Woodlawn home values

Woodlawn
Birmingham, Alabama · Neighborhood report
Typical value $122K · ZIP 35212 · Values through Aug 2026

Woodlawn at a glance

  • Zillow’s Home Value Index puts the typical home at $121,700 (Aug 2026), −4.0% over the past 12 months and −12% over five years.
  • The Census median home value is $210,400 — 30% below Birmingham overall and 38% below the U.S. median.
  • Median household income is $34,565, so homes cost 6.1× local income.
  • Median rent is $754/month (a 4.3% gross rental yield).
  • Its ZIP ranks 9th of 17 Birmingham ZIP codes by home value.
Value trend

Woodlawn home value trend

$122K
Typical value (Aug 2026)
−4.0%
1-year change
−12%
5-year change
+56%
10-year change
Woodlawn typical home value, Aug 2016 to Aug 2026$80K$160K$240K$320K20182020202220242026
WoodlawnBirmingham

Over the 12 months to Aug 2026, typical home values in Woodlawn fell 4.0%, to about $121,700. That is 5.6 percentage points slower than Birmingham (+1.6%). Values are 22.8% below their peak of $157,700 in Aug 2022. Over five years the typical home gained $-15,900 in value (−12%).

Year-by-year values
MonthTypical valueChange vs year before
Aug 2026$121,700−4.0%
Aug 2025$126,900−5.8%
Aug 2024$134,600−9.1%
Aug 2023$148,100−6.1%
Aug 2022$157,700+14.6%
Aug 2021$137,600+37.6%
Aug 2020$100,000+7.1%
Aug 2019$93,400−0.8%
Aug 2018$94,200+15.5%
Aug 2017$81,500+4.2%
Aug 2016$78,300—

Source: Zillow Home Value Index (ZHVI), typical value of mid-tier homes, smoothed & seasonally adjusted. Areas with several ZIPs: population-weighted.

Value score

Woodlawn home value score

3.4
Value Score / 10
Census-based
from local value, rent & income

In ZIP 35212, prices are high relative to rents (a low gross yield), and homes are expensive against local incomes.

How the Value Score is built

Rental yield1.9 / 10
Gross annual rent as a share of home value — 4.3% here. Higher means stronger cash flow.
Affordability4.9 / 10
Home value versus local income — 6.1× here. Lower is more affordable.

Computed figures

4.3%
Gross rental yield
6.1×
Price-to-income
−38%
Value vs U.S.

A transparent value snapshot — computed from U.S. Census ACS (2023) for this ZIP: home value, gross rent and household income. It is not a market-timing or appreciation forecast.

Comparison

Woodlawn vs Birmingham, Alabama and the U.S.

WoodlawnBirminghamAlabamaU.S.
Typical value (Zillow, Aug 2026)$121,700$332,500$263,300—
1-year change−4.0%+1.6%+1.0%—
5-year change−12%+12%+14%—
Median home value (Census)$210,400$300,400$235,200$340,200
Median household income$34,565$73,100$69,100$78,500
Median gross rent$754/mo$1,170/mo$1,119/mo$1,406/mo
Price-to-income ratio6.1×4.1×3.4×4.3×
Gross rental yield4.3%4.7%5.7%5.0%
Rent as share of income26%19%19%21%
Mortgage payment*$1,064/mo$1,519/mo$1,189/mo$1,720/mo

Census figures: U.S. Census Bureau ACS 5-year estimates; areas spanning several ZIPs use population-weighted averages of ZIP medians, and city/state columns cover the ZIPs of the places listed on this site. Zillow: ZHVI. *Principal & interest on the Census median value, 20% down, 6.5% fixed, 30 years.

Buying vs renting

What it costs to buy a home in Woodlawn

$122K
Typical price
$24K
Down payment (20%)
$615
Monthly P&I
$754
Median rent

At today’s typical value of $121,700 (Zillow, Aug 2026), a buyer putting 20% down ($24,340) and financing the rest at 6.5% over 30 years would pay about $615 a month in principal and interest — 21% of the median household income here. That sits within the common 28% guideline, so the typical home is within reach of a typical local household. The median rent is $754/month, so owning is roughly 18% cheaper per month than renting, even before counting equity.

Estimate only: excludes property tax, insurance, HOA and PMI, which vary by property. Incomes and rents are the latest Census (ACS 2023) figures. Run your own numbers in the estimator below.

Take-aways

What this means for buyers, sellers and investors in Woodlawn

Buyers

At 6.1× local income, this is a premium market; expect competition for the few homes at the lower end of the range. Prices have eased 4.0% over the past year, which gives buyers more room to negotiate.

Sellers

Values are down 4.0% on the year, so price to today’s market rather than last year’s peak — and get a home-specific estimate: condition and size move the number more than the area average.

Investors

A gross rental yield of 4.3% is low — this is an appreciation play rather than a cash-flow market.

Nearby

Other neighborhoods in Birmingham

NameHome value1-yrIncomeRentPrice / income
Avondale ZIP 35222 · shared$375K+2.3%$92K$1,0864.1×
Bessemer$92K−8.5%$37K$9512.5×
Cahaba Heights$484K+4.4%$99K$1,6324.9×
Center Point$147K+1.4%$52K$1,0802.8×
Crestwood$753K+8.5%$162K$1,7494.7×
Downtown ZIP 35205 · shared$292K−2.1%$49K$1,0055.9×
East Lake ZIP 35206 · shared$123K−3.6%$39K$9903.1×
Ensley$80K−0.8%$31K$8972.6×
Fairfield city data$289K−2.6%$47K$9546.2×
Five Points South ZIP 35205 · shared$292K−2.1%$49K$1,0055.9×
Forest Park ZIP 35222 · shared$375K+2.3%$92K$1,0864.1×
Fultondale city data$289K−2.6%$47K$9546.2×
Gardendale city data$289K−2.6%$47K$9546.2×
Glen Iris ZIP 35205 · shared$292K−2.1%$49K$1,0055.9×
Highland Park ZIP 35205 · shared$292K−2.1%$49K$1,0055.9×
Homewood ZIP 35205 · shared$292K−2.1%$49K$1,0055.9×
Hoover$391K+2.9%$114K$1,4133.4×
Hueytown city data$289K−2.6%$47K$9546.2×
Irondale$222K+3.5%$74K$9763.0×
Lakeview ZIP 35205 · shared$292K−2.1%$49K$1,0055.9×
Mountain Brook$744K+7.5%$155K$1,3724.8×
Norwood$78K−9.9%$24K$7833.3×
Pratt City$150K+3.6%$55K$9872.7×
Roebuck ZIP 35206 · shared$123K−3.6%$39K$9903.1×
Roebuck Springs ZIP 35206 · shared$123K−3.6%$39K$9903.1×
Southside ZIP 35205 · shared$292K−2.1%$49K$1,0055.9×
Tarrant$114K−0.7%$39K$8352.9×
Titusville ZIP 35205 · shared$292K−2.1%$49K$1,0055.9×
Trussville$166K+1.0%$57K$1,2202.9×
Vestavia Hills$466K+6.5%$72K$1,2466.4×
Woodlawn$210K−4.0%$35K$7546.1×

Home value, income and rent: Census ACS medians; 1-yr: Zillow ZHVI change over 12 months. Tap a column heading to sort.

Common questions

Woodlawn real estate FAQ

Are home prices going up in Woodlawn?

Down — the Zillow Home Value Index for Woodlawn fell 4.0% in the 12 months to Aug 2026, to about $121,700. Birmingham changed +1.6% over the same period. Over five years values are −12%.

What is the typical home value in Woodlawn?

The median owner-occupied home in Woodlawn is valued at about $210,400 according to the U.S. Census Bureau’s ACS 2023 5-year estimates — 38% below the U.S. median and 30% below Birmingham. Zillow’s more current index puts the typical home at about $121,700.

Is Woodlawn affordable?

Homes cost about 6.1× the median household income of $34,565, which makes it an expensive market relative to local earnings. At today’s typical value of about $121,700, principal and interest would take about 21% of that income.

How much is rent in Woodlawn?

Median gross rent (rent plus utilities) is about $754 a month, 46% below the U.S. median, or 26% of the median household income.

Is Woodlawn good for rental property investment?

The gross rental yield — a year of median rent divided by the typical home value — is 4.3%. That is low, so investors here usually rely on appreciation rather than rental income.
Your home

What’s your Woodlawn home worth?

Just lookingColdReady to sell

Estimates are informational only and are not an appraisal.

Methodology

About this data

Data last updated: September 2026.

Current values and trends use the Zillow Home Value Index (ZHVI) — the typical value of mid-tier homes, smoothed and seasonally adjusted — through Aug 2026. It is refreshed monthly.

Median values, incomes, rents, housing stock and commutes come from the U.S. Census Bureau’s American Community Survey (ACS) 5-year estimates at ZIP Code Tabulation Area level. City and state figures are population-weighted averages of their ZIPs.

The Value Score (0–10) blends gross rental yield and price-to-income affordability. It is a value snapshot, not a forecast.

Mortgage figures assume 20% down and a 6.5% fixed 30-year loan, principal and interest only.

These are area-level statistics, not an appraisal of any individual property, and not financial advice.

Sources: U.S. Census ACS · Zillow ZHVI.