Home prices
Bessemer's median home price is $86,500. Compared to its nearby areas it is about $18,060 (26%) higher.It is roughly $131,000 (60%) lower in comparison to the entire nation, and it is approximately $4,600 (5%) lower in comparison to the city of Birmingham.
Rents
The median rent in Bessemer is $743 a month. It is about $37 (4%) lower in comparison to its surrounding areas.Compared to the rest of the country it is approximately $319 (30%) lower, and in comparison to the city of Birmingham it is approximately $94 (11%) lower.
Nearby places
Hueytown
Hueytown is Bessemer's neighbor to the northwest. Its housing prices are a little more expensive. The median home in Hueytown costs $116,700, which comes out to $30,200 (25%) higher than Bessemer. Its rents are a bit more expensive. Hueytown's median monthly rent is $874, which is $131 (14%) higher than Bessemer.
Lipscomb
Lipscomb is Bessemer's neighbor to the northeast. The real estate prices there are a lot less expensive. The median home in Lipscomb is valued at $64,600, which is $21,900 (33%) lower than Bessemer. Rent there is a bit less expensive. The median rent in Lipscomb is $606 a month, which is $137 (22%) lower than Bessemer.
Brighton
Brighton is Bessemer's neighbor to the north. Real estate prices there are significantly less expensive. The median home in Brighton is valued at $49,800, which works out to $36,700 (73%) lower than Bessemer. Rent there is similar. Brighton's median monthly rent is $779, which is $36 (4%) higher than Bessemer.
North Johns
North Johns is approximately 6 miles west from Bessemer. Its housing prices are a lot less expensive. The median home in North Johns is valued at $37,500, which works out to $49,000 (130%) lower than Bessemer. Its rents are similar. North Johns's median rent is $729 a month, which comes out to $14 (1%) lower than Bessemer.
Midfield
Midfield is approximately 6 miles north of Bessemer. Real estate prices there are somewhat less expensive. The median home in Midfield is valued at $73,600, which comes out to $12,900 (17%) lower than Bessemer. Rent there is somewhat more expensive. Midfield's median monthly rent is $911, which works out to $168 (18%) higher than Bessemer.