Housing in Homewood, AL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$404,950
Median List Price
$499,950
Price Per Sq Ft
$240
Days on Market
63
Active Inventory
59
Months of Supply
3.3
Seller's market
Zillow Home Value
$532,631
ZHVI — January 2026
Zillow Rent Index
$1,788
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
16.7%
Off Market in 2 Weeks
48.0%
Sale-to-List Ratio
96.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
18
New Listings
24
Pending Sales
25
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$240
Median List $/SF
$288
Homewood vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Homewood is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$502,300
Median Rent
$1,457
Total Housing Units
10,744
Vacancy Rate
10.9%
Owner Occupied
64.4%
Renter Occupied
35.6%
Median Property Tax
$3,174
per year
Monthly Cost (w/ Mortgage)
$1,827
Housing Types
The current median sale price in Homewood, AL is $404,950 according to Redfin data. Homes spend a median of 63 days on the market. 16.7% of homes sold above asking price. The market has 3.3 months of supply. The median price per square foot is $240. Zillow's observed rent index is $1,788/month. About 64.4% of housing units are owner-occupied. The median year homes were built is 1970. There are 10,744 total housing units.