All Home Types
Bessemer, AL Housing Market
What is the housing market like in Bessemer today?
In October 2024, Bessemer home prices were down 49.8% compared to last year, selling for a median price of $126K. On average, homes in Bessemer sell after 73 days on the market compared to 179 days last year. There were 14 homes sold in October this year, down from 25 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$125,500
-49.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Bessemer, AL
$125,500
-49.8%
United States
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Bessemer Migration & Relocation Trends
In Sep '24 - Nov '24, 31% of Bessemer homebuyers searched to move out of Bessemer, while 69% looked to stay within the metropolitan area.
- Across the nation, 0.25% of homebuyers searched to move into Bessemer from outside metros.
- Atlanta homebuyers searched to move into Bessemer more than any other metro followed by Los Angeles and Knoxville.
Where are people moving to Bessemer from?
- 69% of Bessemer homebuyers searched to stay within the Bessemer metropolitan area.
- Huntsville was the most popular destination among Bessemer homebuyers followed by Mobile and Florence.
Where are people from Bessemer moving to?
Number of People Moving to Bessemer
least
most
People are moving to Bessemer from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 193 | ||
| 2 | 147 | ||
| 3 | 109 | ||
| 4 | 67 | ||
| 5 | 67 | ||
| 6 | 65 | ||
| 7 | 64 | ||
| 8 | 56 | ||
| 9 | 49 | ||
| 10 | 45 | ||
People are leaving Bessemer for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 311 | ||
| 2 | 72 | ||
| 3 | 58 | ||
| 4 | 54 | ||
| 5 | 51 | ||
| 6 | 47 | ||
| 7 | 39 | ||
| 8 | 30 | ||
| 9 | 11 | ||
| 10 | 10 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
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