The housing market in Birmingham, AL 35204 is robust and thriving. The median value of a home in that zip code is $65,100, which is significantly lower than the US median value of $338,100. Despite this disparity, the appreciation rate of homes in Birmingham over the past year has been 8.80%, slightly higher than the US average of 8.27%. This indicates that investing in real estate in 35204 is a smart choice for anyone looking to get into the housing market.
The median home cost in Birmingham (zip 35204) is $65,100. Home appreciation the last 10 years has been 83.0%. Home Appreciation in Birmingham (zip 35204) is up 14.3%.
Average Age of Homes
- The median age of Birmingham (zip 35204) real estate is 65 years old
The Rental Market in Birmingham (zip 35204)
- Renters make up 43.7% of the Birmingham (zip 35204) population
- 5.2% of houses and apartments in Birmingham (zip 35204), 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.