Birmingham Real Estate Market Trends & Statistics 2017-2018
Located in the foothills of the Appalachian Mountains, Birmingham is the most-populous city in the state of Alabama and the county seat of Jefferson County.
At the height of the nation’s manufacturing age, the city grew so fast in population it was nicknamed the “Magic City.” The nickname stuck when they discovered it was also the only city in the world where the three raw ingredients used to make steel (coal, limestone, and iron ore) occur naturally in a ten-mile radius.
In the last few decades, Birmingham has undergone a major revitalization, becoming a hub for publishing, medical research, banking, construction, and service-based companies. Today, the Magic City is considered one of the nation’s most livable cities because of its vibrant downtown, burgeoning loft community, and world-class culinary scene. In fact, Birmingham was voted the #1 Up-and-Coming Food City by Zagat in 2016.
Watch this video to learn more about the Birmingham real estate market, and what we can expect in 2018 and beyond.
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- For more in depth information check out our Birmingham Best Market page.