41Alpha

Birmingham, AL metro area Housing Market Brief

metro · AL · as of August 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%
-10.056
Inventory Health25%
-8.526
Affordability20%
+4.845
Economic Strength20%
43
Rental Yield15%
+7.241

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

EmergingGrowingMaturePeakingDecliningRecovering

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

What’s the forecast for Birmingham, AL metro area?

Our model forecasts Birmingham, AL metro area’s home prices to hold flat over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Birmingham, AL metro area housing market data

MetricValueYoY
Median Sale Price$324K▲ +2.9%
Median Days on Market58 days▲ +1.8%
Months of Supply5.1▲ +27.5%
Homes for Sale5,223▲ +7.9%
Homes Sold1,022-18%
Median Price / Sq Ft$164▲ +2.7%

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

Now: 41
12-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 August 2026, Birmingham, AL metro area is classified as a Balanced Market, based on its Alpha Score of 41 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 $324K, having risen 2.9% over the past year.

How affordable is Birmingham, AL metro area?

Birmingham, AL metro area scores 45 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 (56/100) and its weakest is Inventory Health (26/100). 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.