News Summary
Birmingham is set to showcase 16 new home listings this weekend, featuring properties ranging from 3 to 5 bedrooms with prices starting at $99,000. Notable listings include a spacious 4-bedroom home in Mountain Brook for $995,000 and several options in Hoover and Vestavia Hills. The housing market is competitive, with homes averaging about 15 days on the market as economic factors influence affordability. This weekend’s open houses present promising opportunities for potential buyers.
Birmingham
This weekend, Birmingham will feature 16 new listings for homes available for viewing, providing diverse options for prospective buyers in the local housing market. With homes ranging from 3 to 5 bedrooms and prices starting at $99,000, the listings cater to various needs and budgets.
Featured Listings
One of the notable properties on the market is at 4244 Sharpsburg Drive, Mountain Brook, AL 35213, offering a spacious 4-bedroom, 3 full and 1 half bath layout on a 0.4600 acre lot for $995,000. Interested buyers can contact Bert Siegel at 205-960-0645.
Another attractive listing is located at 3317 Overton Road, Mountain Brook, AL 35223, featuring 4 bedrooms and 3 baths on a 0.4100 acre lot, priced at $895,000. Helen Drennen can provide further details at 205-222-5688.
In Hoover, homeowners might consider 445 Founders Park Drive, Hoover, AL 35226, a 3-bedroom, 2 full and 1 half bath property on a 0.3600 acre lot, available for $799,900. Sherri Williams is available for inquiries at 205-979-3055.
Another appealing option is at 1660 Warren Lane, Vestavia Hills, AL 35243, which offers 4 bedrooms and 4 full baths for $799,900. Hayden Wald can be reached at 205-919-5535 for more information.
There are also several open houses scheduled for May 25. For example, 2824 Falliston Lane, Hoover, AL 35244 will be open from 2:00 PM to 4:00 PM, featuring 5 bedrooms and 4 baths for $675,900. Anna Lu Hemphill will be available to answer any questions at 205-540-6135.
Other open houses include a property at 309 Dunrobin Circle, Pelham, AL 35124 and 4526 Brexton Street, Trussville, AL 35173, both priced below $515,000 and $459,900, respectively.
Market Trends
The Birmingham housing market is experiencing a notable shift as the inventory of available properties has improved from its historic lows, although it still remains beneath the peak levels seen in previous years. Homes are currently averaging around 15 days on the market, indicating a competitive marketplace.
Current economic factors influencing the market include a 30-year fixed mortgage rate of approximately 6.5%, which is notably higher than pre-pandemic levels. This increase impacts home affordability and the dynamics of buying and selling properties in the area.
Background Context
While the Birmingham metropolitan area is the largest in Alabama, there has been a slight population decline in urban centers, yet the demand for homes remains strong. As of January 2025, the median sales price for homes in Birmingham stood at $282,000, considerably lower than the national median. Projections indicate a modest increase in home values, with an estimated rise of 0.3% anticipated between January 2025 and January 2026.
In summary, this weekend’s new home listings in Birmingham present promising opportunities for potential buyers. The current housing market demonstrates a mix of affordability and swift sales, making it an attractive option for those looking to invest in real estate.
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Additional Resources
- Bham Now: Birmingham WorkEBSCO Income Properties
- Crain’s Detroit: JPMorgan Chase Birmingham Building Tops Out
- Norada Real Estate: Birmingham AL Real Estate
- Detroit News: Leasing Opens Birmingham Pointe Mixed-Use Luxury Development
- Bham Now: Alabama’s Largest Real Estate Event Coming to Birmingham
- Wikipedia: Birmingham
- Google Search: Birmingham Real Estate
- Google Scholar: Birmingham Real Estate Market
- Encyclopedia Britannica: Birmingham
- Google News: Birmingham Housing Market
