Birmingham Market Report

$1,189,841

AVERAGE PRICE OF 226 HOMES

$3,100,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,942,635

AVERAGE PRICE OF 101 MULTI-MILLION DOLLAR HOMES

$1,807,921

AVERAGE PRICE OF 48 NEWLY BUILT HOMES

$1,422,580

AVERAGE PRICE OF 5 HOMES WITH A POOL

$506,333

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $1,189,841
Avg Bedrooms 3.51 beds
Avg Bathrooms 3.08 baths

Average Price by Bedrooms

1 bedroom $145,450
2 bedrooms $782,402
3 bedrooms $871,552
4 bedrooms $1,354,084
5 bedrooms $1,946,305
Birmingham Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 446 397 182 353 397
Average Price $1,094,470 $1,122,980 $1,094,793 $1,078,880 $1,038,687
Avg Price Change -2.60% +2.57% +1.47% +3.87% -2.99%
Median Price $866,897 $882,716 $856,022 $881,659 $879,158
Med Price Change -1.82% +3.12% -2.99% +0.28% +3.52%
Avg Bedrooms 3.43 beds 3.47 beds 3.49 beds 3.51 beds 3.52 beds
Avg Bathrooms 3.39 baths 3.47 baths 2.97 baths 3.37 baths 3.45 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 226 $1,189,841 64 days
Distressed Homes 1 $3,100,000 65 days
Multi-Million Dollar Homes 101 $1,942,635 90 days
Newly Built Homes 48 $1,807,921 122 days
Homes with a Pool 5 $1,422,580 26 days
Reduced Price Homes 3 $506,333 17 days
Arterra Realty
Arterra Realty Michigan LLC
425 South Main Street, Suite 101
Rochester, MI 48307
248-731-0048

Arterra Realty Clinton Twp LLC
The Mall at Partridge Creek
17370 Hall Road, Suite 111B
Clinton Township, MI 48038
586-460-2040

Arterra Realty Detroit LLC
Cocoon Building
2785 East Grand Blvd
Detroit, MI 48211
248-731-0048

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