The housing market in Birmingham, AL (35221) is similar to the national average in terms of median value, as it sits at $65,600 compared to the national median value of $338,100. However, Birmingham has seen a slightly higher rate of house appreciation over the past year, at 8.80%, compared to 8.27% nationally. This indicates that Birmingham is a desirable area for home buyers and investors alike.
The median home cost in Birmingham (zip 35221) is $65,600. Home appreciation the last 10 years has been 83.0%. Home Appreciation in Birmingham (zip 35221) is up 14.3%.
Average Age of Homes
- The median age of Birmingham (zip 35221) real estate is 56 years old
The Rental Market in Birmingham (zip 35221)
- Renters make up 23.7% of the Birmingham (zip 35221) population
- 3.3% of houses and apartments in Birmingham (zip 35221), 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.