Market Intelligence · AL / Birmingham

Birmingham, AL 35223 Housing Market

The typical home value in Birmingham's 35223 ZIP is $913,628, up 7.8% over the past year. The median list price stands at $775,000, with homes spending a median of 37 days on the market as of September 2026.

Updated September 2026Median value$914K

The median home value in Birmingham, AL 35223 is $914K as of September 2026, up 7.8% 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 35223 range

$841K to $987K

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

+7.8% over 12 months

Typical home value in 35223 over the last 12 months: $848K in Sep 2025 to $914K in Sep 2026 (+7.8%).

Sep 2025$848K

Sep 2026$914K

The numbers

What is the 35223 housing market like?

Typical home value

$914K

Up7.8%YoY

Median list price

$775K

Down19.7%MoM

Days on market

37

Down22.9%MoM

Homes for sale

20

Down13.0%MoM

Price cuts

15.2%

Up48.4%MoM

New listings

16

Up33.3%MoM

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

The outlook

35223 housing market forecast 2027

+1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 35223 to rise 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 35223 rose 7.8%, per the Zillow Home Value Index.

Will home prices drop in 35223?

Zillow's forecast does not call for a drop: it expects typical home values in 35223 to rise 1.4% by September 2027, after a 7.8% rise 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 35223 home prices compare?

  • 35223$913,628
  • 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

As of September 2026, there are 20 homes for sale in 35223, with 16 new listings added recently. The median days on market of 37 suggests a moderate pace of sales activity. About 15.2% of listings have seen a price cut, which is a modest share relative to the area's year-over-year appreciation. For sellers, the data points to a market where strong long-term gains coexist with selective negotiation pressure on individual homes.

Monthly payment

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20% · $182,726

Common questions

What people ask us.

What is the typical home value in 35223?

The typical home value in Birmingham's 35223 ZIP is $913,628 as of September 2026, representing a 7.8% increase over the past year.

How long do homes typically stay on the market in 35223?

Homes in this ZIP spend a median of 37 days on the market as of September 2026.

Are sellers cutting prices in 35223?

About 15.2% of listings have seen a price cut as of September 2026, indicating selective negotiation on some properties.

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