Birmingham, MI
Housing market overview · Updated weekly
$671,250median sale price
Homes sold
22
Last 12 weeks
Days on market
43
Average pace
Active listings
83
3.8 months supply
Sale-to-list
96.6%
Below asking
The Birmingham housing market is currently classified as a balanced market with a median sale price of $671,250. Prices have fallen 12.5% compared to last year, with homes spending an average of 43 days on market, indicating 3.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Birmingham?
The median home sale price in Birmingham is $671,250, down 12.5% from last year.
How long do homes stay on market in Birmingham?
Homes typically spend 43 days on market before going under contract.
Is Birmingham a buyer's or seller's market?
With 3.8 months of supply, Birmingham is currently a balanced market.
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