Birmingham, Alabama - Real Estate
Birmingham is the largest city in the U.S. state of Alabama, and is the county seat of Jefferson County. The city itself is an industrial nexus, with a population of 236,620, while the Greater Birmingham metropolitan area boasts a total of 1,052,238 inhabitants.
For a major city, Birmingham has seen relatively tame growth in real estate prices over the past few years. The median cost of a home in the area grew 7.4% in 2005, ending the year at $160,800. This level of growth is quite strong, but still well short of the national average for the year.
For that reason, Birmingham is still a relatively inexpensive place to buy property, with particular appeal for first time homebuyers. To get an especially good deal, it might be a good idea to look over foreclosed home listings in the area.
To find foreclosures and rock-bottom real estate bargains in Birmingham, Alabama and other cities across America, please click here.