Welcome to our 35209 real estate data hub, tailored for investors in Homewood, AL. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 35209 in Homewood, AL. Discover Section 8 housing opportunities and challenges to maximize your investment potential in JEFFERSON COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Homewood, AL real estate investing. Uncover the wealth of information available, and position yourself for success in the Homewood property market.
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Location Overview
- Zip Code: 35209
- City: Homewood
- State: AL
- Metro Area: Birmingham-Hoover, AL
- County Name: JEFFERSON COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $461,580
- Average Home Price (Single Family Homes): $501,467
- Average Monthly Rental Price (All Types): $2,018
- Price-to-Rent Ratio: 19
- Zillow Projected % appreciation from 4/2023-4/2024: 2.4%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,310
- Average 3 Bedroom Section 8 Rental Rates: $1,680
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 29.36
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 22.9
- Number of Units Offered in Section 8 in the County: 8807
- Number of Occupied Units in Section 8 in the County: 8134
- Percentage of Section 8 Units Occupied in the County: 92.40000153%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 353.71
- Total % Appreciation since 2000 (Government Data): 159.09
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.53%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 5.76%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 30.43%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 55.51%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 129.57%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 118.57%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 201.95%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 24.99%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%