Birmingham, AL 35207 Real Estate Market Report

ZIP Code: 35207
Report Date: April 2026
Market Temperature: COLD
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The Birmingham housing market in April 2026 shows a median sold price of $59,000, reflecting a market that has experienced a slight downward trend. This decline in sold prices may indicate a shift in buyer sentiment, as the market has decreased since previous periods. The median days on market stands at 183 days, suggesting a slower sales velocity and potentially elevated inventory levels relative to transaction activity.

With the median listing price at $60,500, there exists a noticeable gap between asking prices and actual sold prices, which may create pricing friction for sellers. The overall market temperature is characterized as cold, indicating a challenging environment for sellers amidst moderate interest rate pressure and a stable rental market with a median market rent of $1,376. This context suggests that while the rental sector remains stable, the housing market may require adjustments to align with current buyer expectations and economic conditions.

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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.

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Market Metrics

Note: 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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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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 6.57% compared to approximately 6.30% in early 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price is $59,000, reflecting a down trend in market values.

2. With a median days on market of 183, the market is experiencing slower sales velocity and prolonged listing durations.

3. The median listing price of $60,500 indicates a pricing gap that may lead to pricing friction for sellers.

4. The market temperature is classified as cold, suggesting a challenging environment for transactions.

5. The median market rent remains stable at $1,376, indicating a flat rental market amidst overall economic conditions.

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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.