZIP code in your inbox each month.

One email per month when your ZIP's Sold Score is updated. Unsubscribe anytime.

Metro Demographics

Metro Area
Birmingham, AL
CBSA Code
13820
State
AL

ZIPs in Birmingham, AL

Sorted by active inventory · click a ZIP for its full report

Vetted Local Practitioners

Direct Consultation

Need a real Birmingham expert on the phone?

Skip the search. Our vetted local practitioners know the Birmingham, AL micro-markets, pricing strategy, and negotiation dynamics — and they answer the phone.