Homewood Office Space


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 27, 2016

Homewood Rates

On average, listings lease in the $30's per square foot per year. The Homewood submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 6% rise in rent.

Compared to the rest of the Birmingham market, the Homewood region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Homewood Listing Supply

In the last 90 days, 22 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 9,730 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 1980 and are Class A.

Homewood Community

Market Report

Trends and status of the commercial real estate market in Homewood.
Market Report

Market Data

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