Housing in Birmingham, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$812,500

Median List Price

$625,000

Price Per Sq Ft

$359

Days on Market

42

Active Inventory

73

Months of Supply

3.7

Seller's market

Zillow Home Value

$698,790

ZHVI — January 2026

Zillow Rent Index

$2,507

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 5.2%List Price 21.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

10.0%

Off Market in 2 Weeks

50.0%

Sale-to-List Ratio

96.5%

Buyer's market

Sold Above Asking
10.0%
Under Contract in 2 Wks
50.0%
Listings with Price Drops
13.7%

Market Activity

Source: Redfin

Homes Sold

20

New Listings

39

Pending Sales

24

Homes Sold 47.4%New Listings 4.9%Pending 40.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$359

Median List $/SF

$336

Sale $/SF 2.3%List $/SF 4.5%Mar 24Jan 26

Birmingham vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Birmingham 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

$712,700

Median Rent

$1,891

Total Housing Units

10,322

Vacancy Rate

9.7%

Owner Occupied

76.2%

Renter Occupied

23.8%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$2,745

Housing Types

Single Family
76.0%
Multi-Family
24.0%
Mobile Home
0.1%

The current median sale price in Birmingham, MI is $812,500 according to Redfin data. Homes spend a median of 42 days on the market. 10.0% of homes sold above asking price. The market has 3.7 months of supply. The median price per square foot is $359. Zillow's observed rent index is $2,507/month. About 76.2% of housing units are owner-occupied. The median year homes were built is 1960. There are 10,322 total housing units.