The housing market in 35203 Birmingham, AL is strong with a median value of $298,000. This median value is lower than the US house median value of $338,100 but the 1 year house appreciation rate in 35203 Birmingham, AL is higher than the US rate at 8.80%. This shows that the housing market in 35203 Birmingham, AL is on an upward trajectory and will continue to grow in value over time.
The median home cost in Birmingham (zip 35203) is $298,000. Home appreciation the last 10 years has been 83.0%. Home Appreciation in Birmingham (zip 35203) is up 14.3%.
Average Age of Homes
- The median age of Birmingham (zip 35203) real estate is 32 years old
The Rental Market in Birmingham (zip 35203)
- Renters make up 69.6% of the Birmingham (zip 35203) population
- 3.3% of houses and apartments in Birmingham (zip 35203), 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.