Homewood Retail

Homewood

Office Space Market Report

Number of Listings (last 90 days)
26
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
4,950
As of: June 26, 2017

Homewood Rates

Most listings are in the $30's per square foot per year. The Homewood submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $30 per sqft per year.

Compared to the rest of the Birmingham market, the Homewood region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Homewood Listing Supply

In the last 90 days, 26 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 138% of the available leases 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.

Even though the median size is 4,950 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this area were built in 1979 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.
Research