Market Snapshot
- Median listing price
- $115K
- Median rent
- $975/mo
- Days on market
- 18 days
- Gross rental yield
- 10.18%
- STR vs LTR
- $1,332/mo STR · $975/mo LTR
The median listing price in Birmingham, AL ZIP 35206 is $114,950 as of August 2026.
The median market rent in Birmingham, AL ZIP 35206 is $975/month as of August 2026.
The median days on market in Birmingham, AL ZIP 35206 is 18 days as of August 2026. The market is currently neutral.
At a median list price of $114,950 and a median rent of $975/month, the gross rental yield in Birmingham, AL ZIP 35206 is 10.18% as of August 2026.
In Birmingham, AL ZIP 35206, median Airbnb revenue is $1,332/month compared to median long-term rent of $975/month as of August 2026.
Birmingham, AL 35206 Real Estate Market Report
ZIP Code: 35206
Report Date: August 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 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 approximately 6.8%, reflecting a period where market rates remain elevated compared to earlier 2026 benchmarks.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The neighborhood's median sold price is 93,000, which serves as the primary indicator of market value and recent transaction activity; given the gap versus the median listing price of 114,950, sellers appear to be listing above recent sale levels and this pricing gap may indicate negotiation room for buyers.
- Liquidity appears moderate: the median days on market is 18, which suggests relatively brisk turnover but, combined with elevated inventory relative to sales activity, may give buyers increased negotiation leverage.
- Price momentum is flat year-over-year (price year-over-year trend: flat) while rental pressure is increasing — median market rent is 975 — indicating rents are rising even as sale prices remain stable.
- Interest rate pressure is elevated and current 30-year fixed mortgage rates in Birmingham are approximately 6.8%, which may constrain buying power and temper upward pressure on the neighborhood median sold price of 93,000.
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.
Quick sale indicating strong buyer demand and competitive market conditions.
Sold at market average
Sold at 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, 6.65% 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: 8/24/2026
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