The story of this market
The typical home in ZIP 35020 sells for about $100,000, or $68 per square foot.
Prices are up +1.2% from a year ago, so sellers still have some momentum. Homes take about 72 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $904 a month.
ZIP 35020
The 35020 housing market is defined by low median listing prices around $70,000 and high vacancy rates, indicating a challenging environment for traditional residential appreciation. Market activity is largely driven by investors seeking forced-equity opportunities rather than organic growth. Several metrics, including months of supply and specific tax data, were not available at the ZIP level.
This ZIP is primarily suited for real estate investors looking for forced-equity plays due to the low entry price point and renovation potential, rather than traditional market appreciation.
Median prices moved up 1.2% year over year.
Homes spend a median of 72 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.7% · poverty 31.5% — a mixed stability profile.
ZCTA 35020, Jefferson County AL
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Alabama) — Current Use Valuation: Allows property to be taxed based on its current use value rather than fair market value, potentially reducing the tax burden. Conversion to a non-qualified use triggers revaluation and potential back-tax liability. State (Alabama) — Class III Residential Property Tax Assessment: Property is assessed at 10% of its fair market value. The tax liability is calculated by multiplying the assessed value by the local millage rate. A standard homestead exemption applies to the 6.5 mill statewide property tax on the first $4,000 of assessed valuation. State (Alabama) — Class 3 Residential Property Tax Assessment: Residential property is classified as Class 3 and assessed at 10 percent of its fair market value. A standard homestead exemption applies to the 6.5 mill statewide property tax on the first $4,000 of assessed valuation. State (Alabama) — Standard State Ad Valorem Homestead Exemption: Exempts up to $4,000 in assessed valuation from the 6.5 mill state ad valorem tax levy (providing a maximum direct state tax reduction of $26.00). Formula: Adjusted State Tax = Max(0, (Assessed Value - $4,000)) × 0.0065. State (Alabama) — Statewide Ad Valorem Property Tax and Class III Residential Assessment Ratio: Establishes a baseline 6.5 statewide millage rate ($0.0065 per dollar of assessed value) under Ala.
The rental market in 35020 is characterized by high vacancy rates of 18.2% and a median rent of $1,156, with investors often targeting the area for forced-equity opportunities.
The local economy is influenced by the broader Greater Birmingham industrial and service sectors, with a significant portion of the population facing economic challenges including elevated poverty rates.
Data sourced from US Census Bureau and ACS estimates as reported by secondary aggregators.
- Topgolf Birmingham412.7 mi
- Alabama Adventure & Splash Adventure4.42.7 mi
- Dave & Buster's Birmingham4.18.4 mi
- Altitude Trampoline Park Birmingham Amusement Park in Pelham, Alabama4.39.1 mi
- Activate Games4.99.2 mi
- Hoover Metropolitan Complex4.66.9 mi
- Topgolf Birmingham412.7 mi
- Coca-Cola Amphitheater4.212.8 mi
- Legacy Arena4.612.3 mi
- Protective Stadium4.512.6 mi
- Birmingham Zoo4.212 mi
- Birmingham Botanical Gardens4.812.4 mi
- Alabama Adventure & Splash Adventure4.42.7 mi
- McWane Science Center4.712 mi
- Vulcan Park and Museum4.711.5 mi
- McWane Science Center4.712 mi
- Vulcan Park and Museum4.711.5 mi
- Birmingham Museum of Art4.812.3 mi
- Sloss Furnaces National Historic Landmark4.713 mi
- Birmingham Civil Rights Institute4.611.8 mi
- Birmingham Botanical Gardens4.812.4 mi
- Railroad Park Foundation4.711.6 mi
- Tannehill Ironworks Historical State Park4.711 mi
- Red Mountain Park4.86.5 mi
- Moss Rock Preserve4.86.5 mi
- Franklin Ferry Marina4.519.3 mi
- Topgolf Birmingham412.7 mi
- RTJ Golf Trail at Oxmoor Valley4.34.7 mi
- RTJ Golf Trail at Ross Bridge4.54.1 mi
- The Country Club of Birmingham4.613 mi
- Bent Brook4.54.6 mi
- Riverchase Galleria4.38.3 mi
- Publix Super Market at 20 Midtown4.512 mi
- Publix Super Market at Edgemont Town Center4.59.3 mi
- T.J. Maxx4.28.3 mi
- The Fish Market Restaurant4.412.1 mi
- Birmingham-Shuttlesworth International Airport4.316.5 mi
- Birmingham Airport Authority4.616.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price diverges 30.0% from the nearest retained anchor (published ten-year series (2024)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $70,000 (30.0% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $70,000 (-30% vs the published ten-year series (2024)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.