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Homewood Market Trends

Today, December 7, 2009

Homewood Summary

The median sales price for homes in Homewood AL for Oct 08 to Dec 08 was $193,250. This represents a decline of 40.5%, or $131,500, compared to the prior quarter and a decrease of 23.4% compared to the prior year. Sales prices have appreciated 24.3% over the last 5 years in Homewood.

The average listing price for Homewood homes for sale on Trulia was $327,430 for the week ending Nov 25, which represents a decline of 0.5%, or $1,744, compared to the prior week and a decline of 0.7%, or $2,172, compared to the week ending Nov 04. Average price per square foot for Homewood AL was $137, a decrease of 21.7% compared to the same period last year.

 

Average Listing Price in Homewood

Embed Info
1 yr 5 yr Max
Homewood average property price
Homewood – number of properties
No. BedroomsWeek ending
Nov 25
w-o-wWeek ending
Nov 18
Week ending
Nov 11
Week ending
Nov 4
1 bedroom$246,822+0.3%$246,144$246,144$244,557
2 bedrooms$211,262+0.7%$209,829$207,745$207,995
3 bedrooms$284,613+0.4%$283,536$282,175$286,056
4 bedrooms$432,692-2.8%$445,141$439,078$451,001
All properties$327,430-0.5%$329,174$325,785$329,602
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Homes for Sale in Homewood

323 La Prado Circle, Homewood AL
323 La Pra…
$519,780
4 br  2 ba
601 Broadway Street, Homewood AL
601 Broadw…
$337,500
4 br  2 ½ ba
1919 Wellington Road, Homewood AL
1919 Welli…
$847,780
5 br  4 ½ ba
432 Woodvale Lane, Homewood AL
432 Woodva…
$155,000
3 br  1 ba
513 Broadway Street, Homewood AL
513 Broadw…
$274,900
3 br  2 ba
405 Yorkshire Drive, Homewood AL
405 Yorksh…
$487,900
4 br  3 ba
View all Homewood Homes for Sale
 
Stats & Trends
Homewood

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

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  • 35209
  • 35259
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Nearby Cities

Cities
Median
sales price
Average
listing price
Vestavia Hills
$303,000
$498,299
Vestavia
$285,000
$368,168
Hoover
$250,000
$333,247
Birmingham
$288,670
$273,588
Mountain Brook
$1,750,000
$679,727
Cahaba Heights
$107,000
$161,600
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Advice

Recent Q&A in Homewood, AL

Q: Is this a good market in which to purchase a Hollywood house and renovate with the goal of reselling at $700,000 plus? 2 answers
Q: I am looking for referrals for SFR BPO sources in Birmingham AL. Need thurough understanding of local community and what is selling in the area. 2 answers
Q: My fico score is above 800. What is the best mortgage interest rate with my score ? And doest that score helps to get lower closing cost?If so how low 1 answer
Q: My fico score is above 800. What is the best mortgage interest rate with my score ? And doest that score helps to get lower closing cost?If so how low 2 answers
Q: The home that my clients want to purchase is a foreclosure, where do I start to get information about this property, it is not in mls or courthouse 3 answers

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More Advice:
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Nearby Cities Real Estate

  • Vestavia Hills Real Estate
  • Vestavia Real Estate
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Nearby Cities Sold Homes

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Nearby Cities Home Prices

  • Vestavia Hills Home Prices
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Homewood Stats & Trends

  • Homewood Real Estate Overview
  • Homewood Schools
  • Homewood Community Info
  • Homewood Home Prices
  • Homewood Real Estate
  • Homewood Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Homewood real estate market. Find Homewood properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Homewood average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Homewood housing statistics are available for each Homewood, AL neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.