31408 Housing Market

$262,138

1.5% 1-yr

The average 31408 home value is $262,138, up 1.5% over the past year. (Updated on 6/30/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

31408 Key Takeaways

Typical Home Values: $262,138

1-Year Value Change: +1.5%

(Data through June 30, 2026)

31408 Housing Market Overview

1-Year Market Forecast: 1% (June 30, 2026)

For Sale Inventory: 29 (June 30, 2026)

New Listings: 7 (June 30, 2026)

Median Sale to List Ratio: --

Median Sale Price: --

Median List Price: $263,083 (June 30, 2026)

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: --

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Zip Codes

NameMedian ZHVI
31415$142,652
31499--
31405$348,251
31421--
31322$341,027
31498--
31407$312,315
31401$568,031
31409--

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31408 Rental Market Trends

Average Rent: $1,850 (June 30, 2026)

National Average Rent: $1,965 (June 30, 2026)

Month-Over-Month Change: --

Year-Over-Year Change: --

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.