Housing Insights for ZIP Code 35233 (Birmingham, AL)

Housing Summary for ZIP Code 35233

Homeowners

The median home value in ZIP Code 35233 (Birmingham, AL) is $188,400. Approximately 9.4% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.0%.

The average occupancy of owner-occupied units in ZIP Code 35233 is 1.44 occupants, while owner-occupied units have an aggregate average size of 1.39 bedrooms per housing unit.

Renters

In the 35233 ZIP Code, an estimated 90.6% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 13.8%.

Among renter-occupied units in this ZIP, the average occupancy is 1.72 occupants, while renters in this Jefferson County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 35233

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 35233.

ZIP 35233 Alabama U.S.
Median Home Value $188,400 $229,960 $364,385
Owner-Occupied Housing Units 9.4% 68.8% 64.0%
Homeowner Vacancy Rate 0.0% 1.8% 1.6%
Average Size of Owner-Occupied Unit 1.44 2.60 2.70
Average # of Bedrooms Per Unit 1.39 2.88 2.75
Median Housing Rent $0 $792 $1,062
Renter-Occupied Housing Units 90.6% 31.2% 36.0%
Rental Vacancy Rate 13.8% 10.0% 6.0%
Average Size of Renter-Occupied Unit 1.72 2.42 2.49
Percent of Income Spent on Rent 0% 29.18% 29.83%

Home Values in ZIP Code 35233 (Birmingham, AL)

The median home value in ZIP Code 35233 is $188,400. That median value is about 32% higher than the median home value of $142,700 in Alabama overall, and is 13% lower than the $217,500 the median home value in the entire U.S. An estimated 57.5% of homes in ZIP Code 35233 are valued $150,000 to $199,999. That is 253% higher than in Alabama, in which 16.3% of homes are valued at $150,000 to $199,999, and is about 311% higher than in the U.S. overall (14.0% of homes valued at $150,000 to $199,999). The home value range that the smallest portion of ZIP Code 35233 homes fall into is $1,000,000 or more (0.0% of homes).

Home Values in ZIP Code 35233

This chart visualizes the breakdown of home values in ZIP Code 35233, Alabama, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 35233 vs. home values in both the state of Alabama and in the U.S. overall.

Home Values in ZIP Code 35233

See the table below for a regional comparison of home values in ZIP Code 35233.

Home Value ZIP 35233 Alabama U.S.
Less than $50,000 0.0% 13.3% 6.9%
$50,000 to $99,999 0.0% 20.9% 12.0%
$100,000 to $149,999 0.0% 18.4% 13.3%
$150,000 to $199,999 57.5% 16.3% 14.0%
$200,000 to $299,999 36.8% 16.8% 19.6%
$300,000 to $499,999 5.7% 10.1% 19.3%
$500,000 to $999,999 0.0% 3.5% 11.4%
$1,000,000 or more 0.0% 0.7% 3.4%

Home Ages in ZIP Code 35233 (Birmingham, AL)

Approximately 34.3% of homes in this Birmingham, AL region were built in 2014 or later. This amount of homes built in 2014 or later in ZIP Code 35233 is about 1272% higher than percentage of homes built in this time period in Alabama overall (2.5% of homes), and is 1272% higher the percentage (2.5% of homes) in the U.S. as a whole. Additionally, an esimated 19.3% of local homes were built in 2010 to 2013. On the other end of the scale, just 0.0% of homes in this Jefferson County ZIP Code were built in 1940 to 1949 in ZIP Code 35233. In comparison, 4.0% of homes in Alabama overall were built in 1940 to 1949, while 4.9% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 35233

A detailed regional comparison of home ages in ZIP Code 35233.

Year Built ZIP 35233 Alabama U.S.
2014 or later 34.3% 2.5% 2.5%
2010 to 2013 19.3% 3.7% 2.7%
2000 to 2009 17.0% 15.8% 14.0%
1990 to 1999 10.7% 18.1% 13.9%
1980 to 1989 6.8% 14.6% 13.4%
1970 to 1979 3.0% 16.3% 15.2%
1960 to 1969 0.0% 11.2% 10.6%
1950 to 1959 4.8% 8.5% 10.3%
1940 to 1949 0.0% 4.0% 4.9%
1939 or earlier 4.2% 5.2% 12.6%

Age of Homes in ZIP Code 35233

See the chart below for details on the age of homes in ZIP Code 35233, Alabama, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 35233

Frequently asked questions about housing in this Birmingham, AL ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 35233.

1

What is the average home value ZIP Code 35233?

The median home value in ZIP Code 35233 (Birmingham, AL) is $188,400.
2

Are homes expensive in ZIP Code 35233?

The median home value in 35233 ($188,400) is an estimated 32% higher than the aggregate median value of $142,700 in Alabama, and is 13% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 35233?

The vacacy rate for owner-occupied housing in ZIP Code 35233 is 0.0%. This rate is 100% lower than the overall Alabama owner-occupied vacancy rate of 1.8%. Additionally, the 35233 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 35233 have older homes or newer construction?

In ZIP Code 35233, about 34.3% of homes were built in 2014 or later. That time range includes the most home construction. Also, 19.3% of homes in the region were built in 2010 to 2013. In contrast, 0.0% of homes in 35233 were built in 1940 to 1949.
5

What is the housing breakdown in ZIP Code 35233? Are there more rentals or owner-occupied units?

There is more renter-occupied housing in 35233 than owner-occupied housing. Renter-occupied units make up 90.6% of housing, compared to 9.4% for owner-occupied units.
6

Are rental vacancy rates high in ZIP Code 35233?

The vacacy rate for rental units in ZIP Code 35233 is 13.8%. This rate is 38% higher than the overall Alabama vacancy rate of 10.0%. Additionally, the 35233 vacancy rate is 130% higher than the entire U.S. vacancy rate of 6.0%.