Avondale, Birmingham, AL—35207
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Avondale, Birmingham, AL
As of Oct '25, the median home price in Avondale, Birmingham, AL is $54,000, with a year-over-year change of -5.5%. This indicates that home prices in Avondale, Birmingham, AL are decreasing. 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 | $54,000 | -5.5% |
| Single Family | $54,000 | -3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $37,000 | -5.1% |
3 Bed | $56,000 | -3.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Avondale, Birmingham, AL
As of July '25, Rentcast reports the average rent in Avondale, Birmingham, AL is $946, with a year-over-year rent change of -8.2%. Per bedroom, the median rent as of July '25 in Avondale, Birmingham, AL is 1-bedrooms: $250, 2-bedrooms: $916, 3-bedrooms: $1,030, 4-bedrooms: $1,090. The most common rental property sizes in Avondale, Birmingham, AL are 2-bedroom and 3-bedroom, accounting for 33.6% and 31.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $975 | $946 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $250 | $250 |
| 2 Bed Rent | $900 | $916 |
| 3 Bed Rent | $1,100 | $1,030 |
| 4 Bed Rent | $1,080 | $1,090 |
% of Rental Stock
Property Listings — Avondale, Birmingham, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Avondale, Birmingham, AL is 82. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $108,000 | 42.0% |
Listing Count | 28 | 71.0% |
| Listings as % of Homes | 0.3% | 71.0% |
Days on Market | 82 | 12.0% |
Demographics — Avondale, Birmingham, AL
As of the latest ACS Survey released in 2023, Avondale, Birmingham, AL has a population of 6,820, which has decreased by -25.0% over the past 5 years. Avondale, Birmingham, AL is a moderately popular place for families, as children make up 24.2% of the population. The area has a poorly educated workforce, with 13.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,820 | -25.0% |
% Under 18 | 24.2% | -17.4% |
% Seniors | 25.6% | 40.7% |
% WFH | 2.6% | ∞% |
% w/ College Degree | 13.3% | -2.9% |
As of the latest ACS Survey released in 2023, Avondale, Birmingham, AL is a predominantly black area, with 86.3% of the population identifying as black. The black population has shrunk by 7.5% in the last 5 years. The second most common race or ethnicity in Avondale, Birmingham, AL is white, making up 6.9% of the population. Foreign-born residents account for 3.1% of the population in Avondale, Birmingham, AL, and this percentage has increased by 287.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 6.9% | 56.8% |
% Black | 86.3% | -7.5% |
% Hispanic | 6.3% | 142.3% |
% Asian | 0.1% | ∞% |
% Foreign Born | 3.1% | 287.5% |
Mortgage and Risk — Avondale, Birmingham, AL
According to HUD data as of 2023, there were 28 mortgage originations in Avondale, Birmingham, AL, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Avondale, Birmingham, AL. Investor activity is high, as 21.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 28 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 21.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Avondale, Birmingham, AL
As of 2024, the percent of homes in Avondale, Birmingham, AL under the Section 8 program is 13.6%. 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 Avondale, 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 | 882 |
Total Units Section 8 | 221 |
% Rentals under Section 8 | 13.6% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $750 | $250 | $1,000 |
| 2 Bedroom | $230 | $900 | $1,130 |
| 3 Bedroom | $320 | $1,100 | $1,420 |
| 4 Bedroom | $500 | $1,080 | $1,580 |
Affordability — Avondale, Birmingham, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $54,000 |
| Median Household Income | $28,700 |