Market Intelligence · AL / Birmingham

Birmingham, AL 35242 Housing Market

The typical home in Birmingham's 35242 ZIP costs $570,578, up 2.7% over the past year. The median list price stands at $629,975, with homes typically spending 50 days on market.

Updated August 2026Median value$571K

The median home value in Birmingham, AL 35242 is $571K as of August 2026, up 2.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 35242 range

$525K to $616K

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

+2.7% over 12 months

Typical home value in 35242 over the last 12 months: $555K in Jul 2025 to $571K in Jul 2026 (+2.7%).

Jul 2025$555K

Jul 2026$571K

The numbers

What is the 35242 housing market like?

Typical home value

$571K

Up2.7%YoY

Median list price

$600K

Down4.8%MoM

Days on market

53

Up6.0%MoM

Homes for sale

198

Flat0.0%MoM

Price cuts

19.6%

Down6.1%MoM

New listings

104

Up36.8%MoM

Sources · Zillow ZHVI (July 2026) / Realtor.com (August 2026) / FRED (August 2026)

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The comparison

How do 35242 home prices compare?

  • 35242$570,578
  • Birmingham$170,957
  • Alabama$202,644
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Birmingham: 28 ZIPs; Alabama: 510 ZIPs; United States: 26,266 ZIPs).

Context

There are 198 homes for sale in 35242 as of July 2026, with 76 new listings added recently. The median days on market of 50 suggests a moderate pace of activity. One notable signal: 20.9% of listings have seen a price cut, indicating some sellers are adjusting expectations. While the typical home value has appreciated, the presence of price reductions suggests caution is warranted before listing. Sellers should expect a measured market rather than a fast one.

Monthly payment

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20% · $114,116

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