35242 Home Values & Market Trends

There are 181 homes currently listed for 35242. 35242 real estate market trends show that home prices range from $139,900 to $5,499,000, and the median sales price in the 35242 zip code is $529,900. The total number of properties sold within the past twelve months is 914. In 35242, 8 properties are in foreclosure, 1 are bank owned properties,and 7 are headed for auction.

35242 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Birmingham

$ 179,900

$ 134/sqft

Birmingham

$ 179,900

$ 134/sqft

Housing Market Summary for 35242

Jan 2024December 2024Change
Median Listing Price$554.9K$533.9K-3.78%
Median Sold Price$523.9K$499K-4.75%
Homes For Sale9917475.76%
Homes Sold41253229.13%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 35242

The median list price of a home in Birmingham, is $529,900. A total of 181 properties are for sale, and the percentage of properties for sale in the zip code is 181.00%. The total count of 35242 properties is 713.

Foreclosure
There are 2 cities within 35242; within these cities, the median estimated home value for homes in foreclosure ranges from $1,075,547 in birmingham to the lowest value of $28,199 in birmingham. Foreclosure homes account for 1.00% of properties in 35242 with birmingham containing 111 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 35242 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 35242; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 35242 ranges from the highest value of $1,075,547 in birmingham to the lowest value of $91,596 in birmingham. Bank owned homes and properties account for 0.14% of properties in 35242. There are 2 cities within 35242; birmingham containing 10 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    birmingham has 101 auction properties, the highest number of properties going to auction in a single city in the state of 35242. Auction homes and other auction properties account for 0.98% of all properties in 35242. There are 2 cities within 35242; of those cities, the median estimated home value for homes going to auction ranges from $805,381 in birmingham to the lowest value of $28,199 in birmingham.
Homes for Sale
Homes and properties that are actively listed for sale account for 25.39% of residential properties in 35242 with birmingham containing 998 homes for sale, the highest number of listed properties in a single city. There are 2 cities within 35242; homes for sale in those cities, have a range of median values from $2,900,000 in birmingham to the lowest value of $14,412 in birmingham.
    Sold Homes
    The median value for recently sold homes ranges from $42,649,695 in birmingham to the lowest price of $13,729 in birmingham. There are 2 cities within 35242. birmingham has 3458 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 72.37% of properties in 35242.

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      Guide for 35242

      Alabama
      Mobile Property Values Climb Amidst Market Volatility in May 2024
      Alabama
      Montgomery Real Estate Ascends: Average Property Values Climb 4% from June 2023 to May 2024
      Kentucky
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Kentucky
      Birmingham, Alabama – Real Estate Market Snapshot March 2024
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      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Kentucky|posted 17 April 2024
      Birmingham, Alabama – Real Estate Market Snapshot March 2024
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