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Market Intelligence · AL / Birmingham

Birmingham, AL 35203 Housing Market

Typical home value in Birmingham's 35203 ZIP is $315,376, down 2.4% over the past year. The median list price stands at $335,000, with homes spending a median of 83 days on the market as of September 2026.

Updated September 2026Median value$315K

The median home value in Birmingham, AL 35203 is $315K as of September 2026, down 2.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 35203 range

$290K to $341K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-2.4% over 12 months

Typical home value in 35203 over the last 12 months: $323K in Sep 2025 to $315K in Sep 2026 (-2.4%).

Sep 2025$323K

Sep 2026$315K

The numbers

What is the 35203 housing market like?

Typical home value

$315K

Down2.4%YoY

Median list price

$335K

Up0.8%MoM

Days on market

83

Down10.8%MoM

Homes for sale

40

Up21.2%MoM

Price cuts

8.3%

Down37.5%MoM

New listings

4

Down66.7%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

35203 housing market forecast 2027

-0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 35203 to stay roughly flat by September 2027 (down 0.1%).

Over the 12 months through September 2026, typical home values in 35203 fell 2.4%, per the Zillow Home Value Index.

Will home prices drop in 35203?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 35203 to stay roughly flat by September 2027 (down 0.1%), after a 2.4% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 35203 home prices compare?

  • 35203$315,376
  • Birmingham$169,045
  • Alabama$199,540
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Birmingham: 28 ZIPs; Alabama: 510 ZIPs; United States: 26,262 ZIPs).

Context

The 35203 market shows modest activity with 40 homes for sale and only 4 new listings as of September 2026. The gap between median list price and typical home value suggests many sellers are pricing above where the market values comparable properties. With homes sitting for a median of 83 days, this is a buyer-favorable environment. Only 8.3% of listings have received price cuts, which is relatively low given the downward value trend. Sellers should be realistic about pricing and prepared for a slower sales cycle.

Monthly payment

Estimate your monthly payment.

20% · $63,075

Common questions

What people ask us.

What is the typical home value in 35203?

The typical home value is $315,376, down 2.4% over the past year as of September 2026.

How long do homes stay on the market here?

The median days on market is 83 as of September 2026.

What is the median list price in 35203?

The median list price is $335,000 as of September 2026.

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