Birmingham Housing Market Update | November 3, 2026 Good news: Mortgage rates fell for the second week in a row. Bad news: Someone forgot to tell the housing market it was supposed to celebrate. Freddie Mac reported that the average 30-year fixed mortgage rate dropped to 7.24% on October 29, down from 7.40% just two
Mortgage Rates Fell Again. Birmingham Buyers Didn’t Rush Back. Read More »
October 27, 2026 | J.L. Miller Realty | Greater Birmingham Real Estate Market* Mortgage rates finally gave homebuyers a little breathing room last week. But while everyone was watching interest rates, something else was happening across the Birmingham housing market. The number of homes available for sale was shrinking. And depending on where you’re looking
The Greater Birmingham housing market is generally balanced in September 2026, but conditions vary significantly by location. Close-in areas such as Homewood and Vestavia Hills remain more competitive for buyers, while parts of Birmingham and St. Clair County offer buyers greater negotiating leverage.
Greater Birmingham single-family real estate data for the period February 28–August 30, 2026, with updates last noted in early September 2026. This overview reflects the latest trends in the Birmingham housing market and can help readers understand shifts in demand and pricing. The Birmingham housing market has settled into a balanced, more predictable rhythm heading
Birmingham Housing Market 2026: Prices, Trends & Forecast (End-of-August Update) Read More »
A More Balanced, More Local Market: Greater Birmingham’s August Report Single-Family Residential — Total Market Overview for the period February 9, 2026 through August 9, 2026 The state of the market Greater Birmingham is settling into a healthier, more balanced rhythm and the story is increasingly a local one. With all three core counties now
Community rankings can help narrow a home search, but relocating buyers should test the route, compare the housing and understand how each location fits their actual daily life.
Understanding Birmingham Commutes for Relocating Buyers Read More »
Greater Birmingham is no longer one market — it’s two. Over the mountain, in Vestavia Hills and Homewood, homes are still selling above asking in under three weeks. Out in the affordable core — the city of Birmingham’s entry-level inventory, Gardendale, and parts of Alabaster and Pelham — listings are sitting longer, conceding price, and quietly expiring without a sale.
The Two-Speed Market: A Mid-Year Reality Check on Greater Birmingham Real Estate Market Read More »
A family earning $70,000 a year purchasing a $200,000 home in Birmingham could access more than $20,000 in assistance through programs that can be stacked together. Some of that money is a forgivable loan. Some is a grant. Some is an annual tax credit that puts money back in your pocket every year for the life of your mortgage. And some programs require zero down payment at all.
You Don’t Need $20,000 Saved to Buy a Home in Birmingham. Here’s Why. Read More »
Birmingham’s single-family housing market just tapped the brakes. Not a crash. Not a frenzy. More like a deep breath. Let’s talk about what we’re seeing. Are prices going up or down? Short answer: they’ve inched down this week. The average sale price in Birmingham is now about 8,351, down from 2,992 the week before. Let’s
Birmingham Real Estate Market Report: 2024 vs. 2025 (Latest Data) Overview at a Glance Metric 2024 2025 Change Monthly Units Sold 3,662 3,098 ↓ 15% Monthly Sales Volume $1,157M $1,078M ↓ 6.76% YTD Units Sold 28,220 27,415 ↓ 2.85% YTD Sales Volume $8,898M $9,222M ↑ 3.64% Days on Market 58 days 63 days ↑ 8.62%
Birmingham Real Estate Market Update 2025: Prices Up 6.7% as Sales Slow Read More »