Zip 35224 (Birmingham, AL) Housing

The housing market in Birmingham, AL (35224) is slightly more favorable than the national average. The median house value in 35224 is $64,500, significantly lower than the US median of $338,100. However, over the past year the appreciation rate for houses in 35224 has been 8.80%, slightly higher than the US average of 8.27%. This indicates a strong housing market and suggests that people are likely to find good returns on their investments in this area.

The median home cost in Birmingham (zip 35224) is $64,500. Home appreciation the last 10 years has been 83.0%. Home Appreciation in Birmingham (zip 35224) is up 14.3%.

Average Age of Homes

- The median age of Birmingham (zip 35224) real estate is 57 years old

The Rental Market in Birmingham (zip 35224)

- Renters make up 34.6% of the Birmingham (zip 35224) population
- 0.9% of houses and apartments in Birmingham (zip 35224), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Birmingham, Alabama	United States
	2,791.0	139,647,020.0
	68	42
	$64,500	$338,100
	14.3%	16.6%
	52.8%	57.0%
	83.0%	101.1%
	$5.47	$10.98
	$370	$2,690
	38.4%	57.4%
	29.4%	11.2%
	32.2%	31.4%
Vacant Housing
	0.9%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	28.5%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	13.3%	2.4%
	25.7%	2.8%
	17.5%	3.9%
	21.0%	4.5%
	10.5%	11.3%
	7.9%	13.0%
	1.5%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.2%	13.6%
	9.2%	13.6%
	10.6%	13.6%
	2.3%	13.2%
	7.4%	14.8%
	10.6%	13.6%
	20.5%	10.0%
	17.2%	4.7%
	25.8%	12.2%

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