Residential Property Home Affordability Analysis in Birmingham, AL

Professional affordability calculator optimized for residential properties in Birmingham. Local market data shows 7.4% average cap rates and $235,000 median property values.

Birmingham, AL Market Insights

Median Home Price
$235,000
Average Rent
$1,450/mo
Average Cap Rate
7.4%
Cash-on-Cash Return
12.1%
Days on Market
40 days
YoY Appreciation
4.2%

Residential Property Analysis

This calculator is optimized for residential property investments in Birmingham. The market data above reflects current conditions in the Birmingham real estate market, helping you make informed decisions about residential property investments.

Residential Real Estate in Birmingham

The Birmingham, AL residential real estate market offers unique investment opportunities. With a median home price of $235,000 and average cap rates of 7.4%,residential properties in this market present a strong yield profile.

Current market conditions show properties averaging 40 days on market, with year-over-year appreciation of 4.2%. Average cash-on-cash returns for residential investments in Birmingham are approximately 12.1%.

Other Property Types in Birmingham