HousingHandbookReference data

U.S. ZIP Code · AL35124

Shelby County · Birmingham, AL

Typical home value

$348,010[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.3%
5-year / yr
+4.3%
10-year / yr
+5.2%

Relative price

vs U.S.
+22.5%
vs metro
+53.9%
vs state
+77.6%
ZIP 35124 location in AL
Location of ZIP 35124 in AL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 35124 is worth $348,010 — 53.9% above the Birmingham, AL median. Over the past year, values have risen 2.3%. The effective property tax rate is 0.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.4%[3]
Typical annual tax
$1,562[3]

#Climate risk

FEMA National Risk Index ratings for Shelby County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
Relatively Low
Heat wave
Relatively Moderate
Hurricane
Relatively Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively Low

#Who lives here

Population
25,238[3]
Median household income
$99,726[3]

#Migration

Household moves in and out of Shelby County over a year, from IRS tax-return data.

Net migration
+601[5]
Moved in
7,034
Moved out
6,433

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
5
Elementary
2
Middle
1
High
1
  • Pelham High School

    High · Grades 9–12 · Pelham City

    1,100 students

  • Pelham Park Middle School

    Middle · Grades 6–8 · Pelham City

    833 students

  • Pelham Ridge

    Elementary · Grades PK–5 · Pelham City

    781 students

  • Pelham Oaks

    Elementary · Grades PK–5 · Pelham City

    734 students

  • Linda Nolen Learning Center

    Other · Grades PK–12 · Shelby County

    71 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,760
Loan principal$278,408
Down payment$69,602
Total interest paid$355,094

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,180
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
65th percentile[1]
Rental yield
[2]
Property tax
74th percentile[3]

Frequently asked

How much is a home worth in ZIP code 35124?
The typical home in 35124 is worth $348,010, based on the Zillow Home Value Index.
Are home values rising in 35124?
Home values in 35124 are up 2.3% over the past year, and up 4.3% a year over five years.
What is the property tax rate in 35124?
The effective property tax rate in 35124 is 0.4% — roughly $1,562 a year on a typical home.
Who lives in 35124?
ZIP code 35124 has a population of 25,238 and a median household income of $99,726.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Alabaster, AL

    Typical home
    $343,213
    Gross yield
  • Helena, AL

    Typical home
    $339,568
    Gross yield
    6.7%
  • Wilsonville, AL

    Typical home
    $358,729
    Gross yield
  • Springville, AL

    Typical home
    $326,751
    Gross yield
    6.9%
  • Sterrett CDP, AL

    Typical home
    $324,602
    Gross yield
  • Columbiana, AL

    Typical home
    $322,771
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 35124 against any other ZIP — full side-by-side table.

Compare 35124

#Jump to section