The typical Homewood home was worth $568,543 in September, a record and up 6.6% in a year. Homewood passed Vestavia Hills in June, and the gap has widened every month since.
Homewood home values rose for a 27th straight month in September. The typical home in the city was worth $568,543, up $3,218 from August. That is the highest figure Zillow has recorded for Homewood.
Values are up $35,167, or 6.6%, from September 2025.
The figures come from the Zillow Home Value Index (Zillow Research), released Oct. 16. The index estimates the value of a typical home in the middle third of the market, single-family homes and condos together. It is smoothed and seasonally adjusted, and it covers all homes, not only those that sold.
Homewood is now ahead of Vestavia Hills
For years, the typical home in Vestavia Hills, about four miles south, was worth more than the typical Homewood home. A year ago the gap was $8,341.
That gap closed over the spring. In June, Homewood moved ahead by $9. It has pulled further ahead every month since:
| Month | Homewood | Vestavia Hills | Difference |
|---|---|---|---|
| May 2026 | $554,885 | $555,722 | Vestavia Hills by $837 |
| June 2026 | $558,101 | $558,092 | Homewood by $9 |
| July 2026 | $561,516 | $560,323 | Homewood by $1,193 |
| August 2026 | $565,325 | $562,346 | Homewood by $2,979 |
| September 2026 | $568,543 | $563,923 | Homewood by $4,620 |
Source: Zillow Home Value Index, city file, September 2026 release.
The reason is pace. Homewood rose 6.6% over the year. Vestavia Hills rose 4.1%.
How Homewood compares
| City | Typical value, Sept. 2026 | Change in a year |
|---|---|---|
| Mountain Brook | $1,054,515 | +8.7% |
| Homewood | $568,543 | +6.6% |
| Vestavia Hills | $563,923 | +4.1% |
| Hoover | $437,458 | +2.9% |
| Jefferson County | $214,208 | +1.5% |
| Birmingham | $134,165 | -2.4% |
| Alabama | $238,614 | +1.9% |
Source: Zillow Home Value Index, city, county and state files, September 2026.
Mountain Brook, about five miles east, is the only neighbor that is both more expensive and rising faster. Birmingham, about five miles north, fell.
Homewood now ranks sixth of the 435 Alabama cities in Zillow’s index. Of the cities in Jefferson County, only Mountain Brook is higher.
The typical home in Homewood’s 35209 ZIP code was worth $536,460, up 6.7% in a year.
Rents are flat
Asking rents have not kept pace. Zillow’s Observed Rent Index put the typical asking rent in Homewood at $1,384 in September. That is down 0.4% from August and up 4.0% from a year earlier.
What it means for you
- Selling? Homewood values are still climbing every month. The index tracks typical homes, so a single house can sell well above or below it.
- Buying? Expect to pay more than in Vestavia Hills for a typical home now, which was not true a year ago.
- Property taxes: your tax bill comes from the Jefferson County assessment, not from Zillow. Our property taxes guide explains how to check and appeal your value.
- More detail: our home prices page has the three-year chart, median sale prices and the federal price index for the Birmingham area. Recent sales are on our real estate transfers page.
Zillow revises past months when it updates its model, so earlier figures can change slightly from one release to the next.
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