2020 Housing Market Overview

Birmingham Real Estate Market 2020

PLEASE NOTE: The information on this page was gathered before the Coronavirus impact. Things are changing on an hourly basis, and we are working to update our data and keep it current. In the meantime, please do not rely on the information on this page to be current.

Birmingham Real Estate Market Overview

Metro population:
1.2 M
Median household income:
$68,000
Unemployment rate:
2.50%
Median home price*:
$116,000
Median monthly rent*:
$1,150
Birmingham Real Estate Market Trends & Statistics 2020
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Interested in investing in the Birmingham real estate market in 2020? On this page you’ll learn about housing market trends and statistics to help you make that decision.

About Birmingham

Located in the foothills of the Appalachian Mountains, Birmingham is the most-populous city in the state of Alabama and the county seat of Jefferson County.

At the height of the nation’s manufacturing age, the city grew so fast in population it was nicknamed the “Magic City.” The nickname stuck when they discovered it was also the only city in the world where the three raw ingredients used to make steel (coal, limestone, and iron ore) occur naturally in a ten-mile radius.

In the last few decades, Birmingham has undergone a major revitalization, becoming a hub for publishing, medical research, banking, construction, and service-based companies. Today, the Magic City is considered one of the nation’s most livable cities because of its vibrant downtown, burgeoning loft community, and world-class culinary scene. In fact, Birmingham was voted the #1 Up-and-Coming Food City by Zagat in 2016.

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Major Employers in Birmingham

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Property Teams

Property Team details can only be viewed in the Investor Portal, which can be accessed by RealWealth members who are logged in at Investor.RealWealthNetwork.com

Sample properties

Sample properties can only be viewed in the Investor Portal, which can be accessed by RealWealth members who are logged in at Investor.RealWealthNetwork.com.

Disclaimer: The information provided on this page is for educational purposes only. RealWealth makes no warranty or representation as to the accuracy, completeness or reliability of this information. Please be advised that this content may contain errors, is subject to revision at all times, and should not be relied upon for any purpose. Under no circumstances shall RealWealth be liable to you or anyone else for damage stemming from the use or misuse of this information.

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