Markets/Alabama/Birmingham-Hoover

Birmingham-Hoover, AL Real Estate Market 2026

Investor-grade market analytics for Birmingham-Hoover, Alabama. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$262,563

+2.4% year-over-year

Est. Rental Yield

6.5%

gross annual

12-Month Forecast

+2.4%

base case (Zillow ZHVF)

+2.4% year-over-year

Climate Risk

34/100

Low

Market Momentum

➡️
Neutral
3.8mo supply · Score 0/7

Net migration: Bottom 11% nationally

Income Migration

📉 Wealth Drain0.90x

In-migrants avg $62,391 AGI vs out-migrants $69,481

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Opportunity Zone Market

22 ZIP codes in Birmingham-Hoover are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Birmingham-Hoover Market Summary

Birmingham-Hoover, AL shows steady growth at 2.4% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 3.77x, below the national average of 4.8x. Climate risk remains low (34/100), favorable for long-term investment stability. Rental yield of 6.55% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score89/100
Price-to-Income Ratio3.8x (national avg 4.8x)
Median Household Income$69,627

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+1.2%
Base Case+2.4%
Bull Case+3.6%

Climate & Natural Hazard Risk

Birmingham-Hoover, AL's primary climate exposure is tornadoes (67/100). The composite climate risk score of 34/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Birmingham-Hoover dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.