35203 Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median price of homes currently listed in 35203 is $219,900. The median rent price in 35203 is $1,400, which is higher than the Birmingham median of $750.

Foreclosures will be a factor impacting home values in the next several years. In 35203 27.6 homes are foreclosed (per 10,000). This is greater than the Birmingham value of 0.1 and also greater than the national value of 4.4

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 35203 is 3.9%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 35203 homeowners underwater on their mortgage is 48.6%, which is higher than Birmingham at 32.7%.

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Relative ZHVI
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35203 Market Overview

Data through Jul 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $219,900 Median listing price
  • No data Median sale price
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35203 Market Health

Data through Jul 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 48.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.9% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
35205 $132,500 35234 $51,900  

Listings & Sales

Data through Jul 31, 2014
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 21.4% Listings with price cut
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35203 Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$746 Birmingham
$1,318 United States
  • 3.0 Breakeven horizon What's This?  
    Close

    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $1,400 Rent list price
  • $1.01 Rent list price / sq ft
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