Market Overview
Home Prices in Bessemer, AL
The median home value in Bessemer, AL is $135,560 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.4% compared to a year ago and down 6.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Bessemer are priced67% below average. Bessemer is part of the Birmingham-Hoover, AL metro area.
Over the past five years, Bessemer home values have risen by approximately2.3%, reflecting modest growth in this market.
Price History
Bessemer Home Price Trend
City Comparison
Bessemer vs. National Median
At $135,560, homes in Bessemer cost 67% below the national median of $410,000. This makes Bessemer a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Bessemer?
20% Down Payment
$27,112
on $135,560
Monthly P&I
$707/mo
30-yr @ 6.8%
Total Monthly Est.
~$898/mo
incl. taxes & insurance
Income Needed
$35,920
gross annual (30% rule)
10% Down Option
$13,556
+ PMI applies
Loan Amount (20% dn)
$108,448
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Bessemer, AL?
The median home value in Bessemer is $135,560 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.4% year-over-year.
How much have home prices changed in Bessemer?
Over the past year, home values in Bessemer have increased by 2.4%. Over five years, prices have risen approximately 2.3%.
How much do I need to earn to buy a home in Bessemer?
To comfortably afford the median home price of $135,560 with a 20% down payment ($27,112) at today's rates (6.8%), you'd need a gross annual income of approximately $35,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Bessemer compare to the national average home price?
The national median home value is approximately $410,000. At $135,560, homes in Bessemer are 67% below the national average.
What metro area is Bessemer part of?
Bessemer is part of the Birmingham-Hoover, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.