Five Points South, Birmingham, AL—35204
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Five Points South, Birmingham, AL
As of Oct '25, the median home price in Five Points South, Birmingham, AL is $67,000, with a year-over-year change of 1.4%. This indicates that home prices in Five Points South, Birmingham, AL are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $67,000 | 1.4% |
| Single Family | $67,000 | 4.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $48,000 | 4.3% |
3 Bed | $68,000 | 6.2% |
4 Bed | $112,000 | 0.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Five Points South, Birmingham, AL
As of July '25, Rentcast reports the average rent in Five Points South, Birmingham, AL is $930, with a year-over-year rent change of -1.9%. Per bedroom, the median rent as of July '25 in Five Points South, Birmingham, AL is studios: $850, 1-bedrooms: $645, 2-bedrooms: $823, 3-bedrooms: $1,150, 4-bedrooms: $1,170. The most common rental property sizes in Five Points South, Birmingham, AL are 2-bedroom and 1-bedroom, accounting for 53.1% and 25.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $825 | $930 |
| Studio Rent | $850 | $850 |
| 1 Bed Rent | $645 | $645 |
| 2 Bed Rent | $765 | $823 |
| 3 Bed Rent | $1,100 | $1,150 |
| 4 Bed Rent | $1,120 | $1,170 |
% of Rental Stock
Property Listings — Five Points South, Birmingham, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Five Points South, Birmingham, AL is 46. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $116,000 | 17.0% |
Listing Count | 44 | 2.0% |
| Listings as % of Homes | 0.5% | 2.0% |
Days on Market | 46 | -6.0% |
Demographics — Five Points South, Birmingham, AL
As of the latest ACS Survey released in 2023, Five Points South, Birmingham, AL has a population of 9,150, which has decreased by -2.6% over the past 5 years. Five Points South, Birmingham, AL is a moderately popular place for families, as children make up 20.8% of the population. The area has a poorly educated workforce, with 14.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,150 | -2.6% |
% Under 18 | 20.8% | 16.2% |
% Seniors | 19.2% | 5.5% |
% WFH | 4.3% | 514.3% |
% w/ College Degree | 14.2% | 6.0% |
As of the latest ACS Survey released in 2023, Five Points South, Birmingham, AL is a predominantly black area, with 86.6% of the population identifying as black. The black population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Five Points South, Birmingham, AL is white, making up 6.7% of the population. Foreign-born residents account for 3.3% of the population in Five Points South, Birmingham, AL, and this percentage has decreased by 13.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 6.7% | 179.2% |
% Black | 86.6% | -5.8% |
% Hispanic | 4.6% | -6.1% |
% Asian | 1.0% | ∞% |
% Foreign Born | 3.3% | -13.2% |
Mortgage and Risk — Five Points South, Birmingham, AL
According to HUD data as of 2023, there were 25 mortgage originations in Five Points South, Birmingham, AL, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Five Points South, Birmingham, AL. Investor activity is high, as 20.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 25 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 20.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Five Points South, Birmingham, AL
As of 2024, the percent of homes in Five Points South, Birmingham, AL under the Section 8 program is 10.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Five Points South, Birmingham, AL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 1,196 |
Total Units Section 8 | 264 |
% Rentals under Section 8 | 10.5% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $355 | $645 | $1,000 |
| 2 Bedroom | $365 | $765 | $1,130 |
| 3 Bedroom | $320 | $1,100 | $1,420 |
| 4 Bedroom | $460 | $1,120 | $1,580 |
Affordability — Five Points South, Birmingham, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $67,000 |
| Median Household Income | $32,900 |