36Alpha

Birmingham-Hoover, AL Housing Market Brief

metro · AL · as of May 2026

Buyer's

What is Birmingham-Hoover, AL’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%
50
Inventory Health25%
6
Affordability20%
41
Economic Strength20%
54
Rental Yield15%
40

Where is Birmingham-Hoover, AL in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Birmingham-Hoover, AL is classified as Decliningcooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Birmingham-Hoover, AL housing market data

MetricValueYoY
Median Days on Market52 days▲ +4%

How has Birmingham-Hoover, AL’s Alpha Score moved?

Now: 36
3-period trend

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Frequently asked questions

Is Birmingham-Hoover, AL a buyer's or seller's market?

As of May 2026, Birmingham-Hoover, AL is classified as a Buyer's Market, based on its Alpha Score of 36 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

How affordable is Birmingham-Hoover, AL?

Birmingham-Hoover, AL scores 41 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Birmingham-Hoover, AL's Alpha Score?

Birmingham-Hoover, AL's strongest dimension is Economic Strength (54/100) and its weakest is Inventory Health (6/100). The Alpha Score is a weighted blend of all five dimensions.

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