Birmingham Real Estate Update

Stay up to date about what’s going on in Birmingham Alabama. We provide the most current information to help guide you through your home buying and selling process. 

Birmingham AL Real Estate Market Update | June 17, 2024

Birmingham Real Estate Market Update | June 17, 2024

Price! One of the top reasons I advise people to buy a home in Birmingham is affordability. Alabama is one of the most affordable states to purchase a home with a median home value of $172,800. Let’s check out the numbers locally. Last week, 315 homes sold with homes selling at a median price of $320,000. The median sale price last month across the US was $439,716. That’s more than $100,000 less. So if you’re considering buying now is a fantastic time! On the development front, Coca Cola broke ground on a new $330 million facility in Birminghams Kingston community. It’s set to create 50 new jobs and retain more than 750 jobs in Birmingham Interest rates continue to be the topic of conversation. Currently, they’re hovering around 7%, which means it’s still a great opportunity for financing your dream home. So if you’re thinking about buying, let’s connect. And Stay tuned for more updates, and if you have any questions or need advice, feel free to reach out. See you guys next week!