35062 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 35062 is $119,000.

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 35062 is 3.8%, 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 35062 homeowners underwater on their mortgage is 18.1%.

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Relative ZHVI
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35062 Market Overview

Data through Jul 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $119,000 Median listing price
  • No data Median sale price
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35062 Market Health

Data through Jul 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 18.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.8% 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
35071 $146,000 35117 $136,900 35118 $89,400
35005 $74,300 35214 $74,200 35073 $57,200

Listings & Sales

Data through Jul 31, 2014
  • $71 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 40.9% Listings with price cut
9.1%
Sold below listing
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35062 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
$932 35062
$996 Birmingham Metro
$1,318 United States
  • 2.0 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)
  • No data Rent list price
  • No data Rent list price / sq ft
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