#21414613, Tanya Stephens, Listing Office: ERA King - Birmingham
Homewood Housing Market Report March 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 Seller's Market
Difference Since February 2025
Last month, Homewood has remained a Seller's Market.
Homewood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in March 2025
Homes in Homewood have sold for 25.3% more than they did a month ago.
Summary: The median home sold price in Homewood was $602,250 in March 2025, up 25.3% from last month, and the median price per square foot was $298.
Median Sold Price By Cities
City | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
Vestavia Hills | $440K | $555K | +26.1% |
Homewood | $480.7K | $602.2K | +25.3% |
Hoover | $482.5K | $470K | -2.6% |
Birmingham | $295K | $272.6K | -7.6% |
Mountain Brook | $1.0M | $920K | -8.9% |
Median Sold Price By Bedrooms
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | $272.5K | - | N/A |
22 Bedrooms | $175K | $238.5K | +36.3% |
33 Bedrooms | $481.5K | $578.5K | +20.1% |
44 Bedrooms | $692.5K | $1.0M | +44.4% |
55+ Bedrooms | - | $1.5M | N/A |
Summary: Homewood housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +36.3%. The home price for 3 bedroom homes increased by +20.1%. The home price for 4 bedroom homes increased by +44.4%. The home price for 5 bedroom homes did not change.
How does Homewood, AL compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Homewood, AL
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 |
---|---|---|
90Last MonthMar 2025 | ||
732 months agoFeb 2025 | +23.3 % Change MoMFeb – Mar |
Summary: The Homewood real estate market had 90 homes for sale in Mar 2025, a 23.3 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
22Last MonthMar 2025 | ||
222 months agoFeb 2025 | 0.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 5 | 7 | +40.0% |
22 Bedrooms | 14 | 16 | +14.3% |
33 Bedrooms | 31 | 40 | +29.0% |
44 Bedrooms | 17 | 18 | +5.9% |
55+ Bedrooms | 6 | 9 | +50.0% |
Summary: Homewood housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +40.0%. The inventory for 2 bedroom homes increased by +14.3%. The inventory for 3 bedroom homes increased by +29.0%. The inventory for 4 bedroom homes increased by +5.9%. The inventory for 5 bedroom homes increased by +50.0%.
Asking Price vs. Sold Price
How much do homes in Homewood, AL cost?
Over Asking Price9 Homes
At Asking Price5 Homes
Under Asking Price8 Homes
If you're buying a home in Homewood, you could pay more than the asking price. 40.9% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in Homewood in March 2025, the same as the previous month. Of the 22 sold homes, 36% were sold under asking, 23% were sold at asking, and and 41% 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 Days19 Homes
30 – 90 Days1 Home
Over 90 Days2 Homes
Many homes in Homewood are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 22 homes were sold in Homewood; 86% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
16 DaysLast MonthMar 2025 | ||
72 Days1 month agoFeb 2025 | -77.8 % Change MoMFeb – Mar |
Summary: Homes in Homewood had an average listing age of 16 days in Mar 2025, down by 77.8% compared to the previous month.
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Newest Listings in Homewood, AL
What homes are available in Homewood, AL?
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MLS Disclaimers and Copyright
Based on information from Greater Alabama MLS, for the period 02/01/2025 - 04/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/3/2025, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.