The story of this market
The typical home in ZIP 35223 sells for about $899,797, or $285 per square foot.
Prices are up +22.9% from a year ago, so sellers still have some momentum. Homes take about 27 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,395 a month.
ZIP 35223
The 35223 housing market is highly competitive, characterized by significant year-over-year price appreciation and strong buyer demand. Limited inventory and high desirability continue to drive prices upward, with homes selling relatively quickly. Some specific metrics like rent and tax rates were not available at the ZIP level.
This ZIP is ideal for affluent families and professionals seeking high-quality schools, a quiet suburban environment, and proximity to Birmingham's employment hubs.
Median prices moved up 22.9% year over year.
Homes spend a median of 27 days on market with 0.0 months of supply — a fast-moving 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 1.6% · poverty 7.4% — a stable, low-distress profile.
ZCTA 35223, 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.
The area is served by the highly-rated Mountain Brook City Schools, which are consistently recognized for academic excellence and strong community support.
The area is a well-established, affluent residential community with limited new development space, focusing primarily on high-end residential renovations and infill projects.
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 typically commute to downtown Birmingham via major corridors like US-280 and I-459, with most commutes being relatively short.
The area features access to the Birmingham Botanical Gardens, Jemison Park, and various local country clubs, offering extensive walking trails and green spaces.
The rental market is characterized by high demand and limited inventory, primarily consisting of single-family homes and upscale apartment communities.
The local economy is anchored by proximity to Birmingham's major employers in healthcare, finance, and education, with a high concentration of professional services.
Data retrieved from US Census Bureau ZCTA profiles.
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 Birmingham45.3 mi
- Alabama Adventure & Splash Adventure4.416.5 mi
- Dave & Buster's Birmingham4.18.1 mi
- Altitude Trampoline Park Birmingham Amusement Park in Pelham, Alabama4.310.6 mi
- Activate Games4.95.3 mi
- Barber Motorsports Park4.98 mi
- Hoover Metropolitan Complex4.611.7 mi
- Topgolf Birmingham45.3 mi
- Birmingham Race Course Casino3.78 mi
- Coca-Cola Amphitheater4.25.7 mi
- Birmingham Zoo4.22.5 mi
- Oak Mountain State Park4.89.9 mi
- Barber Vintage Motorsports Museum4.98 mi
- Birmingham Botanical Gardens4.82.3 mi
- McWane Science Center4.74.8 mi
- Barber Motorsports Park4.98 mi
- Barber Vintage Motorsports Museum4.98 mi
- McWane Science Center4.74.8 mi
- Vulcan Park and Museum4.73.5 mi
- Birmingham Museum of Art4.85.2 mi
- Oak Mountain State Park4.89.9 mi
- Birmingham Botanical Gardens4.82.3 mi
- Railroad Park Foundation4.74.7 mi
- Red Mountain Park4.87.6 mi
- Veterans Park4.76.2 mi
- Topgolf Birmingham45.3 mi
- Avondale Brewing Company4.53.8 mi
- RTJ Golf Trail at Oxmoor Valley4.39.2 mi
- RTJ Golf Trail at Ross Bridge4.510.2 mi
- Highland Park Golf Course4.33 mi
- Riverchase Galleria4.38.1 mi
- The Summit Birmingham4.52.3 mi
- The Shops of Grand River4.59.3 mi
- Publix Super Market at 20 Midtown4.54.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional botanical garden offering extensive trails and educational programs.
A popular nature preserve with walking trails along the creek.
Key-figure check: median price corroborated by the published ten-year series (2026) (within 12.5%).