Market Snapshot
- Median listing price
- $120K
- Median rent
- $1,050/mo
- Days on market
- 311 days
- Gross rental yield
- 10.50%
- STR vs LTR
- $1,906/mo STR · $1,050/mo LTR
The median listing price in Birmingham, AL ZIP 35206 is $120,000 as of June 2026.
The median market rent in Birmingham, AL ZIP 35206 is $1,050/month as of June 2026.
The median days on market in Birmingham, AL ZIP 35206 is 311 days as of June 2026. The market is currently cold.
At a median list price of $120,000 and a median rent of $1,050/month, the gross rental yield in Birmingham, AL ZIP 35206 is 10.50% as of June 2026.
In Birmingham, AL ZIP 35206, median Airbnb revenue is $1,906/month compared to median long-term rent of $1,050/month as of June 2026.
Birmingham, AL 35206 Real Estate Market Report
ZIP Code: 35206
Report Date: June 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 Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels 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 averaging approximately 6.60%, reflecting a period of elevated borrowing costs 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
- The primary market signal is the median sold price of 79,500, which anchors realized value in the area and, combined with a cold market temperature, suggests downward price momentum consistent with the reported price year-over-year trend of down.
- There is a notable gap between the median listing price of 120,000 and realized transactions; this pricing spread may indicate pricing friction where seller expectations exceed recent sale outcomes and could prolong time to close.
- Market liquidity is slow: the median days on market of 311 indicates extended marketing periods and slower sales velocity, which appears consistent with a cold market and elevated interest rate pressure.
- Operational metrics show mixed signals for investors: the median price per square foot of 90.97 and the median market rent of 1,050 are available for comp work, while financing costs remain elevated (current 30-year fixed mortgage rates averaging approximately 6.60%), creating higher carrying costs that may compress investor yields; note that rent is trending up while prices are trending down, which may influence short-term hold strategies.
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
Sold above market average
Sold above market average
Sold at market average
Sold above market average
Sold below market average
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, 6.53% 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: 6/1/2026
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