The housing market in Birmingham, AL (35211) is currently booming. The median house value in the area is $80,700 which is considerably lower than the US median of $338,100. This presents a great opportunity for buyers to enter into the market. In addition, values have appreciated 8.80% over the past year compared to the US average of 8.27%. This shows that housing prices in Birmingham are appreciating at a faster rate than average and could present an even better investment opportunity for those interested in buying a home in Birmingham.
The median home cost in Birmingham (zip 35211) is $80,700. Home appreciation the last 10 years has been 83.0%. Home Appreciation in Birmingham (zip 35211) is up 14.3%.
Average Age of Homes
- The median age of Birmingham (zip 35211) real estate is 54 years old
The Rental Market in Birmingham (zip 35211)
- Renters make up 37.9% of the Birmingham (zip 35211) population
- 3.2% of houses and apartments in Birmingham (zip 35211), 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.