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Birmingham, AL 35242 Real Estate & Property Data

Birmingham, AL 35242 Real Estate Market Trends

Last Updated: May 03, 2024

A total of 918 residential properties have been sold over the past 12 months in 35242. With a median sales price of $590,000 in 35242 and a total of 2 foreclosures in Birmingham, AL 35242. Discover market trends and get the granular level real estate data for Birmingham, AL 35242 to keep your pulse on the housing market. Curate compelling home reports for Birmingham, AL 35242 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Birmingham, AL 35242 Real Estate Market Trends

Get property data for any address in Birmingham, AL 35242 or the country:

Total Residential Properties 17,514

Total Commercial Properties 1,168

Avg. Home Age (Single Family Home) 26 Years

Avg. Square Feet (Single Family Home) 3,020

Total 2024 Residential Sales (year-to-date) 189

% of Homes Seriously Underwater (Q2 2024) 0.46%

Total 2023 Residential Sales 816

% of Equity Rich Homes (Q2 2024) 41.06%

Effective 2023 Property Tax 0.44%

Total Foreclosure Filings (year-to-date) 2

Birmingham, AL 35242 Real Estate Overview

There were 918 residential properties sold in the past year in Birmingham, AL 35242. The median home value in Birmingham, AL 35242 is $519,598. There are a total of 17,514 residential properties in the 35242.

Median Sales Price i

$590,000

(Mar 2024)

+18.9%

year-over-year

y-o-y

March '24 Mar '24 $590,000
February '24 Feb '24 $527,500
January '24 Jan '24 $551,000
December '23 Dec '23 $494,900
November '23 Nov '23 $510,000
October '23 Oct '23 $477,250
September '23 Sep '23 $570,000
August '23 Aug '23 $567,250
July '23 Jul '23 $650,000
June '23 Jun '23 $550,000
May '23 May '23 $537,500
April '23 Apr '23 $460,000

Median Down Payment i

$143,800

(Mar 2024)

+46%

year-over-year

y-o-y

March '24 Mar '24 $143,800
February '24 Feb '24 $105,000
January '24 Jan '24 $78,500
December '23 Dec '23 $71,750
November '23 Nov '23 $178,750
October '23 Oct '23 $79,990
September '23 Sep '23 $141,000
August '23 Aug '23 $118,315
July '23 Jul '23 $148,200
June '23 Jun '23 $100,566
May '23 May '23 $83,750
April '23 Apr '23 $115,000

Number of Homes Sold i

73

(Mar 2024)

-15.1%

year-over-year

y-o-y

March '24 Mar '24 73
February '24 Feb '24 68
January '24 Jan '24 48
December '23 Dec '23 64
November '23 Nov '23 64
October '23 Oct '23 57
September '23 Sep '23 56
August '23 Aug '23 66
July '23 Jul '23 91
June '23 Jun '23 98
May '23 May '23 91
April '23 Apr '23 56

Number of Purchase Loans i

48

(Mar 2024)

-4%

year-over-year

y-o-y

March '24 Mar '24 48
February '24 Feb '24 41
January '24 Jan '24 27
December '23 Dec '23 37
November '23 Nov '23 39
October '23 Oct '23 41
September '23 Sep '23 33
August '23 Aug '23 37
July '23 Jul '23 72
June '23 Jun '23 69
May '23 May '23 69
April '23 Apr '23 38

Number of REFI Loans i

18

(Mar 2024)

-33.3%

year-over-year

y-o-y

March '24 Mar '24 18
February '24 Feb '24 24
January '24 Jan '24 21
December '23 Dec '23 21
November '23 Nov '23 24
October '23 Oct '23 24
September '23 Sep '23 19
August '23 Aug '23 36
July '23 Jul '23 27
June '23 Jun '23 33
May '23 May '23 42
April '23 Apr '23 23

Number of HELOC Loans i

29

(Mar 2024)

-21.6%

year-over-year

y-o-y

March '24 Mar '24 29
February '24 Feb '24 28
January '24 Jan '24 26
December '23 Dec '23 25
November '23 Nov '23 29
October '23 Oct '23 30
September '23 Sep '23 43
August '23 Aug '23 43
July '23 Jul '23 20
June '23 Jun '23 28
May '23 May '23 46
April '23 Apr '23 31

Birmingham, AL 35242 Real Estate Market Overview

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Birmingham, AL 35242 Foreclosure Activity

There were a total of 2 Birmingham, AL 35242 properties with a foreclosure filing in March 2024.

Total Foreclosure Filings i

2

(Mar 2024)

March '24 Mar '24 2
February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 3
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 3
May '23 May '23 2
April '23 Apr '23 N/A

Foreclosure Starts i

2

(Mar 2024)

March '24 Mar '24 2
February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 3
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 3
May '23 May '23 2
April '23 Apr '23 N/A

Completed Foreclosures (REOs) i

March '24 Mar '24 N/A
February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 1
April '23 Apr '23 N/A

Nearby Zip Codes

1. 35203
2. 35204
3. 35205
4. 35206
5. 35207
6. 35208

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