Median real estate price in the City Center of Birmingham is $321,424, which is more expensive than 97.3% of the neighborhoods in Alabama and 74.3% of the neighborhoods in the U.S.
The average rental price in Birmingham City Center is currently $1,204, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.2% of the neighborhoods in Alabama.
Birmingham City Center is a suburban neighborhood (based on population density) located in Birmingham, Alabama.
Real estate in the City Center of Birmingham, AL is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the City Center neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Birmingham City Center. The current real estate vacancy rate here is 19.5%. This is higher than the rate of vacancies in 84.3% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.