Irondale, Birmingham, AL—35218
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Irondale, Birmingham, AL
As of Oct '25, the median home price in Irondale, Birmingham, AL is $76,000, with a year-over-year change of 0.1%. This indicates that home prices in Irondale, Birmingham, AL are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $76,000 | 0.1% |
| Single Family | $76,000 | 1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $60,000 | 3.4% |
3 Bed | $80,000 | 2.6% |
4 Bed | $99,000 | 3.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Irondale, Birmingham, AL
As of July '25, Rentcast reports the average rent in Irondale, Birmingham, AL is $1,100, with a year-over-year rent change of 13.9%. Per bedroom, the median rent as of July '25 in Irondale, Birmingham, AL is 1-bedrooms: $612, 2-bedrooms: $848, 3-bedrooms: $1,120, 4-bedrooms: $1,270. The most common rental property sizes in Irondale, Birmingham, AL are 2-bedroom and 3-bedroom, accounting for 48.6% and 41.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,100 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $550 | $612 |
| 2 Bed Rent | $850 | $848 |
| 3 Bed Rent | $1,100 | $1,120 |
| 4 Bed Rent | $1,250 | $1,270 |
% of Rental Stock
Property Listings — Irondale, Birmingham, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Irondale, Birmingham, AL is 74. This is a increase of 34.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $85,000 | -1.0% |
Listing Count | 33 | 16.0% |
| Listings as % of Homes | 0.9% | 16.0% |
Days on Market | 74 | 34.0% |
Demographics — Irondale, Birmingham, AL
As of the latest ACS Survey released in 2023, Irondale, Birmingham, AL has a population of 6,630, which has decreased by -7.7% over the past 5 years. Irondale, Birmingham, AL is a moderately popular place for families, as children make up 24.3% of the population. The area has a poorly educated workforce, with 9.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,630 | -7.7% |
% Under 18 | 24.3% | -4.3% |
% Seniors | 13.5% | 13.4% |
% WFH | 4.1% | 95.2% |
% w/ College Degree | 9.0% | 5.9% |
As of the latest ACS Survey released in 2023, Irondale, Birmingham, AL is a predominantly black area, with 76.1% of the population identifying as black. The black population has shrunk by 18.7% in the last 5 years. The second most common race or ethnicity in Irondale, Birmingham, AL is white, making up 5.5% of the population. Foreign-born residents account for 1.9% of the population in Irondale, Birmingham, AL, and this percentage has increased by 171.4% 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 | 5.5% | 12.2% |
% Black | 76.1% | -18.7% |
% Hispanic | 3.7% | 362.5% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.9% | 171.4% |
Mortgage and Risk — Irondale, Birmingham, AL
According to HUD data as of 2023, there were 50 mortgage originations in Irondale, Birmingham, AL, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Irondale, Birmingham, AL. Investor activity is high, as 18.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 50 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 18.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Irondale, Birmingham, AL
As of 2024, the percent of homes in Irondale, Birmingham, AL under the Section 8 program is 23.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Irondale, 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 | 525 |
Total Units Section 8 | 368 |
% Rentals under Section 8 | 23.2% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $450 | $550 | $1,000 |
| 2 Bedroom | $280 | $850 | $1,130 |
| 3 Bedroom | $320 | $1,100 | $1,420 |
| 4 Bedroom | $330 | $1,250 | $1,580 |
Affordability — Irondale, Birmingham, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $76,000 |
| Median Household Income | $31,000 |