Birmingham, AL 35207 Real Estate Market Report

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

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

Key Findings

1. The primary market value signal is the median sold price of 78,000, which anchors recent transaction activity and should be the focal point for valuation and underwriting decisions; current price direction is up on a year-over-year basis.
2. There is a notable spread between the median listing price of 99,900 and the median sold price of 78,000, which may indicate pricing friction where seller expectations exceed recent transaction levels and could slow deal execution if not adjusted.
3. Liquidity appears slower based on a median days on market of 285, which suggests extended time-to-contract and neutral market temperature dynamics that may favor buyers who are patient or require concessions.
4. Rental fundamentals are supportive for investors with a median market rent of 1,100 and rent year-over-year trend up, though elevated interest rate pressure at current 30‑year fixed mortgage averages of 6.54% (elevated) will increase financing costs and should be modeled into acquisition scenarios.

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.