Market Snapshot
- Median listing price
- $125K
- Median rent
- $995/mo
- Days on market
- 6 days
- Gross rental yield
- 9.55%
- STR vs LTR
- $1,167/mo STR · $995/mo LTR
The median listing price in Birmingham, AL ZIP 35206 is $125,000 as of July 2026.
The median market rent in Birmingham, AL ZIP 35206 is $995/month as of July 2026.
The median days on market in Birmingham, AL ZIP 35206 is 6 days as of July 2026. The market is currently cold.
At a median list price of $125,000 and a median rent of $995/month, the gross rental yield in Birmingham, AL ZIP 35206 is 9.55% as of July 2026.
In Birmingham, AL ZIP 35206, median Airbnb revenue is $1,167/month compared to median long-term rent of $995/month as of July 2026.
Birmingham, AL 35206 Real Estate Market Report
ZIP Code: 35206
Report Date: July 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
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 6.6% compared to the 6.0% average observed earlier in 2026, indicating that property owners in this market currently hold more favorable financing than what is available today.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The median sold price is 111,000, which should be treated as the primary indicator of current market value and recent transaction activity in 35206 and anchors pricing expectations for both single-family residential and condominium segments.
- A gap between the median listing price of 125,000 and the median sold price of 111,000 suggests pricing friction where seller expectations exceed recent transaction levels, a dynamic consistent with the down year-over-year price trend.
- The median days on market of 6 may indicate that competitively priced properties still achieve relatively quick closings, even as broader conditions point to a cold market temperature—suggesting selective buyer activity and pricing sensitivity.
- The median market rent of 995 combined with a flat rent trend and elevated interest rate pressure may constrain investor demand and limit near-term upside for rental-driven purchases, reinforcing cautious buyer behavior.
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, 6.49% 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: 7/16/2026
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