2024 2nd Ave #701 · Birmingham, AL
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $916 – $1,700
Heat risk 7/10 · Major
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 6 days/yr
- Unhealthy air days in 30 yrs
- 8 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the F grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +13.2/15.0
- Appreciation +4.8/10.0
- Cash flow +4.4/30.0
- Livability +3.4/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- 1% rule +2.2/10.0
- Schools +0.9/10.0
- DSCR +0.0/10.0
$329,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Stunning 2BR/2BA corner-unit condo in the historic City Federal building with 16 south-facing windows and spectacular views! Features include a spacious primary suite with double vanity, soaking tub, separate shower, and large walk-in closet; second bedroom with panoramic views; full guest bath; open-concept kitchen/living area perfect for entertaining; granite countertops in kitchen and both baths; in-unit laundry; hardwood floors; recessed/pendant lighting; and ceiling fans. Large coat closet easily converts to home office. Beautifully maintained with fresh paint throughout. Building offers elegant lobby with concierge. HOA includes water, sewer, garbage, and 1 parking space in attached garage. Enjoy vibrant downtown living near restaurants, bars, Railroad Park, Regions Field, and more! Sellers to pay HOA fees for 6 months from time of closing.
Key facts
- Double vanity
- Soaking tub
- Corner-unit condo
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $329k.
Deal economics
- At list price, monthly cash flow is $-868 ($-10k/yr) — negative.
- To cash-flow at today's rent, offer at most $294k (10.7% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $236k (28.3% below list).
- Recommended offer: $236k (28.3% below list) — sets the bar for 1% rule.
- Cap rate 3.1% vs local median 6.2% in Birmingham — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
Location & tenants
- Location reads 67/100 on livability (#78 in AL) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities C-, schools F, crime F.
- Birmingham City (urban): math 4% / reading 20% proficiency, ranked #116 of 129 in AL (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 82% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: 45 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); 2,114 units permitted in Jefferson County in 2024 (556 in 5+ unit buildings).
- At $2,358/mo this rent would consume 60% of the median local household income ($47k/yr) (locally 344% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- In year one you build about $1k of equity ($2k loan paydown + $-1k appreciation (-0.3% local appreciation)).
- Jefferson County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
Negotiation context
- It's been on market 255 days — a 12% lower offer ($290k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 14y ago; this cycle's ask has dropped $20k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: HOA is 28% of rent; built in 1913 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 255 days. Have you received any prior offers? Is the seller open to a 28% concession, seller financing, or rate buy-down credit?
- Built in 1913 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 0.72% ✗
- Cap rate
- 3.13%
- Cash-on-cash
- -11.31%
- DSCR
- 0.50
- GRM
- 11.6
CMA / ARV
- ARV (median comp)
- $376,572
- List price
- $329,000
- Delta
- -12.63%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-0.32% appreciation · 3.0% rent growth · sell at horizon
- IRR
- -16.8%
- Equity multiple
- 0.25×
- Total profit
- $-69,478
- Equity at exit
- $90,327
- IRR
- -10.1%
- Equity multiple
- -0.01×
- Total profit
- $-92,681
- Equity at exit
- $104,507
Cash invested: $92,120 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 90 Strongly Landlord-Friendly
- State Alabama
- 90 Strongly Landlord-Friendly · R+15
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 35203
- Home prices YoY
- -0.2%
- Active inventory
- 45
- Price-to-rent
- 11.6×
Monthly cashflow live
- Estimated rent
- $2,358 high interval (Pro) →
- Mortgage (P&I)
- −$1,725
- Tax from tax record
- −$199 /mo · $2,390/yr
- Insurance
- −$137
- HOA est. from 4 same-building comps
- −$669
- Vacancy / Maint / Mgmt
- −$495
- Net cashflow
- $-868
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $82,250
- Closing costs
- $9,870
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2024 2nd Ave N #1801 Birmingham, AL | 2.0 | 2.0 | 1340 | $2,500 | $1.87 | 23d | 1 | 0.02mi |
| 2227 2nd Ave N Unit 304 Birmingham, AL | 1.0 | 1.0 | 1521 | $2,880 | $1.89 | 43d | 1 | 0.17mi |
| 120 19th St N Unit 312 Birmingham, AL | 2.0 | 2.0 | 952 | $3,495 | $3.67 | 43d | 1 | 0.20mi |
| 120 19th St N Birmingham, AL | 1.0–2.0 | 1.0–2.0 | 886 | $2,190 | $2.47 | 2d | 14 | 0.22mi |
| 1816 3rd Ave N Birmingham, AL | 1.0 | 1.0–1.5 | 1305 | $2,865 | $2.20 | 3d | 15 | 0.24mi |
| 2412 2nd Ave N #11 Birmingham, AL | 1.0 | 1.0 | 990 | $1,800 | $1.82 | 43d | 1 | 0.32mi |
| 2000 2nd Ave S Birmingham, AL | 2.0 | 1.0–2.0 | 980 | $2,419 | $2.47 | 3d | 27 | 0.34mi |
| 600 19th St N Birmingham, AL | 1.0–3.0 | 1.0–3.0 | 1398 | $3,008 | $2.15 | 19d | 83 | 0.40mi |
| 600 19th St N Birmingham, AL | 1.0–3.0 | 1.0–2.0 | 1120 | $2,725 | $2.43 | 16d | 30 | 0.40mi |
| 2014 3rd Ave S Birmingham, AL | 3.0 | 1.0–3.0 | 1107 | $2,311 | $2.09 | 2d | 73 | 0.41mi |
| 600 19th St N Unit 601 Birmingham, AL | 2.0 | 2.0 | 1001 | $2,544 | $2.54 | 11d | 1 | 0.41mi |
| 600 19th St N Unit 604 Birmingham, AL | 2.0 | 2.0 | 1001 | $2,895 | $2.89 | 11d | 1 | 0.41mi |
| 600 19th St N Unit 211 Birmingham, AL | 2.0 | 2.0 | 1670 | $3,250 | $1.95 | 11d | 1 | 0.41mi |
| 600 19th St N Apt 202 Birmingham, AL | 3.0 | 2.0 | 1248 | $3,050 | $2.44 | 11d | 1 | 0.41mi |
| 600 24th St N Birmingham, AL | 1.0–3.0 | 1.0–2.0 | 1098 | $1,244 | $1.13 | 1d | 13 | 0.42mi |
| 1701 1st Ave S Birmingham, AL | 1.0–2.0 | 1.0–2.0 | 889 | $2,506 | $2.82 | 2d | 21 | 0.45mi |
| 2400 1st Ave S Birmingham, AL | 2.0 | 1.0–2.0 | 824 | $1,968 | $2.39 | 1d | 29 | 0.49mi |
| 401 20th St S Birmingham, AL | 2.0 | 2.0 | 1295 | $2,000 | $1.54 | 11d | 2 | 0.54mi |
| 401 20th St S Birmingham, AL | 2.0–3.0 | 2.0 | 1163 | $2,100 | $1.81 | 16d | 2 | 0.54mi |
| 2020 5th Ave S Birmingham, AL | 1.0–3.0 | 1.0–2.5 | 1108 | $2,175 | $1.96 | 14d | 4 | 0.56mi |
| 1508 4th Ave S Birmingham, AL | 2.0 | 2.0 | 1142 | $2,222 | $1.95 | 3d | 3 | 0.70mi |
| 2722 5th Ave S Birmingham, AL | 2.0 | 1.0–2.0 | 794 | $2,300 | $2.90 | 1d | 11 | 0.82mi |
| 2808 7th Ave S Birmingham, AL | 1.0–2.0 | 1.0–2.0 | 933 | $1,789 | $1.92 | 10d | 11 | 1.02mi |
| 2808 7th Ave S Birmingham, AL | 1.0–2.0 | 1.0–2.0 | 933 | $1,714 | $1.84 | 1d | 11 | 1.02mi |
| 2900 7th Ave S Birmingham, AL | 1.0–2.0 | 1.0–2.0 | 889 | $1,858 | $2.09 | 1d | 15 | 1.05mi |
| 1001 20th St S Birmingham, AL | 4.0 | 1.0–4.0 | 824 | $2,012 | $2.44 | 2d | 22 | 1.08mi |
| 1124 20th St S Birmingham, AL | 1.0–2.0 | 1.0 | 1123 | $1,243 | $1.11 | 10d | 2 | 1.24mi |
| 2230 Highland Ave Birmingham, AL | 2.0 | 1.0–2.0 | 968 | $3,205 | $3.31 | 1d | 272 | 1.28mi |
| 2721 Hanover Cir Unit 5 Birmingham, AL | 2.0 | 1.0 | 950 | $1,150 | $1.21 | 43d | 1 | 1.31mi |
| 1003 28th Pl S Unit A Birmingham, AL | 2.0 | 2.0 | 1125 | $1,950 | $1.73 | 43d | 1 | 1.31mi |
| 1003 28th Pl S Unit B Birmingham, AL | 2.0 | 2.0 | 1125 | $1,899 | $1.69 | 23d | 1 | 1.31mi |
| 1711 13th Ave S Birmingham, AL | 1.0 | 2.0 | 1000 | $1,875 | $1.88 | 43d | 1 | 1.37mi |
| 2173 Highland Ave S Birmingham, AL | 1.0–2.0 | 1.0–2.0 | 908 | $2,241 | $2.47 | 1d | 32 | 1.38mi |
| 607 34th St S Birmingham, AL | 2.0 | 1.0 | 893 | $1,750 | $1.96 | 23d | 1 | 1.38mi |
| 609 34th St S Birmingham, AL | 3.0 | 2.0 | 1064 | $1,600 | $1.50 | 43d | 1 | 1.38mi |
| 2600 Highland Ave S #701 Birmingham, AL | 2.0 | 2.0 | 1652 | $3,800 | $2.30 | 43d | 1 | 1.39mi |
| 1906 15th Ct N Birmingham, AL | 2.0 | 1.0 | 1311 | $1,000 | $0.76 | 23d | 1 | 1.39mi |
| 2700 Highland Ave #201 Birmingham, AL | 2.0 | 2.0 | 1566 | $2,300 | $1.47 | 23d | 1 | 1.39mi |
| 700 34th St S Birmingham, AL | 2.0 | 2.5 | 1578 | $2,020 | $1.28 | 1d | 1 | 1.40mi |
| 1608 18th Pl N Birmingham, AL | 3.0 | 2.0 | 1243 | $950 | $0.76 | 43d | 1 | 1.42mi |
HOA detail condo
- Monthly dues
- $0 · $0/yr
- Likely covers
- watersewertrashdoorman
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 27 events
-
2026-06-18days on market $329,000 Active 255 DOM
-
2026-06-17days on market $329,000 Active 254 DOM
-
2026-06-16days on market $329,000 Active 253 DOM
-
2026-06-15days on market $329,000 Active 252 DOM
-
2026-06-13days on market $329,000 Active 250 DOM
-
2026-06-10days on market $329,000 Active 247 DOM
-
2026-06-09days on market $329,000 Active 246 DOM
-
2026-06-08days on market $329,000 Active 245 DOM
-
2026-06-07days on market $329,000 Active 244 DOM
-
2026-06-03days on market $329,000 Active 240 DOM
-
2026-06-02days on market $329,000 Active 239 DOM
-
2026-06-01days on market $329,000 Active 238 DOM
-
2026-05-31days on market $329,000 Active 237 DOM
-
2026-04-03price $329,000 859-char remark
Show marketing remark (859 chars)
Stunning 2BR/2BA corner-unit condo in the historic City Federal building with 16 south-facing windows and spectacular views! Features include a spacious primary suite with double vanity, soaking tub, separate shower, and large walk-in closet; second bedroom with panoramic views; full guest bath; open-concept kitchen/living area perfect for entertaining; granite countertops in kitchen and both baths; in-unit laundry; hardwood floors; recessed/pendant lighting; and ceiling fans. Large coat closet easily converts to home office. Beautifully maintained with fresh paint throughout. Building offers elegant lobby with concierge. HOA includes water, sewer, garbage, and 1 parking space in attached garage. Enjoy vibrant downtown living near restaurants, bars, Railroad Park, Regions Field, and more! Sellers to pay HOA fees for 6 months from time of closing.
-
2026-02-14price $339,000 859-char remark
Show marketing remark (859 chars)
Stunning 2BR/2BA corner-unit condo in the historic City Federal building with 16 south-facing windows and spectacular views! Features include a spacious primary suite with double vanity, soaking tub, separate shower, and large walk-in closet; second bedroom with panoramic views; full guest bath; open-concept kitchen/living area perfect for entertaining; granite countertops in kitchen and both baths; in-unit laundry; hardwood floors; recessed/pendant lighting; and ceiling fans. Large coat closet easily converts to home office. Beautifully maintained with fresh paint throughout. Building offers elegant lobby with concierge. HOA includes water, sewer, garbage, and 1 parking space in attached garage. Enjoy vibrant downtown living near restaurants, bars, Railroad Park, Regions Field, and more! Sellers to pay HOA fees for 6 months from time of closing.
-
2025-09-04$349,000 Active 859-char remark
Show marketing remark (859 chars)
Stunning 2BR/2BA corner-unit condo in the historic City Federal building with 16 south-facing windows and spectacular views! Features include a spacious primary suite with double vanity, soaking tub, separate shower, and large walk-in closet; second bedroom with panoramic views; full guest bath; open-concept kitchen/living area perfect for entertaining; granite countertops in kitchen and both baths; in-unit laundry; hardwood floors; recessed/pendant lighting; and ceiling fans. Large coat closet easily converts to home office. Beautifully maintained with fresh paint throughout. Building offers elegant lobby with concierge. HOA includes water, sewer, garbage, and 1 parking space in attached garage. Enjoy vibrant downtown living near restaurants, bars, Railroad Park, Regions Field, and more! Sellers to pay HOA fees for 6 months from time of closing.
-
2019-07-02soldstatus $297,000
-
2019-06-28soldstatus $297,000 Sold 750-char remark
Show marketing remark (750 chars)
City Federal Condominium with 16 windows overlooking downtown Birmingham. Most are south facing but some east and west, allow lots of light and GREAT VIEWS. This unit is well maintained with: 2 large bedrooms; 2 full baths; hardwood floors; recessed and pendant lighting; ceiling fans; granite in both baths and the kitchen. The kitchen has an eat-in area as well as a breakfast bar with stainless steel appliances. Master suite with a bath that features two sinks, walk-in shower, separate tub and huge master closet. This historical building has an elegant lobby entrance with concierge and a garage parking space is included. Association fee includes water/sewer/garbage, cable, internet and insurance. Freshly painted, washer and dryer to remain.
-
2019-06-26historical 750-char remark
Show marketing remark (750 chars)
City Federal Condominium with 16 windows overlooking downtown Birmingham. Most are south facing but some east and west, allow lots of light and GREAT VIEWS. This unit is well maintained with: 2 large bedrooms; 2 full baths; hardwood floors; recessed and pendant lighting; ceiling fans; granite in both baths and the kitchen. The kitchen has an eat-in area as well as a breakfast bar with stainless steel appliances. Master suite with a bath that features two sinks, walk-in shower, separate tub and huge master closet. This historical building has an elegant lobby entrance with concierge and a garage parking space is included. Association fee includes water/sewer/garbage, cable, internet and insurance. Freshly painted, washer and dryer to remain.
-
2019-05-15historical Contingent 750-char remark
Show marketing remark (750 chars)
City Federal Condominium with 16 windows overlooking downtown Birmingham. Most are south facing but some east and west, allow lots of light and GREAT VIEWS. This unit is well maintained with: 2 large bedrooms; 2 full baths; hardwood floors; recessed and pendant lighting; ceiling fans; granite in both baths and the kitchen. The kitchen has an eat-in area as well as a breakfast bar with stainless steel appliances. Master suite with a bath that features two sinks, walk-in shower, separate tub and huge master closet. This historical building has an elegant lobby entrance with concierge and a garage parking space is included. Association fee includes water/sewer/garbage, cable, internet and insurance. Freshly painted, washer and dryer to remain.
-
2019-05-09$307,900 Active 750-char remark
Show marketing remark (750 chars)
City Federal Condominium with 16 windows overlooking downtown Birmingham. Most are south facing but some east and west, allow lots of light and GREAT VIEWS. This unit is well maintained with: 2 large bedrooms; 2 full baths; hardwood floors; recessed and pendant lighting; ceiling fans; granite in both baths and the kitchen. The kitchen has an eat-in area as well as a breakfast bar with stainless steel appliances. Master suite with a bath that features two sinks, walk-in shower, separate tub and huge master closet. This historical building has an elegant lobby entrance with concierge and a garage parking space is included. Association fee includes water/sewer/garbage, cable, internet and insurance. Freshly painted, washer and dryer to remain.
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2014-11-06soldstatus $202,440
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2014-10-17soldstatus $202,000
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2014-07-11$210,000
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2012-03-20soldstatus $179,900
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2012-03-13soldstatus $179,900
-
2012-01-12$189,900
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast AL · Resets to sale price
- Current annual tax
- $2,390 · $199/mo
- Projected year-2 tax
- $2,390 · $199/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 7/10 Severe 7 d/yr ≥106°F today · 19 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 6 unhealthy d/yr today · 8 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $28,293
- − Mortgage interest
- −$18,429
- − Property taxes
- −$2,390
- − Insurance
- −$1,645
- − Repairs & maintenance
- −$2,263
- − Management
- −$2,263
- − HOA
- −$8,028
- − Depreciation
- −$9,571
- Taxable loss
- −$16,297
- Est. tax savings @ 24.0%
- +$3,911
- After-tax cash flow
- $-6,504/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Birmingham City
- NCES district ID
- 0100390
- Math proficiency
- 4% ▼ -17.00%
- Reading proficiency
- 20% ▼ -4.00%
- Median HH income
- $31,988
- Composite
- 9.49/100
- National rank
- #9850
- State rank
- #116 of 129 in AL
Livability — Birmingham
- Score
- 67/100
- State rank
- #78
- US rank
- #10412
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Birmingham, AL
- County
- Jefferson County · 527,445 people
- City population
- 210,422
- Metro
- Birmingham-Hoover, AL
- Population (ZIP)
- 3,506
- Household income
- $47,434
- Rent vs Own
- Severe rent burden
- 344.0
Population outlook (Jefferson County) Hauer SSP2
- Today (2025)
- 669,185 people
- By 2030
- 669,694 · +0.1%
- By 2040
- 661,388 · -1.2%
- By 2050
- 643,086 · -3.9%
- By 2075
- 577,267 · -13.7%
- By 2100
- 474,758 · -29.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.58)
- Race & ethnicity
- Black 49% White 43% Hispanic / Latino 6% Two or more races 3%
- Hispanic origin (detail)
- Mexican 1%
- Common ancestry
- Slovak 3% Italian 2% Scotch-Irish 1%
- Foreign-born
- 2% · Canada
- Languages at home
- 98% English-only · Spanish 1% French/Haitian/Cajun 1%
Political lean MEDSL · Jefferson
- 2024 margin
- D (+10.4) · D 54.6% · R 44.2% · Other 1.2%
- 2008→2024 swing
- +5.4pp toward D · 2008: 5.1pp · 2024: 10.4pp
- All cycles
- 2024: D+10.4 2020: D+13.2 2016: D+7.2 2012: D+6.0 2008: D+5.1
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -0.32%
- Current HPI
- 187.0483
- Rent YoY
- —
- Metro
- Birmingham-Hoover, AL
- State GDP YoY
- ▲ 2.94%
- F500 in state
- 4
Industry mix (Fortune 500 HQ in AL)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Financial Services | 1 | $8B |
|
||
| Healthcare | 1 | $5B |
|
||
Price history
+73.2% since first listed14 events — show timeline
- 2026-04-03 Price Changed $329,000 Greater Alabama MLS
- 2026-02-14 Price Changed $339,000 Greater Alabama MLS
- 2025-09-04 Listed $349,000 Greater Alabama MLS
- 2019-07-02 Sold (Public Records) $297,000 Public Records
- 2019-06-28 Sold (MLS) $297,000 Greater Alabama MLS
- 2019-06-26 Delisted — Greater Alabama MLS
- 2019-05-15 Contingent — Greater Alabama MLS
- 2019-05-09 Listed $307,900 Greater Alabama MLS
- 2014-11-06 Sold (Public Records) $202,440 Public Records
- 2014-10-17 Sold (MLS) $202,000 Greater Alabama MLS
- 2014-07-11 Listed $210,000 Greater Alabama MLS
- 2012-03-20 Sold (Public Records) $179,900 Public Records
- 2012-03-13 Sold (MLS) $179,900 Greater Alabama MLS
- 2012-01-12 Listed $189,900 Greater Alabama MLS
Property tax history
+6.9%/yrLatest (2025): $2,390 · +0.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…