35023, Bessemer, AL

Bessemer, AL is located in Jefferson County and has a population of just over 30,000 people. The median household income in the 35023 zip code is just over $50,000 and the median home value is just over $150,000. Bessemer has seen a significant increase in home equity values over the past few years, with prices increasing by an average of 12% between 2013 and 2016. This trend is likely to continue as more people move into the area and invest in property here.

There are a number of reasons why home equity values have increased so much in Bessemer. Firstly, there is a high demand for property here due to its close proximity to Birmingham and other major cities. Secondly, there are plenty of new homes being built in Bessemer which means that there is always potential for further price growth. And finally, many people who live in Bessemer have taken advantage of low interest rates to borrow money against their home equity to finance other expenses or retirement savings. As long as these conditions continue, it's likely that home equity values will continue to rise in Bessemer.