Birmingham Market Update: What We’re Seeing This Fall 🍂
As we’ve moved from September into October, Birmingham’s real estate market continues to show both resilience and rhythm — with shifts that tell the story of our city’s steady demand and seasonal pace. Whether you’re thinking about buying, selling, or simply staying informed, understanding these month-over-month changes can help you make confident decisions.
Mountain Brook: Fewer Closings, Faster Sales
Mountain Brook saw 23 homes close in October, down slightly from 30 in September, while the average sold price adjusted modestly from $1.31 M to $1.27 M. Interestingly, average days on market dropped from 26 to 21, showing that well-priced properties are still moving quickly even as inventory tightens. Buyers continue to favor move-in-ready homes and curated design — the hallmark of this timeless community.
Vestavia Hills: Demand Rising, Prices Climbing
Vestavia Hills led the fall momentum with 49 closings in October compared to 41 in September. Prices reflected the growing demand, with the average sold price jumping from $549 K to $677 K. Homes also sold faster, shaving 10 days off the average market time. This area continues to be one of Birmingham’s most balanced and sought-after markets, blending convenience, schools, and family-friendly neighborhoods.
Hoover: A Surge in Activity
Hoover’s market remained active with 192 homes sold in October, up from 166 in September. The average sold price nudged slightly higher from $557 K to $571 K, and days on market increased slightly — from 28 to 37 — suggesting buyers have more options but are still motivated. New construction and established neighborhoods alike continue to attract relocating families and investors seeking long-term value.
Homewood: Steady Market with a Strong Price Increase
Homewood saw 23 closings in October versus 28 in September, but the average sold price climbed sharply from $589 K to $680 K. With days on market holding near 22 days, this micro-market remains incredibly competitive. Demand for updated, walkable properties continues to keep Homewood at the top of many buyers’ wish lists.
What This Means for You
Across the Greater Birmingham area, we’re seeing the usual fall softening in volume — yet values remain strong and buyers are still writing offers. The most successful sellers are those pairing accurate pricing with thoughtful presentation, while buyers who act decisively are finding opportunities before the next wave of competition hits in early spring.
Partner with the Franklins of Bham
As a husband-and-wife team with LAH | Sotheby’s International Realty, we bring two experienced Realtors on every transaction — offering our clients double the communication, strategy, and market insight. From Mountain Brook to Hoover and beyond, our approach is simple: equal, elevated service for every client in every representation.
If you’re curious about how these trends affect your home’s value — or if you’re considering a move before the new year — let’s connect. We’d love to guide you through your next chapter with the care, clarity, and confidence that defines Franklins of Bham.
