How much is a home worth in ZIP code 35209?

The typical home in 35209 is worth $532,560, based on the Zillow Home Value Index.

Are home values rising in 35209?

Home values in 35209 are up 4.3% over the past year, and up 4.0% a year over five years.

What is the typical rent in 35209?

A typical home in 35209 rents for about $1,536 a month, a gross rental yield of 3.5%.

What is the property tax rate in 35209?

The effective property tax rate in 35209 is 0.6% — roughly $3,067 a year on a typical home.

ZIP code 35209 has a population of 32,734 and a median household income of $71,439.

HousingHandbookReference data

…

U.S. ZIP Code · AL35209

Jefferson County · Birmingham, AL

Typical home value

$532,560^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.3%
5-year / yr: +4.0%
10-year / yr: +5.9%

Relative price

vs U.S.: +87.5%
vs metro: +135.6%
vs state: +171.7%

Price history

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

The typical home in 35209 is worth $532,560 — 135.6% above the Birmingham, AL median. Over the past year, values have risen 4.3%. Homes here rent for a typical $1,536 a month — a 3.5% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent: $1,536^[2]
Gross yield: 3.5%^[2]
Cap rate: 2.1%^[2]

#Property tax

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

Effective tax rate: 0.6%^[3]
Typical annual tax: $3,067^[3]

#Climate risk

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

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

#Who lives here

Population: 32,734^[3]
Median household income: $71,439^[3]

#Migration

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

Net migration: -1,053^[5]
Moved in: 13,199
Moved out: 14,252

Schools

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

Public schools: 7
Elementary: 3
Middle: 1
High: 2

Homewood High School
High · Grades 9–12 · Homewood City
1,308 students
Homewood Middle School
Middle · Grades 6–8 · Homewood City
974 students
Edgewood Elementary School
Elementary · Grades K–5 · Homewood City
921 students
Hall Kent Elementary School
Elementary · Grades PK–5 · Homewood City
751 students
Shades Cahaba Elementary School
Elementary · Grades K–5 · Homewood City
510 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.

Home value$Monthly rent$

Gross yield3.5%

Net yield (after ~40% expenses)2.1%

Annual rent$18,434

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,693

Loan principal$426,048

Down payment$106,512

Total interest paid$543,400

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.21

Monthly cost to own$3,394

Monthly rent$1,536

Renting is meaningfully cheaper month-to-month.

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: 57th percentile^[1]
Rental yield: 8th percentile^[2]
Property tax: 90th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 35209?: The typical home in 35209 is worth $532,560, based on the Zillow Home Value Index.
Are home values rising in 35209?: Home values in 35209 are up 4.3% over the past year, and up 4.0% a year over five years.
What is the typical rent in 35209?: A typical home in 35209 rents for about $1,536 a month, a gross rental yield of 3.5%.
What is the property tax rate in 35209?: The effective property tax rate in 35209 is 0.6% — roughly $3,067 a year on a typical home.
Who lives in 35209?: ZIP code 35209 has a population of 32,734 and a median household income of $71,439.

#Comparable ZIPs

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

35242 vs 35209 →
Hoover, AL
Typical home
$563,946
Gross yield
3.2%
35243 vs 35209 →
Vestavia Hills, AL
Typical home
$584,108
Gross yield
3.7%
35244
Hoover, AL
Typical home
$478,412
Gross yield
3.4%
35226
Hoover, AL
Typical home
$439,242
Gross yield
5.1%
35054
Pell City, AL
Typical home
$413,793
Gross yield
—
35216
Vestavia Hills, AL
Typical home
$413,752
Gross yield
3.8%

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Pit ZIP 35209 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · AL35209

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