Market Snapshot
- Median listing price
- $117K
- Median rent
- $1,075/mo
- Days on market
- 36 days
- Gross rental yield
- 10.98%
- STR vs LTR
- $1,559/mo STR · $1,075/mo LTR
The median listing price in Birmingham, AL ZIP 35206 is $117,450 as of October 2026.
The median market rent in Birmingham, AL ZIP 35206 is $1,075/month as of October 2026.
The median days on market in Birmingham, AL ZIP 35206 is 36 days as of October 2026. The market is currently neutral.
At a median list price of $117,450 and a median rent of $1,075/month, the gross rental yield in Birmingham, AL ZIP 35206 is 10.98% as of October 2026.
In Birmingham, AL ZIP 35206, median Airbnb revenue is $1,559/month compared to median long-term rent of $1,075/month as of October 2026.
Birmingham, AL 35206 Real Estate Market Report
ZIP Code: 35206
Report Date: October 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Birmingham, AL are 7.22%, reflecting a sustained high-rate environment for property owners in this market compared to earlier 2026 levels.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- median sold price: $95,000 — The median sold price is the primary indicator of recent transaction value in 35206; with the market price year-over-year trend listed as down, this suggests realized sale levels are under pressure compared with prior periods.
- median listing price: $117,450 — The median listing price sits above the median sold price, which may indicate pricing friction where seller expectations exceed recent transaction levels and could be contributing to slower deal closure or longer negotiation cycles.
- median days on market: 36 — A median days on market of 36 reflects longer listing durations compared with the prior period of intense competition and appears consistent with a neutral market temperature, implying moderate transaction velocity rather than rapid turnover.
- median market rent: $1,075 — Median market rent is reported as $1,075 while rent year-over-year trend is up, indicating rental income strength that may support owner-occupier demand or investor interest despite softening sale prices.
- interest rate pressure: elevated (30-year fixed ~7.22%) — Elevated interest rate pressure, with current 30-year fixed mortgage rates reported at 7.22%, is a negative signal (elevated) that likely constrains buyer purchasing power and contributes to the downwards price trend and increased price sensitivity among buyers.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Quick sale indicating strong buyer demand and competitive market conditions.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Below-market acquisition. Investor purchase with value-add potential through renovation.
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 7.28% rate, 1.1% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 10/1/2026
Get personalized market intelligence
View property-level details in Birmingham, AL get valuations, rent estimates, operating costs, and pro-forma insights.