The housing market in Birmingham, AL (35061) is significantly higher than the US median value of $338,100; with a median value of $157,100. Birmingham has also seen more dramatic house appreciation over the past year, at 13.55%, compared to the 8.27% rise seen nationally. The relatively lower median value combined with larger appreciation rates make Birmingham an attractive housing market for many prospective buyers.
The median home cost in Birmingham (zip 35061) is $157,100. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Birmingham (zip 35061) is up 19.7%.
Average Age of Homes
- The median age of Birmingham (zip 35061) real estate is 57 years old
The Rental Market in Birmingham (zip 35061)
- Renters make up 30.8% of the Birmingham (zip 35061) population
- 0.0% of houses and apartments in Birmingham (zip 35061), 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.