Oak Mountain, Birmingham, AL—35235
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oak Mountain, Birmingham, AL
As of Oct '25, the median home price in Oak Mountain, Birmingham, AL is $182,000, with a year-over-year change of -1.0%. This indicates that home prices in Oak Mountain, Birmingham, AL are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $182,000 | -1.0% |
| Single Family | $183,000 | -0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $125,000 | -4.6% |
3 Bed | $178,000 | -0.6% |
4 Bed | $217,000 | -0.5% |
| 5 Bed | $256,000 | -1.9% |
% of Housing Stock
Rental Trends — Oak Mountain, Birmingham, AL
As of July '25, Rentcast reports the average rent in Oak Mountain, Birmingham, AL is $1,450, with a year-over-year rent change of 2.1%. Per bedroom, the median rent as of July '25 in Oak Mountain, Birmingham, AL is studios: $1,040, 1-bedrooms: $999, 2-bedrooms: $1,100, 3-bedrooms: $1,470, 4-bedrooms: $1,760. The most common rental property sizes in Oak Mountain, Birmingham, AL are 2-bedroom and 3-bedroom, accounting for 41.1% and 31.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,450 |
| Studio Rent | $1,040 | $1,040 |
| 1 Bed Rent | $999 | $999 |
| 2 Bed Rent | $1,100 | $1,100 |
| 3 Bed Rent | $1,460 | $1,470 |
| 4 Bed Rent | $1,670 | $1,760 |
% of Rental Stock
Property Listings — Oak Mountain, Birmingham, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Oak Mountain, Birmingham, AL is 47. This is a decrease of -7.0% 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 | $210,000 | -5.0% |
Listing Count | 113 | 30.0% |
| Listings as % of Homes | 0.9% | 30.0% |
Days on Market | 47 | -7.0% |
Demographics — Oak Mountain, Birmingham, AL
As of the latest ACS Survey released in 2023, Oak Mountain, Birmingham, AL has a population of 19,600, which has decreased by -6.3% over the past 5 years. Oak Mountain, Birmingham, AL is a popular place for families, as children make up 26.8% of the population. The area has a moderately educated workforce, with 27.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,600 | -6.3% |
% Under 18 | 26.8% | 13.1% |
% Seniors | 17.0% | 8.3% |
% WFH | 7.4% | 105.6% |
% w/ College Degree | 27.3% | 6.6% |
As of the latest ACS Survey released in 2023, Oak Mountain, Birmingham, AL is a predominantly black area, with 63.2% of the population identifying as black. The black population has grown by 14.5% in the last 5 years. The second most common race or ethnicity in Oak Mountain, Birmingham, AL is white, making up 29.9% of the population. Foreign-born residents account for 3.3% of the population in Oak Mountain, Birmingham, AL, and this percentage has decreased by 8.3% 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 | 29.9% | -18.3% |
% Black | 63.2% | 14.5% |
% Hispanic | 2.2% | -66.2% |
% Asian | 2.4% | 300.0% |
% Foreign Born | 3.3% | -8.3% |
Mortgage and Risk — Oak Mountain, Birmingham, AL
According to HUD data as of 2023, there were 438 mortgage originations in Oak Mountain, Birmingham, AL, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Oak Mountain, Birmingham, AL. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 438 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Oak Mountain, Birmingham, AL
As of 2024, the percent of homes in Oak Mountain, Birmingham, AL under the Section 8 program is 11.2%. 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 Oak Mountain, 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 | 307 |
Total Units Section 8 | 307 |
% Rentals under Section 8 | 11.2% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $261 | $999 | $1,260 |
| 2 Bedroom | $300 | $1,100 | $1,400 |
| 3 Bedroom | $290 | $1,460 | $1,750 |
| 4 Bedroom | $310 | $1,670 | $1,980 |
Affordability — Oak Mountain, Birmingham, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $182,000 |
| Median Household Income | $57,200 |