49Alpha

Birmingham, AL metro area Housing Market Brief

metro · as of May 2026

Balanced

What is Birmingham, AL metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+2.166
Inventory Health25%
+2.234
Affordability20%
No data
50
Economic Strength20%
No data
50
Rental Yield15%
No data
50

Where is Birmingham, AL metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Birmingham, AL metro area is classified as Matureholding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

Birmingham, AL metro area housing market data

MetricValueYoY
Median Sale Price$331K▲ +7.1%
Median Days on Market52 days▲ +4%
Months of Supply3.8▲ +11.8%
Homes for Sale4,998-2.4%
Homes Sold1,315-11.4%
Median Price / Sq Ft$169▲ +6.1%
Sale-to-List Ratio98.8%▲ +0.3%

How has Birmingham, AL metro area’s Alpha Score moved?

Now: 49
3-period trend
Median sale price · 12 mo

Markets like Birmingham, AL metro area

Frequently asked questions

Is Birmingham, AL metro area a buyer's or seller's market?

As of May 2026, Birmingham, AL metro area is classified as a Balanced Market, based on its Alpha Score of 49 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Birmingham, AL metro area?

The median sale price in Birmingham, AL metro area is $331K, having risen 7.1% over the past year.

How affordable is Birmingham, AL metro area?

Birmingham, AL metro area scores 50 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Birmingham, AL metro area's Alpha Score?

Birmingham, AL metro area's strongest dimension is Price Momentum (66/100) and its weakest is Inventory Health (34/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Birmingham, AL metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.