Birmingham Inventory Surges as Home Prices Slip

Active listings climbed well above the national pace

Buyers in Birmingham had meaningfully more homes to choose from last month than a year ago. Active listings rose 8.5% year-over-year—more than four times the national gain of 2.1%. That wider selection took real pressure off buyers who’ve faced stiff competition in recent years.

Fresh listings kept flowing into Birmingham even as the national supply tightened. New listings grew 3.2% year-over-year locally, while nationally they fell 2.5% over the same period. If you’re shopping in Birmingham now, that steady stream of new homes means less urgency and more choice.

List prices dipped, but Birmingham stays affordable

Sellers in Birmingham priced more cautiously last month, and buyers are the ones who benefit. The median list price fell 3.1% year-over-year to $299,900—a steeper drop than the 2.4% national decline and nearly $130,000 below the national median. That gap keeps Birmingham among the most accessible major metros for buyers today.

Nearly one in five Birmingham listings carried a price cut last month, a signal that accurate pricing matters from day one. At 18.6%, the local share of reduced listings ran slightly above year-ago levels but just under the national rate of 20.0%. Buyers who spot already-reduced homes may find room to negotiate further.

Homes took about the same time to sell as last year

The pace of sales in Birmingham barely budged—homes sat on the market for a median of 58 days, nearly unchanged from a year ago. Nationally, homes moved a touch faster at 57 days, with a 1.7% year-over-year pickup in pace. Paired with rising inventory and falling prices, that stability confirms Birmingham leaned toward buyers last month.

This market report has been generated with AI tools, with input from Realtor.com Economic Data Manager Sabrina Speianu. Data reflects July 2026 MLS activity.

Use the Realtor.com housing data portal to get more market data.