How competitive is the Birmingham housing market?

Birmingham is competitive as of May 2026, with a Sold Score of 56/100 (Fair Chance of Selling). **Pending ratio** is 0.59 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +8.2% — more choices for buyers than a year ago. **Median days on market** is 54. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 33.3% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 56/100 (Fair Chance of Selling) · Pending ratio: 0.59 · Inventory YoY: +8.2% · Median days on market: 54 · Sellers cutting price: 33.3% · Median listing price: $300,000 (-3.2% YoY)