Birmingham, AL⌄
Market Intelligence · 5–50 Unit Multifamily
▣ Apr 19 – May 18, 2025⌄⇩ Export
GG
InvestorAcquisition Team
⌄Active Listings▥
78↑ 18% vs prior 30 days
Listed 30 Days▤
34↑ 13% vs prior 30 days
Sold 30 Days$
22↑ 10% vs prior 30 days
Median $/Unit◉
$94,750↑ 4.2% vs prior 30 days
Average DOM◷
54↓ 6 days vs prior 30 days
System Status24/7 MonitoringAll systems operational
Top 3 Opportunities
Ranked by Opportunity Score192Great
Crestview Gardens
Birmingham, AL
Units24
Ask Price$1,995,000
$/Unit$83,125
Year Built1968
Market Rent$975
DSCR1.38
288Great
Southside Flats
Birmingham, AL
Units18
Ask Price$1,620,000
$/Unit$90,000
Year Built1972
Market Rent$1,025
DSCR1.32
385Great
Roebuck Commons
Birmingham, AL
Units40
Ask Price$3,420,000
$/Unit$85,500
Year Built1981
Market Rent$1,050
DSCR1.31
Market Trends
Median $/UnitCap RateMarket RentOccupancy
$94,750May 18, 2025
+4.2%vs prior 30 days
+11.8%vs prior 90 days
+18.6%vs prior 12 months
↗Upward trend in pricingMedian $/Unit has increased 18.6% over the past 12 months.
Market Map
Price per Unit⌄North Birmingham$72KEast Lake$65KDowntown$110KAvondale$102KSouthside$88KVestavia Hills$120K
$50K$120K
Deal Pipeline
◎
→New Leads78
⌁
→Analyzing42
★
→Top Opportunities12
⌕
→Under Contract5
✓
Closed (30 Days)7
Listed – Last 30 Days
See all listings →| Property | Units | Ask Price | $/Unit | Year Built | Cap Rate | Occupancy | DOM |
|---|---|---|---|---|---|---|---|
| Highland Park Apartments | 20 | $1,850,000 | $92,500 | 1965 | 6.6% | 85% | 12 |
| Valley View Manor | 16 | $1,300,000 | $81,250 | 1970 | 6.3% | 83% | 9 |
| Finley Gardens | 32 | $2,750,000 | $85,938 | 1982 | 6.9% | 87% | 18 |
| Woodlawn Court | 12 | $975,000 | $81,250 | 1963 | 6.1% | 82% | 6 |
| South East Terrace | 24 | $1,890,000 | $78,750 | 1974 | 6.8% | 84% | 14 |
Sold – Last 30 Days
See all sold →| Property | Units | Sold Price | $/Unit | Cap Rate | Occ. | Close Date |
|---|---|---|---|---|---|---|
| Pinecrest Apartments | 20 | $1,750,000 | $87,500 | 6.6% | 92% | May 16 |
| Greenway Manor | 16 | $1,200,000 | $75,000 | 6.2% | 90% | May 14 |
| Lakeside Flats | 24 | $2,100,000 | $87,500 | 6.4% | 93% | May 12 |
| Oakwood Terrace | 12 | $940,000 | $78,333 | 6.7% | 88% | May 6 |
Market Insights
View report◉
Inventory TighteningActive listings down 18% MoM while sales volume is up 22%.
↗↯
Pricing MomentumMedian $/Unit up 4.2% in the last 30 days and 18.6% YoY.
↗◌
Strong Rent GrowthMarket rent up 3.1% YoY across stabilized assets.
↗▥
Capital MarketsCap rates compressed 12 bps over the last 30 days.
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