Housing in Homewood
Homewood's housing market runs genuinely hot and fast-appreciating, with real, disclosed neighborhood-level price variance across its four distinct walkable districts.
Exploring the idea of moving?
We can connect you with a local real estate professional who knows the area -- no pressure, just a starting point.
Learn moreA genuinely fast-appreciating citywide market
Redfin cited a $639,617 citywide median sale price for Homewood as of May 2026, up a real 24.2% year-over-year -- among the faster-appreciating markets documented in this dataset's Alabama coverage. Homes are also selling faster than the prior year, in 36 days on average versus 49 days a year earlier.
Real, disclosed variance by neighborhood
Two neighborhood-specific February 2026 medians ran below the citywide figure: Downtown Homewood at $578,000 (+16.7% YoY) and West Homewood at $484,000 (+21.8% YoY). West Homewood -- historically the more affordable corner of the city -- has been on a genuine, sustained upward trajectory over the last decade, featuring bungalows and cottages near its own Patriot Park and community center.
Distinct architectural character by district
Hollywood, Homewood's historic district, was originally developed in the 1920s as a Mediterranean-inspired community, known for distinctive Spanish tile-roofed homes along Hollywood Boulevard and Bonita Drive -- a genuinely unique architectural pocket not found elsewhere in Alabama. Edgewood, by contrast, is prized for its walkability, older architecture, and highly ranked schools.
Key takeaways
- Homewood's citywide median sale price reached $639,617 in May 2026, up 24.2% year-over-year -- a genuinely hot market.
- Neighborhood-level prices vary meaningfully: Downtown Homewood ($578K) and West Homewood ($484K) both ran below the citywide median as of February 2026.
- West Homewood, historically the more affordable corner of the city, has been on a real, sustained upward trajectory for the past decade.
- Hollywood's Mediterranean-inspired, Spanish tile-roofed architecture is a genuinely unique housing style within Homewood.
Want to know what your budget actually buys here?
Tell us a bit about what you're looking for and we'll connect you with someone local who can walk you through real numbers.
Get local guidanceRead the full Homewood overview for the complete picture -- housing, taxes, climate, and who this place genuinely fits.
Planning a move?
Tell us what you're looking for and we'll connect you with a local expert who can help you make it happen.
Talk to a local expert