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Birmingham

Birmingham Market Report

$1,480,402

AVERAGE PRICE OF 251 HOMES

$2,090,041

AVERAGE PRICE OF 147 MULTI-MILLION DOLLAR HOMES

$2,098,961

AVERAGE PRICE OF 55 NEWLY BUILT HOMES

$3,037,667

AVERAGE PRICE OF 12 HOMES WITH A POOL

$1,211,567

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $1,480,402
Avg Bedrooms 3.73 beds
Avg Bathrooms 3.92 baths

Average Price by Bedrooms

1 bedroom $572,300
2 bedrooms $1,060,765
3 bedrooms $1,058,520
4 bedrooms $1,372,048
5 bedrooms $2,257,574
Birmingham Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 242 209 225 245 227
Average Price $1,448,950 $1,476,096 $1,415,749 $1,308,520 $1,348,019
Avg Price Change -1.87% +4.26% +8.19% -3.02% +5.69%
Median Price $1,175,498 $1,250,629 $1,224,435 $1,123,606 $1,174,557
Med Price Change -6.39% +2.14% +8.97% -4.53% +2.49%
Avg Bedrooms 3.63 beds 3.61 beds 3.64 beds 3.54 beds 3.53 beds
Avg Bathrooms 3.8 baths 3.81 baths 3.64 baths 3.3 baths 3.1 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 251 $1,480,402 107 days
Multi-Million Dollar Homes 147 $2,090,041 147 days
Newly Built Homes 55 $2,098,961 176 days
Homes with a Pool 12 $3,037,667 22 days
Reduced Price Homes 12 $1,211,567 103 days
Arterra Realty
425 South Main Street, Suite 101
Rochester, MI 48307
248-731-0048

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