New - 8 hours on Rocket
$2,310 Closing Credit¹
#21410211, Vinnie Alonzo, Listing Office: RE/MAX Advantage South
Homewood Housing Market Report January 2025•Jefferson County, Alabama
Housing Prices in Homewood, AL
How much do homes in Homewood, AL cost?
Housing Market Conditions
Is Homewood, AL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Homewood is a Buyer's Market
Difference Since December 2024
Last month, Homewood was a Seller's Market.
Insight
Homewood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$557,450$287/SqFt
+$92,950
+20.0%
Based on all homes sold in January 2025
Insight
Homes in Homewood have sold for 20% more than they did a month ago.
Summary: The median home sold price in Homewood was $557,450 in January 2025, up 20% from last month, and the median price per square foot was $287.
Median Sold Price By Cities
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Homewood | $464.5K | $557.4K | +20.0% |
| Vestavia Hills | $475K | $550K | +15.8% |
| Mountain Brook | $897.5K | $864.5K | -3.7% |
| Hoover | $450K | $399.9K | -11.1% |
| Birmingham | $261.5K | $223.5K | -14.5% |
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $140K | $245K | +75.0% |
| 22 Bedrooms | $600K | $169.5K | -71.8% |
| 33 Bedrooms | $444.9K | $557.4K | +25.3% |
| 44 Bedrooms | $697.5K | - | N/A |
| 55+ Bedrooms | $1.2M | $1.4M | +19.8% |
Summary: Homewood housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +75.0%. The home price for 2 bedroom homes decreased by -71.8%. The home price for 3 bedroom homes increased by +25.3%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes increased by +19.8%.
Housing supply in Homewood, AL
How many homes are available in Homewood, AL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 61Last MonthJan 2025 | ||
| 572 months agoDec 2024 | +7.0 % Change MoMDec – Jan |
Summary: The Homewood real estate market had 61 homes for sale in Jan 2025, a 7.0 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthJan 2025 | ||
| 202 months agoDec 2024 | -60.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 4 | +100.0% |
| 22 Bedrooms | 12 | 11 | -8.3% |
| 33 Bedrooms | 25 | 24 | -4.0% |
| 44 Bedrooms | 12 | 15 | +25.0% |
| 55+ Bedrooms | 6 | 7 | +16.7% |
Summary: Homewood housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -8.3%. The inventory for 3 bedroom homes decreased by -4.0%. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes increased by +16.7%.
Asking Price vs. Sold Price
How much do homes in Homewood, AL cost?
Over Asking Price2 Homes
At Asking Price3 Homes
Under Asking Price3 Homes
Insight
If you're buying a home in Homewood, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Homewood in January 2025, down by 60.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and and 25% were sold over asking.
Days on Market for Homewood, AL
How long does it take to sell a home in Homewood, AL?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days1 Home
Over 90 Days1 Home
Insight
Many homes in Homewood are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 8 homes were sold in Homewood; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 29 DaysLast MonthJan 2025 | ||
| 50 Days1 month agoDec 2024 | -40.7 % Change MoMDec – Jan |
Summary: Homes in Homewood had an average listing age of 29 days in Jan 2025, down by 40.7% compared to the previous month.
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Newest Listings in Homewood, AL
What homes are available in Homewood, AL?
New - 1 day on RocketVideo tour
$2,078 Closing Credit¹
#21410036, JD Perry, Listing Office: Steel City at Keller Williams Realty
New - 1 day on RocketVideo tour
$4,393 Closing Credit¹
#21409995, Heather Willoughby, Listing Office: Keller Williams Realty Vestavia
New - 3 days on RocketVideo tour
$4,571 Closing Credit¹
#21409827, Brandi Ard, Listing Office: Decas Group, Inc.
Video tour
$2,019 Closing Credit¹
#21409362, Mary Bell, Listing Office: LAH - Homewood
Video tour
$2,078 Closing Credit¹
#21409320, Emily Gladden, Listing Office: ARC Realty Cahaba Heights
Backup offersVideo tour
$4,988 Closing Credit¹
#21409229, Justin Painter, Listing Office: Keller Williams Homewood
Video tour
$1,543 Closing Credit¹
#21409138, Aldrich Callins, Listing Office: A.G. Callins & Associates
Video tour
$1,781 Closing Credit¹
#21408822, Matthew Calhoun, Listing Office: RealtySouth-MB-Cahaba Rd
Video tour
#21408341, LaSharn Calhoun, Listing Office: Town Square Realty
Video tour
$6,888 Closing Credit¹
#21408296, TaJay White, Listing Office: Dreamtree Realty
$7,659 Closing Credit¹
#21408218, Margie Beth Shaw, Listing Office: Keller Williams Realty Vestavia
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MLS Disclaimers and Copyright
Based on information from Greater Alabama MLS, for the period 12/01/2024 - 02/01/2025
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2025 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 2:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.