The story of this market
The typical home in ZIP 35205 sells for about $297,000, or $212 per square foot.
Prices are down 25.44% from a year ago, which gives buyers more room to negotiate. Homes take about 54 days to sell. HUD's fair market rent for a two-bedroom is $1,084 a month.
ZIP 35205
The 35205 housing market shows signs of stabilization with a high volume of activity driven by its proximity to major medical and educational institutions. While median sold prices have seen a year-over-year decline, the area remains a high-demand location for renters and urban professionals. Inventory levels are currently sufficient to meet demand, though price sensitivity remains a factor for buyers.
This ZIP is ideal for young professionals, students, and urban-dwellers who prioritize proximity to the city's medical and educational hubs over suburban space.
Median prices moved down 25.4% year over year.
Homes spend a median of 54 days on market with 3.9 months of supply — a fast-moving market.
40% of listings have cut prices · homes sell at 98.2% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.4% · poverty 16.4% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 35205, 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.
Crime rates in the 35205 area are higher than the national average, with property crime being the most frequently reported issue in this urban district.
Schools serving the area are part of the Birmingham City School District, which generally faces challenges with academic performance ratings compared to suburban counterparts.
The area is subject to standard regional risks including severe thunderstorms and occasional tornado activity, with flood risk concentrated in specific low-lying zones.
Economic momentum is driven by the proximity to the University of Alabama at Birmingham (UAB) medical and research complex, which serves as a major anchor for local employment and development.
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.
Residents benefit from a central location with short commute times to downtown Birmingham and the UAB medical district via major corridors like I-65 and US-31.
The area features significant urban amenities including the historic Five Points South district, Vulcan Park and Museum, and proximity to numerous local parks and dining hubs.
The rental market is highly active due to the large population of students and medical professionals, with consistent demand for apartments and historic homes.
The economy is heavily anchored by the University of Alabama at Birmingham (UAB) and the associated UAB Hospital system, which are the largest employers in the region.
The area is served by the Birmingham-Jefferson County Transit Authority (BJCTA) bus system and is well-connected to the regional highway network.
Ongoing urban infill and renovation projects are common, particularly in the Southside and Highland Park neighborhoods.
The Jefferson County Tax Assessor manages property valuations, with assessments typically updated periodically to reflect market value changes.
Parcels are subject to Birmingham City School District taxes and various municipal service districts.
Property insurance premiums are influenced by regional weather patterns, including wind and hail risk, which are common in central Alabama.
Data retrieved from data.census.gov ZCTA 35205 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Topgolf Birmingham42.7 mi
- Alabama Adventure & Splash Adventure4.413.1 mi
- Dave & Buster's Birmingham4.17.7 mi
- Altitude Trampoline Park Birmingham Amusement Park in Pelham, Alabama4.310.4 mi
- Activate Games4.94.8 mi
- Barber Motorsports Park4.911.7 mi
- Hoover Metropolitan Complex4.610.7 mi
- Topgolf Birmingham42.7 mi
- Birmingham Race Course Casino3.710.4 mi
- Coca-Cola Amphitheater4.23 mi
- Birmingham Zoo4.21.7 mi
- Oak Mountain State Park4.811.5 mi
- Barber Vintage Motorsports Museum4.911.7 mi
- Birmingham Botanical Gardens4.82 mi
- McWane Science Center4.71.7 mi
- Barber Motorsports Park4.911.7 mi
- Barber Vintage Motorsports Museum4.911.7 mi
- McWane Science Center4.71.7 mi
- Vulcan Park and Museum4.70.8 mi
- Birmingham Museum of Art4.82.2 mi
- Oak Mountain State Park4.811.5 mi
- Birmingham Botanical Gardens4.82 mi
- Railroad Park Foundation4.71.3 mi
- Red Mountain Park4.84.3 mi
- Veterans Park4.78.4 mi
- Topgolf Birmingham42.7 mi
- Avondale Brewing Company4.53.1 mi
- RTJ Golf Trail at Oxmoor Valley4.36.3 mi
- RTJ Golf Trail at Ross Bridge4.57.9 mi
- Highland Park Golf Course4.32.4 mi
- Riverchase Galleria4.37.6 mi
- The Summit Birmingham4.55.5 mi
- The Shops of Grand River4.512.9 mi
- Publix Super Market at 20 Midtown4.51.4 mi
- Publix Super Market at Edgemont Town Center4.51.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Home to the world's largest cast-iron statue and panoramic views of the city.
A historic neighborhood known for its vibrant nightlife, dining, and architecture.
Key-figure check: median price diverges 35.4% 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 $192,000 (35.4% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $192,000 (-35.4% 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.