The housing in 35205 Birmingham, AL is significantly cheaper than the US median value. The median value for a house in this zip code is $221,500, compared to the US median of $338,100. Despite being much more affordable, homes in this area still appreciate at a healthy rate with an appreciation rate of 8.80% over the last year. This is slightly higher than the national average of 8.27%, making Birmingham, AL a great place to invest in real estate.
The median home cost in Birmingham (zip 35205) is $221,500. Home appreciation the last 10 years has been 83.0%. Home Appreciation in Birmingham (zip 35205) is up 14.3%.
Average Age of Homes
- The median age of Birmingham (zip 35205) real estate is 56 years old
The Rental Market in Birmingham (zip 35205)
- Renters make up 61.3% of the Birmingham (zip 35205) population
- 5.2% of houses and apartments in Birmingham (zip 35205), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.