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Bessemer, AL Real Estate & Property Data

Bessemer Real Estate Market Trends

Last Updated: April 22, 2025

To gain a better understanding of the real estate market in Bessemer, AL, it is essential to have accurate and comprehensive real estate data. ATTOM provides up-to-date real estate data for Bessemer, which is refreshed on a daily basis. Based on the latest market trends, a total of 1,763 residential properties have been sold in Bessemer, AL over the past year, with a median home price of $184,250 and 11 foreclosure filings. Additionally, the 2022 effective property tax rate in Bessemer is 0.48%. To find more detailed property data for Bessemer, Alabama, look no further than ATTOM.

Bessemer Real Estate Market Trends

Get property data for any address in Bessemer, AL or the country:

Total Residential Properties 27,254

Total Commercial Properties 9,804

Avg. Home Age (Single Family Home) 58 Years

Avg. Square Feet (Single Family Home) 1,476

Total 2025 Residential Sales (year-to-date) 233

% of Homes Seriously Underwater (Q2 2025) 0.87%

Total 2024 Residential Sales 1,642

% of Equity Rich Homes (Q2 2025) 26.16%

Effective 2024 Property Tax 0.48%

Total Foreclosure Filings (year-to-date) 23

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Bessemer, AL Real Estate Overview

A total of 1,763 residential properties have been sold in Bessemer, AL over the past year, with a median home price of $166,735. There are currently 27,254 residential properties in Bessemer, AL, which can be further analyzed by looking at the 3 zip codes and 1963 streets encompassing the city.

Median Sales Price i

$184,250

(Feb 2025)

-5.5%

year-over-year

y-o-y

February '25 Feb '25 $184,250
January '25 Jan '25 $169,500
December '24 Dec '24 $160,500
November '24 Nov '24 $192,000
October '24 Oct '24 $178,750
September '24 Sep '24 $187,450
August '24 Aug '24 $189,900
July '24 Jul '24 $179,000
June '24 Jun '24 $224,000
May '24 May '24 $197,395
April '24 Apr '24 $195,189
March '24 Mar '24 $185,750

Median Down Payment i

$24,869

(Feb 2025)

+18.5%

year-over-year

y-o-y

February '25 Feb '25 $24,869
January '25 Jan '25 $20,250
December '24 Dec '24 $15,225
November '24 Nov '24 $16,847
October '24 Oct '24 $18,200
September '24 Sep '24 $21,250
August '24 Aug '24 $14,074
July '24 Jul '24 $13,925
June '24 Jun '24 $7,447
May '24 May '24 $12,056
April '24 Apr '24 $56,250
March '24 Mar '24 $11,750

Number of Homes Sold i

107

(Feb 2025)

-25.2%

year-over-year

y-o-y

February '25 Feb '25 107
January '25 Jan '25 126
December '24 Dec '24 148
November '24 Nov '24 166
October '24 Oct '24 146
September '24 Sep '24 124
August '24 Aug '24 150
July '24 Jul '24 130
June '24 Jun '24 95
May '24 May '24 156
April '24 Apr '24 132
March '24 Mar '24 140

Number of Purchase Loans i

45

(Feb 2025)

+66.7%

year-over-year

y-o-y

February '25 Feb '25 45
January '25 Jan '25 36
December '24 Dec '24 65
November '24 Nov '24 60
October '24 Oct '24 57
September '24 Sep '24 57
August '24 Aug '24 57
July '24 Jul '24 61
June '24 Jun '24 47
May '24 May '24 47
April '24 Apr '24 40
March '24 Mar '24 39

Number of REFI Loans i

82

(Feb 2025)

-11.8%

year-over-year

y-o-y

February '25 Feb '25 82
January '25 Jan '25 97
December '24 Dec '24 62
November '24 Nov '24 57
October '24 Oct '24 96
September '24 Sep '24 97
August '24 Aug '24 85
July '24 Jul '24 88
June '24 Jun '24 52
May '24 May '24 106
April '24 Apr '24 97
March '24 Mar '24 83

Number of HELOC Loans i

1

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 1
January '25 Jan '25 2
December '24 Dec '24 1
November '24 Nov '24 1
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 1
July '24 Jul '24 N/A
June '24 Jun '24 1
May '24 May '24 1
April '24 Apr '24 1
March '24 Mar '24 3

Bessemer, AL Real Estate Market Overview

Last 30 days

Zip

Median Est. Value
Zip

Median Est. Value
Zip

Median Est. Value

35020

$166,735 $112.97/sqft
35022

$288,649 $165.25/sqft
35023

$187,462 $127.77/sqft

Bessemer, AL Foreclosure Activity

There were a total of 11 Bessemer, AL properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

11

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 11
January '25 Jan '25 12
December '24 Dec '24 5
November '24 Nov '24 8
October '24 Oct '24 10
September '24 Sep '24 7
August '24 Aug '24 19
July '24 Jul '24 13
June '24 Jun '24 6
May '24 May '24 8
April '24 Apr '24 24
March '24 Mar '24 13

Foreclosure Starts i

11

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 11
January '25 Jan '25 12
December '24 Dec '24 5
November '24 Nov '24 8
October '24 Oct '24 10
September '24 Sep '24 7
August '24 Aug '24 19
July '24 Jul '24 13
June '24 Jun '24 6
May '24 May '24 8
April '24 Apr '24 24
March '24 Mar '24 13

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 1
December '24 Dec '24 1
November '24 Nov '24 1
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 2
May '24 May '24 1
April '24 Apr '24 N/A
March '24 Mar '24 3

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