Homewood, AL housing market
The typical Homewood home is worth about $571,000, up 6.5% in a year, 136% above the Alabama typical home. Homes typically sell in 33 days, close to asking.
Home values, sales, trends and how Homewood compares with the towns next door — updated as new data is published.
Homewood at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Homewood | Alabama |
|---|---|---|
| 2017 | $338,000 | $147,000 |
| 2018 | $356,000 | $152,000 |
| 2019 | $373,000 | $158,000 |
| 2020 | $396,000 | $170,000 |
| 2021 | $439,000 | $188,000 |
| 2022 | $478,000 | $215,000 |
| 2023 | $503,000 | $228,000 |
| 2024 | $517,000 | $233,000 |
| 2025 | $528,000 | $238,000 |
| 2026 | $548,000 | $239,000 |
| August 2026 | $571,000 | $242,000 |
Homewood and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Homewood | $571K | +6.5% | 33 | $94,485 |
| Birmingham | $137K | −2.4% | 54 | $46,051 |
| Vestavia Hills | $567K | +4.3% | 34 | $134,369 |
| Hoover | $439K | +3.1% | 50 | $109,253 |
| Mountain Brook | $1.05M | +8.2% | 5 | $201,479 |
6 years of income
The typical Homewood home costs about 6 years of the town's median household income, more than across Alabama (3.8 years).
How Homewood ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Recent listings in Homewood
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.