Market Intelligence · AL / Birmingham

Birmingham, AL 35242 Housing Market

The typical home value in Birmingham's 35242 ZIP code is $565,170, up 3.0% over the past year as of September 2026. Homes here carry a median list price of $593,343 and spend a median of 53 days on the market.

Updated September 2026Median value$565K

The median home value in Birmingham, AL 35242 is $565K as of September 2026, up 3.0% 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 35242 range

$520K to $610K

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

+3.0% over 12 months

Sep 2025$549K

Low $549KHigh $565K

Sep 2026$565K

The numbers

What is the 35242 housing market like?

As of September 2026

Typical home value

$565K

3.0%YoY

Median list price

$593K

1.1%MoM

Days on market

0.0%MoM

Homes for sale

203

2.5%MoM

Price cuts

17.5%

11.1%MoM

New listings

36.5%MoM

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

The outlook

35242 housing market forecast 2027

+1.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 35242 to rise 1.1% by September 2027.

Over the 12 months through September 2026, typical home values in 35242 rose 3.0%, per the Zillow Home Value Index.

Will home prices drop in 35242?

Zillow's forecast does not call for a drop: it expects typical home values in 35242 to rise 1.1% by September 2027, after a 3.0% 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 35242 home prices compare?

35242$565,170
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 35242 housing market in Birmingham had 203 homes for sale as of September 2026, with 66 new listings added. The typical home value sits at $565,170, up 3.0% over the past year, while the median list price is $593,343. Homes are taking a median of 53 days to sell, and 17.5% of listings have had a price cut. Values are still rising, but the price cuts and slower pace suggest buyers have some room to negotiate. A seller here should price realistically from the start rather than testing the top of the range.

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Down payment20% · $113,034

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Common questions

What people ask us.

How much is a home in 35242 worth?

The typical home value in 35242 is $565,170 as of September 2026, up 3.0% over the past year.

How long do homes take to sell in 35242?

Homes in 35242 spend a median of 53 days on the market as of September 2026.

Are sellers in 35242 cutting prices?

As of September 2026, 17.5% of listings in 35242 have had a price cut, out of 203 homes for sale.

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