Homewood Commercial Real Estate

100 Green Springs Hwy Ste - 2 Spaces Homewood, AL  
Sep 09
10,000 - 11,400
sqft
Office
120 Summit Pkwy - 4 Spaces Homewood, AL This listing is a full service lease.
Aug 02
570 - 1,030
sqft
Office Medical Retail Industrial

Homewood

Market Report

Number of Listings
Posted in the last 90 days
67
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,890

Homewood Rates

The typical asking rate per listing is in the $20's per square foot per year. The Homewood region is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% decrease in rent.

Compared to the rest of the Birmingham market, the Homewood submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.

Homewood Listing Supply

In the last 90 days, 277 listings have been made available, so you'll want to check back regularly for new listings. About 17% of the listings in the Homewood are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,600 sqft. Most buildings in this market are around 2 floors. Most buildings in this market were built in 1980 and are Class A.

Homewood Community

Market Data

Real time and historical data on commercial real estate listings in Homewood.
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