Zip 35020 (Bessemer, AL) Housing

The housing median value in 35020 Bessemer, AL is $74,800, which is significantly lower than the US House median value of $338,100. Despite this difference, the house 1 year appreciation rate in 35020 Bessemer, AL is 13.55%, which is greater than the US 1 year House Appreciation rate of 8.27%. This shows a promising growth in housing prices for this particular area and may be an attractive investment opportunity for those considering purchasing property there.

The median home cost in Bessemer (zip 35020) is $74,800. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Bessemer (zip 35020) is up 19.7%.

Average Age of Homes

- The median age of Bessemer (zip 35020) real estate is 58 years old

The Rental Market in Bessemer (zip 35020)

- Renters make up 36.8% of the Bessemer (zip 35020) population
- 4.2% of houses and apartments in Bessemer (zip 35020), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Bessemer, Alabama	United States
	12,890.0	139,647,020.0
	63	42
	$74,800	$338,100
	19.7%	16.6%
	59.0%	57.0%
	77.2%	101.1%
	$7.27	$10.98
	$557	$2,690
	42.8%	57.4%
	21.3%	11.2%
	35.9%	31.4%
Vacant Housing
	4.2%	1.9%
	0.8%	0.4%
	0.2%	0.7%
	0.5%	0.4%
	0.0%	3.6%
	15.6%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	11.0%	2.4%
	16.0%	2.8%
	22.7%	3.9%
	15.9%	4.5%
	11.3%	11.3%
	5.8%	13.0%
	8.1%	20.1%
	4.3%	13.6%
	0.0%	8.3%
	0.9%	9.7%
	0.0%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.7%	13.6%
	2.7%	13.6%
	3.4%	13.6%
	7.4%	13.2%
	12.2%	14.8%
	3.4%	13.6%
	23.1%	10.0%
	13.2%	4.7%
	18.9%	12.2%

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