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Sarah Mitchell
Compass Real Estate · ZIP 35216
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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35216 ZIP Code Housing Market
$440,000median sale price
What is the 35216 housing market like right now?
The median home sale price in ZIP code 35216 is $440,000, down 2.4% year-over-year. Homes sell in an average of 34 days with 109 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 35216 ZIP code a buyer's or seller's market?
ZIP code 35216 is currently a balanced market and homes selling in about 34 days. How we determine this →
What are the latest 35216 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $440,000 |
| Median list price | $426,950 |
| Year-over-year price change | -2.4% |
| Average days on market | 34 days |
| Active inventory | 109 listings |
| Sale-to-list price ratio | 101.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 35216 zip code, located in Homewood, AL, is currently classified as a balanced market. The median sale price stands at $440,000, representing a -2.4% change year over year. Homes in this area spend an average of 34 days on the market before going under contract. There are currently 109 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 35216 sits in the Homewood, AL area, roughly 3 miles from downtown Homewood. Because home prices are set street by street, this ZIP can move differently from Homewood's citywide averages. The figures below reflect 35216 specifically — drawn from Redfin transactions, U.S. Census data for its 34,327 residents, and Zillow value estimates.
Homes sold
139
Last 12 weeks
Days on market
34
Average pace
Active listings
109
Sale-to-list
101.0%
Above asking
What is driving the 35216 housing market?
The 35216 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 101.0% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 35216 have declined -2.4% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 35216 stands at $420,384, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,359 per month. This gives a price-to-rent ratio of approximately 25.8, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 35216?
Population
34,327
Median income
$74,525/yr
Median age
34.4 years
Owner-occupied
55.6%
College grads
55.8%
Avg commute
24.09 min
What is it like living in 35216?
Zip code 35216 is home to approximately 34,327 residents. The median household income is $74,525 per year, which shapes the types of homes and amenities available in the area. With a median age of 34.4 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 55.6% of housing units are owner-occupied, showing a healthy mix of homeowners and renters that contributes to a diverse community.
About 55.8% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 24.09 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 35216.
Which public schools serve ZIP 35216?
5 schools tracked · 4,749 students
The largest public schools serving ZIP code 35216 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Vestavia Hills High School
Grades 10-12 · 1,624 students
Pizitz Middle School
Grades 6-8 · 1,133 students
Vestavia Hills Elementary East
Grades PK-5 · 741 students
Vestavia Hills Elementary West
Grades PK-5 · 720 students
Vestavia Hills High School Freshman Campus
Grades 9 · 531 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 35216
What is the median home price in 35216?
The current median sale price in 35216 is $440,000, based on recent Redfin transaction data. Prices have changed -2.4% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 35216 a buyer's or seller's market?
The 35216 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 35216?
Zip code 35216 has a population of approximately 34,327 residents. The median household income is $74,525 per year. About 55.6% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 35216?
Properties Incorporated provides comprehensive data for 35216 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 35216 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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