Median home value: $533K (+3.8% YoY). Rent: $1,788/mo. Price-to-rent: 24.8x. Part of Birmingham-Hoover, AL.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Birmingham-Hoover, AL metro page.
Home Value$532,631
+3.8%
Rent$1,788/mo
AFFORDABILITYRenting $1,149/mo cheaper ($1,788 rent)6.00% 30yr, 20% down, county tax + AL ins. 28% per HUD.
Enter your income for Homewood.
$106,526 on $532,631
Out of reach — 47% of income
Need $125,871/yr to afford.
PITI$2,937
P/I47%
Afford$317K
Gap-$215K
P&I $2,555Tax $182Ins $200
Home Buying Kit For Dummies (2025)Financing, negotiation, closing