Explore Birmingham, AL - Market Insights, Demographics, Crime, Trends & Hotspots

Pulse Score
C+
Cap Rate
31%
Investor Friendly Score
44%
Median Price
$130,500

Market Insights

The present housing market in Birmingham is down with high active listings and low sales volume. Home prices have decreased 23.0% in the past month. At the current sales pace, it would take over 13.5 months to sell all available homes in Birmingham, indicating an oversupplied market. Homes are now taking an average of 254 days to sell, significantly longer than the 46 days typical for this market. A significant 29.6% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Birmingham market with the affordability index at 6.6. Current trends suggest further price adjustments may occur as the market continues to favor buyers.

Demographics market for - Birmingham, AL

Total Population -

211,048

White Population

27%

Black Population

68%

Mexican65% (2% of total population)
Puerto Rican11% (0% of total population)
Cuban1% (0% of total population)
Dominican1% (0% of total population)
Salvadoran3% (0% of total population)
Costa Rican0% (0% of total population)
Gautemalan4% (0% of total population)
Honduran5% (0% of total population)
Nicaraguan1% (0% of total population)
Panamanian1% (0% of total population)
Argentinean0% (0% of total population)
Bolivian0% (0% of total population)
Chilean0% (0% of total population)
Colombian3% (0% of total population)
Ecuadorian1% (0% of total population)
Peruvian1% (0% of total population)
Uruguyan0%
Venezuelan3% (0% of total population)

Indian 9% (0% of total population)
Bangladeshi 2% (0% of total population)
Chinese 11% (0% of total population)
Bhutanese 0%
Burmese 0%
Filipino 1% (0% of total population)
Hmong 0% (0% of total population)
Indonesian 0%
Japanese 2% (0% of total population)
Korean 3% (0% of total population)
Laotian 0%
Malaysian 0% (0% of total population)
Mongolian 0%
Nepalese 0%
Pakistani 0% (0% of total population)
Srilankan 0%
Taiwanese 1% (0% of total population)
Pakistani 0% (0% of total population)
Srilankan 0%
Taiwanese 1% (0% of total population)
Thai 1% (0% of total population)
Vietnamese 2% (0% of total population)

Hawaiian0% (0% of total population)
Samoan0% (0% of total population)
Chamorro0%
Fijian0%
Marshallese0%

Crime for - Birmingham, AL

Homicide Offenses93%
Homicide Offenses7%

Robbery100%

Sex Offenses63%
Kidnapping/Abduction38%

Assault Offenses100%

Motor Vehicle Theft9%
Burglary/Breaking & Entering10%
Larceny/Theft Offenses27%
Destruction/Damage/Vandalism of Property39%
Stolen Property Offenses15%

Fraud Offenses74%
Arson13%
Counterfeiting/Forgery13%

Real Estate Market Prediction for - Birmingham, AL

City Hotspots

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Nearby Cities From- Birmingham, AL

Fultondale, AL

Mulga, AL

Adamsville, AL

Forestdale, AL

Midfield, AL