House Price Index
A regional index helps show broad price movement over time. It is useful for context, but it is not the appraised value or expected resale price of a specific property.
Market Intelligence
Read the market.
Then read the property.
Alexti Global, LLC uses broad market data as context—not as a substitute for property-specific comparable sales, condition, execution planning and due diligence.
Regional Historical ContextBirmingham-Hoover HPI
+38.9%Q2 2021 → Q2 2026Source: U.S. Federal Housing Finance Agency via FRED. Reviewed Sep 24, 2026.
How to Read the Numbers
Different metrics answer different questions.
The website deliberately separates regional trend data, local market snapshots and project-specific assumptions so one number is not asked to do the work of another.
Median Sale Price
A local median describes the midpoint of recent recorded sales in the selected market and period. Property mix can influence the number from one period to another.
Year-over-Year Change
This compares the current period with the same period one year earlier. It describes recent movement and should not be read as a forecast of the next year.
Sale-to-List Ratio
This compares recorded sale prices with the corresponding list prices. It can help frame buyer competition but does not determine the outcome of an individual listing.
Geographic Context
Birmingham and surrounding cities require more than one data lens.
Alexti Global serves Birmingham and surrounding cities. Source labels such as “Birmingham-Hoover” or “Homewood” are preserved because they are the geographic definitions used by the underlying data provider.
The historical index describes a broader metropolitan market. It is intended to show direction and longer-term context.
The local snapshot is narrower and more current, but it still represents a collection of transactions rather than the subject property.
A project decision should ultimately be tested against the subject property's location, condition, scope, comparable sales, costs and exit assumptions.
Source & Review Register
Know where the public numbers came from.
Market values on this site are manually maintained. An administrator verifies the cited source and records a review date before the figures are published.
Regional sourceU.S. Federal Housing Finance Agency via FRED
- Period shown
- Q2 2021 → Q2 2026
- Last reviewed
- Sep 24, 2026 CURRENT
Local sourceRedfin Homewood, AL housing market
- Snapshot period
- August 2026
- Last reviewed
- Sep 24, 2026 CURRENT
Decision Framework
How market context enters a project review.
- 01Frame the market
Review broad regional direction and recent local activity.
- 02Study the property
Examine condition, location, planned scope and property-specific comparable sales.
- 03Test the economics
Compare acquisition, improvement, time, transaction costs and exit assumptions.
- 04Review risk
Separate what is known today from estimates, future conditions and execution variables.
From Context to Opportunity
Review the project-specific assumptions next.
Market information is one input. Each opportunity should be evaluated on its own documents, numbers and risks.