Housing Prices in Bessemer, AL

How much do homes in Bessemer, AL cost?

Median List Price

$229,500

$130/sqft

Based on all homes listed in May 2024.

Difference Since Last Month

-$40,400(-15.0%)

Key Takeaway

The list price of homes in Bessemer has decreased by 15% since April.

Summary: The median home list price in Bessemer was $229,500 in May 2024, down 15% from the previous month, and the median price per square foot was $130.

Median List Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 -$25K
N/A
2 $169.9K$104.9K
-38.3%
3 $222K$219.4K
-1.1%
4 $312.4K$304.7K
-2.5%
5+ $359.9K$357.4K
-0.7%

Summary: Bessemer housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 38.3%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 0.7%.

Median List Price Compared To Nearby Cities

Greenwood
+6.2%
Hueytown
-0.1%
Bessemer
-15.0%

Housing Supply in Bessemer, AL

How many homes are available in Bessemer, AL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
67134+100.0%

Summary: The Bessemer real estate market had 134 homes for sale in May 2024, a 100.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 719
+171.4%
3 2966
+127.6%
4 2436
+50.0%
5+ 712
+71.4%

Summary: The Bessemer housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 171.4%, 3 bedroom homes increased by 127.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 71.4%.

Days on Market for Bessemer, AL

How long does it take to sell a home in Bessemer, AL?

Average Listing Age

Apr 2024May 2024CHANGE
74 Days53 Days-27.9%

Summary: Homes in Bessemer had an average listing age of 53 days in May 2024, down by 27.9% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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Newest Listings in Bessemer, AL

Nearby Markets to Bessemer, AL

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MLS Disclaimers and Copyright

Based on information from Greater Alabama MLS, and Gulf Coast Multiple Listing Service for the period 04/01/2024 - 06/01/2024

IDX 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© 2024 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: 6/2/2024, 8:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Information is provided by Gulf Coast Multiple Listing Service, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Gulf Coast 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: 6/2/2024, 8:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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