Home Values

35204 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$43,600

  • -10.3% 1-year change
  • 2.3% 1-year forecast

The median home value in 35204 is $43,600. 35204 home values have declined -10.3% over the past year and Zillow predicts they will rise 2.3% within the next year. The median list price per square foot in 35204 is None.

Foreclosures will be a factor impacting home values in the next several years. In 35204 5.6 homes are foreclosed (per 10,000). This is lower than the Birmingham value of 6.8 and also greater than the national value of 3.9

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 35204 homeowners underwater on their mortgage is 26.1%, which is lower than Birmingham at 33.4%.

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Relative ZHVI
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35204 Market Overview

Data through Apr 30, 2015
  • $43,600 ZHVI
  • 2.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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35204 Market Health

Data through Apr 30, 2015
  • 1.3/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 26.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

5.6 homes 35204
6.8 homes Birmingham
3.9 homes United States
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Nearby Zip Codes

Name Median ZHVI
35234 $50,400
 
 

Listings & Sales

  • No data
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35204 Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $757 35204
    $759 Birmingham
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • $0.55 Rent list price / sq ft
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