The housing market in Birmingham, AL 35207 is quite attractive. The median value of housing in this area is $69,500, which is significantly lower than the US House Median Value of $338,100. Additionally, the one year house appreciation rate in this area is 8.80%, slightly higher than the national rate of 8.27%. This makes Birmingham a great place to consider for those looking to invest in real estate or purchase a property.
The median home cost in Birmingham (zip 35207) is $69,500. Home appreciation the last 10 years has been 83.0%. Home Appreciation in Birmingham (zip 35207) is up 14.3%.
Average Age of Homes
- The median age of Birmingham (zip 35207) real estate is 60 years old
The Rental Market in Birmingham (zip 35207)
- Renters make up 35.0% of the Birmingham (zip 35207) population
- 3.8% of houses and apartments in Birmingham (zip 35207), 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.