ZIP Code Market Report
35233 — Birmingham, AL
Data through February 2026 · Updated monthly
Avg Home Value
$307,848
▼ 7.3% year-over-year
Month-over-Month
-0.4%
▼ 0.4%
Single Family
--
Condo / Co-op
$238,698
The average home value in the 35233 ZIP code (Birmingham, Alabama) is $307,848 as of February 2026. Home prices are declining, down 7.3% compared to last year.
The market in 35233 has a $537,201 spread between bottom-tier homes at $198,669 and top-tier homes at $735,870. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 35233 ZIP code will decrease 0.1% over the next 12 months, bringing the projected average to approximately $307,540. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Bibb County market area in Alabama. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Bibb County report.
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Market Snapshot
35233 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $311,732 | $309,212 | $307,848 | ▼ 1.2% |
Home Values
35233 Home Value Trend
Historical home values for ZIP code 35233. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 35233
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 1 Bedroom | $204,192 |
Property Types
Home Values by Property Type in 35233
How different property types compare in this ZIP code.
All Homes
$307,848
Condo / Co-op
$238,698
Bottom Tier
$198,669
Top Tier
$735,870
Forecast
12-Month Home Value Forecast for 35233
Zillow projects home values in 35233 will decrease 0.1% over the next year, reaching approximately $307,540.
Current Value
$307,848
Projected Change
-0.1%
▼ 0.1%
Projected Value
$307,540
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 35233 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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