Birmingham, AL
House prices for this metro area, real and nominal, since FHFA's series begins.
FHFA purchase-only · 1991 Q1 to 2026 Q2 · real terms in 2024 dollars · built 2026-10-31
All metro areas · this area is birmingham al on the rankings
The index
Real and nominal, first quarter of the series = 100; the shaded band is 2007 to 2012.
How this is measured
Real terms deflate each quarter by that year's US CPI, stated in 2024 dollars; the CPI runs to 2024, so later quarters sit at 2024 prices until the next print. Purchase-only means repeat sales of the same homes with refinance appraisals excluded, the cleaner of FHFA's two indices, published for the 100 largest metro areas.
One year
One year real +0.8%
nominal +0.8%
Five years
Five years real +14.6%
nominal +32.7%
Ten years
Ten years real +43.9%
nominal +88.1%
Twenty-five years
Twenty-five years real +47.4%
nominal +161.1%
Since 2000
Since 2000 real +49.7%
nominal +172.7%
2007 to 2012
crash, real −27.3%
2007Q2 to 2012Q1
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 403.2 | 403.2 | real year on year +3.8% |
| 2025 Q4 | 388.4 | 388.4 | real year on year +1.2% |
| 2024 Q4 | 383.8 | 383.8 | real year on year +0.6% |
| 2023 Q4 | 370.5 | 381.4 | real year on year +2.4% |
| 2022 Q4 | 347.6 | 372.6 | real year on year +0.5% |
| 2021 Q4 | 320.2 | 370.6 | real year on year +7.5% |
| 2020 Q4 | 284.6 | 344.9 | real year on year +10.6% |
| 2019 Q4 | 254.2 | 311.9 | real year on year +4.3% |
| 2018 Q4 | 239.4 | 299.1 | real year on year +1.5% |
| 2017 Q4 | 230.2 | 294.6 | real year on year +4.1% |
| 2016 Q4 | 216.6 | 283.1 | real year on year +5.1% |
| 2015 Q4 | 203.5 | 269.3 | real year on year +3.6% |
| 2014 Q4 | 196.2 | 259.9 | real year on year +1.4% |
| 2013 Q4 | 190.4 | 256.4 | real year on year +4.9% |
| 2012 Q4 | 178.9 | 244.4 | real year on year +0.7% |
| 2011 Q4 | 174.2 | 242.9 | real year on year −7.5% |
| 2010 Q4 | 182.6 | 262.6 | real year on year −10.4% |
| 2009 Q4 | 200.6 | 293.3 | real year on year +3.2% |
| 2008 Q4 | 195.1 | 284.2 | real year on year −8.1% |
| 2007 Q4 | 204.3 | 309.1 | real year on year −5.0% |
| 2006 Q4 | 209.1 | 325.4 | real year on year +3.6% |
| 2005 Q4 | 195.6 | 314.2 | real year on year +2.7% |
| 2004 Q4 | 184.2 | 305.9 | real year on year +4.5% |
| 2003 Q4 | 171.7 | 292.8 | real year on year +2.2% |
| 2002 Q4 | 164.3 | 286.5 | real year on year +3.6% |
| 2001 Q4 | 156.2 | 276.6 | real year on year +1.3% |
| 2000 Q4 | 149.9 | 273.1 | real year on year −0.6% |
| 1999 Q4 | 145.9 | 274.7 | real year on year +1.3% |
| 1998 Q4 | 141.0 | 271.3 | real year on year +3.1% |
| 1997 Q4 | 134.7 | 263.2 | real year on year +0.0% |
| 1996 Q4 | 131.6 | 263.2 | real year on year +1.6% |
| 1995 Q4 | 125.8 | 259.0 | real year on year +0.9% |
| 1994 Q4 | 121.3 | 256.6 | real year on year +3.1% |
| 1993 Q4 | 114.6 | 248.9 | real year on year +2.8% |
| 1992 Q4 | 108.3 | 242.2 | real year on year +1.9% |
| 1991 Q4 | 103.2 | 237.7 | — |
2026 Q2403 · real 403real year on year +3.8%
2025 Q4388 · real 388real year on year +1.2%
2024 Q4384 · real 384real year on year +0.6%
2023 Q4370 · real 381real year on year +2.4%
2022 Q4348 · real 373real year on year +0.5%
2021 Q4320 · real 371real year on year +7.5%
2020 Q4285 · real 345real year on year +10.6%
2019 Q4254 · real 312real year on year +4.3%
2018 Q4239 · real 299real year on year +1.5%
2017 Q4230 · real 295real year on year +4.1%
2016 Q4217 · real 283real year on year +5.1%
2015 Q4203 · real 269real year on year +3.6%
Source
FHFA House Price Index, purchase-only, quarterly, not seasonally adjusted, CBSA 13820. Real terms by the World Bank's US consumer price index, annual.