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Birmingham Housing Market Update

The Birmingham area housing market is healthy and vibrant. If you’re looking for a home for sale in the Birmingham area, the best advise we can share is to:

  • Get familiar with areas by driving neighborhoods
  • Decide how you want to finance your purchase: Cash or mortgage?
  • Decide what price range best fits your needs; if you are getting a loan, what is your comfort level for monthly payments?

    Several neighborhoods have homes available for sale, but inventory is not especially high. As a Buyer, you’ll be best prepared by realizing what this means:

  • Homes that are priced correctly for the market won’t stay available long
  • Don’t be surprised if the home you’re considering gets multiple Offers
  • If you have already taken the initial needed steps to obtain financing, you may wind up in a better position to purchase

    Here’s a look at the number of homes for sale in several popular Birmingham area neighborhoods, according to Greater Alabama MLS:

    Alabaster/Shelby Co. Area
    Saddle Lake Farms – 6
    Sterling Gate – 10
    Lake Forest – 12
    Weatherly – 9

    Helena/Shelby Co. Area
    Old Cahaba – 22
    Riverwoods – 13
    Quail Ridge – 0
    Hillsboro – 19
    Timberlake – 10

    No. Shelby County/Jefferson Co.
    Liberty Park – 14
    Greystone (all neighborhods) – 108
    Meadow Brook – 13
    Eagle Point – 14
    Sunny Meadows – 2
    Highland Lakes – 58

    Vestavia Hills – 201
    Homewood – 85
    Hoover (Jefferson Co.) – 370
    Hoover (Shelby Co.) – 186

    Home for sale in Shelby Co./Birmingham area

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