The story of this market
The typical home in ZIP 35242 sells for about $625,000, or $197 per square foot.
Prices are up +6.2% from a year ago, so sellers still have some momentum. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $1,472 a month.
ZIP 35242
The 35242 housing market shows signs of sustained demand with a median sale price of $625,000 and a year-over-year price increase of 6.2%. While inventory remains available, the market is characterized by a competitive environment for buyers, supported by strong local income levels and school quality. Some metrics like rent and specific tax rates were not available at the ZIP level and are omitted.
This ZIP is well-suited for family buyers and professionals seeking suburban living with access to high-quality schools and proximity to Birmingham's employment centers.
Median prices moved up 6.2% year over year.
Homes spend a median of 38 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.3% · poverty 6.1% — a stable, low-distress profile.
ZCTA 35242
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 highly-rated public schools, with several institutions receiving top marks from regional educational assessments.
The area benefits from proximity to major Birmingham employment hubs and ongoing suburban development, maintaining steady economic momentum.
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 face a commute of approximately 26 minutes, with primary access to the Birmingham employment core via major highway corridors.
The area features access to local parks, golf courses, and significant retail shopping districts within a 3-mile radius.
The rental market remains stable with consistent demand, though specific vacancy and investor-ownership data are not currently published.
The local economy is anchored by a mix of healthcare, professional services, and retail sectors, benefiting from the broader Birmingham metro economic base.
The area is primarily car-dependent, relying on regional highway infrastructure for connectivity to the Birmingham metro area.
Ongoing residential and mixed-use development continues to expand the suburban footprint of the ZIP code.
Parcels are subject to various school and municipal district taxes, which vary by specific location within the ZIP.
Data retrieved from Census Reporter profiles for ZCTA 35242.
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 Birmingham410.7 mi
- Alabama Adventure & Splash Adventure4.418.5 mi
- Dave & Buster's Birmingham4.17.7 mi
- Altitude Trampoline Park Birmingham Amusement Park in Pelham, Alabama4.39.1 mi
- Activate Games4.96.7 mi
- Barber Motorsports Park4.99 mi
- Hoover Metropolitan Complex4.611.1 mi
- Topgolf Birmingham410.7 mi
- Birmingham Race Course Casino3.711.1 mi
- Coca-Cola Amphitheater4.211.1 mi
- Birmingham Zoo4.27.5 mi
- Oak Mountain State Park4.86.3 mi
- Barber Vintage Motorsports Museum4.99 mi
- Birmingham Botanical Gardens4.87.5 mi
- McWane Science Center4.710 mi
- Barber Motorsports Park4.99 mi
- Barber Vintage Motorsports Museum4.99 mi
- McWane Science Center4.710 mi
- Vulcan Park and Museum4.78.4 mi
- Birmingham Museum of Art4.810.4 mi
- Oak Mountain State Park4.86.3 mi
- Birmingham Botanical Gardens4.87.5 mi
- Railroad Park Foundation4.79.8 mi
- Red Mountain Park4.810.6 mi
- Veterans Park4.73.1 mi
- Topgolf Birmingham410.7 mi
- Avondale Brewing Company4.59.2 mi
- RTJ Golf Trail at Oxmoor Valley4.311.4 mi
- Highland Park Golf Course4.38.4 mi
- RTJ Golf Trail at Ross Bridge4.511.6 mi
- Riverchase Galleria4.37.8 mi
- The Summit Birmingham4.53.5 mi
- The Shops of Grand River4.510.2 mi
- Publix Super Market at 20 Midtown4.59.5 mi
- Publix Super Market at Edgemont Town Center4.58.7 mi
- Birmingham-Shuttlesworth International Airport4.310.9 mi
- Birmingham Airport Authority4.610.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Multiple golf facilities serve the suburban community.
Extensive retail and dining options are concentrated along major thoroughfares.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).