Market Snapshot
- Median listing price
- $93K
- Median rent
- $1,095/mo
- Days on market
- 347 days
- Gross rental yield
- 14.14%
- STR vs LTR
- $1,155/mo STR · $1,095/mo LTR
The median listing price in Birmingham, AL ZIP 35208 is $92,900 as of June 2026.
The median market rent in Birmingham, AL ZIP 35208 is $1,095/month as of June 2026.
The median days on market in Birmingham, AL ZIP 35208 is 347 days as of June 2026. The market is currently cold.
At a median list price of $92,900 and a median rent of $1,095/month, the gross rental yield in Birmingham, AL ZIP 35208 is 14.14% as of June 2026.
In Birmingham, AL ZIP 35208, median Airbnb revenue is $1,155/month compared to median long-term rent of $1,095/month as of June 2026.
Birmingham, AL 35208 Real Estate Market Report
ZIP Code: 35208
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
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 the 35208 area average 6.6%, reflecting a stable market environment for property owners 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 primary market indicator is the median sold price of $85,500, which points to the current transaction-level market value and suggests a modestly softened price environment relative to listing expectations; flat price year-over-year supports stability rather than rapid appreciation.
- There is a notable gap between the median listing price of $92,900 and the median sold price of $85,500, which may indicate pricing friction and increased negotiation room for buyers given observed market behavior; cold market temperature reinforces seller concessions are more likely.
- Liquidity appears slow given a median days on market of 347, which should be interpreted as reduced transaction velocity and longer holding periods for sellers; elevated interest rate pressure and a local 30-year fixed average of 6.6% may be contributing to longer marketing times.
- Rental dynamics are weakening for investors: the median market rent of $1,095 combined with a rent year-over-year trend of down signals softer rental demand or downward pressure on rents, which may affect rental income assumptions for buy-and-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
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.
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, 1.6% 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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