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Market Snapshot

Median listing price
$117K

The median listing price in Birmingham, AL ZIP 35211 is $117,450 as of July 2026.

Median rent
$1,150/mo

The median market rent in Birmingham, AL ZIP 35211 is $1,150/month as of July 2026.

Days on market
511 days

The median days on market in Birmingham, AL ZIP 35211 is 511 days as of July 2026. The market is currently cold.

Gross rental yield
11.75%

At a median list price of $117,450 and a median rent of $1,150/month, the gross rental yield in Birmingham, AL ZIP 35211 is 11.75% as of July 2026.

STR vs LTR
$1,963/mo STR · $1,150/mo LTR

In Birmingham, AL ZIP 35211, median Airbnb revenue is $1,963/month compared to median long-term rent of $1,150/month as of July 2026.

Birmingham, AL 35211 Real Estate Market Report

ZIP Code: 35211

Report Date: July 2026

Market Temperature:
COLD

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.

Analysis Window
90 Days
Total Properties Analyzed
88
Active Listings
34
Sold Properties
54

Market Metrics

Median Listing Price
$117,450
Median Sold Price
$102,000
Median Price per Sqft
$88/sqft

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

Median Market Rent
$1,150

Property Taxes

Property Tax Rate
0.95%

Liquidity & Velocity

Median Days on Market
511
Sale-to-List Ratio
100.0%

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

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.

Price YoY Trend
down
Market Temperature
cold
Rent YoY Trend
down
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Birmingham, AL are approximately 6.49% to 6.88%, reflecting a higher interest rate environment compared to earlier 2026 levels.

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 indicator, the $102,000 median sold price, shows current transaction-level value that, when viewed alongside the $117,450 median listing price, suggests a meaningful gap between asking and achieved prices and may indicate pricing friction or seller concession pressure.
  2. The market exhibits slower liquidity: the median days on market of 511 points to prolonged time-to-contract and cold market dynamics, which appears to align with the observed down price trend.
  3. Inventory posture in the sample reads as relatively constrained active supply but slower turnover, which, combined with prolonged market times and the listing/sold price gap, suggests sellers should expect extended marketing periods and buyers may secure concessions.
  4. Macro and demand-side headwinds are evident: rent performance is weak with a $1,150 median market rent and a down rent year-over-year trend, while financing pressure is acute—current 30-year fixed mortgage rates of 6.49% to 6.88% and elevated interest rate pressure are likely to further suppress buyer affordability and transaction velocity.

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

138 Grove Dr, Birmingham, AL 35211
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds3 baths968 sqft
$412,500
May 1, 2026
$426/sqft
3956 Sydney Trl, Birmingham, AL 35211
Premium

Sold above market average

3 beds2 baths1,463 sqft
$390,000
Jun 1, 2026
$267/sqft
105 days on market
3954 Sydney Trl, Birmingham, AL 35211
Premium

Sold above market average

3 beds2 baths1,463 sqft
$389,900
Apr 1, 2026
$267/sqft
840 days on market
1305 15th Pl Sw, Birmingham, AL 35211
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds1 baths1,680 sqft
$110,200
May 1, 2026
$66/sqft
2816 Snavely Ave Sw, Birmingham, AL 35211
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds1 baths864 sqft
$110,000
Jun 1, 2026
$127/sqft
1471 days on market
1236 18th St Sw, Birmingham, AL 35211
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,270 sqft
$107,500
Jun 1, 2026
$85/sqft
156 days on market
501 5th St Sw, Birmingham, AL 35211
Value

Below-market acquisition. Investor purchase with value-add potential through renovation.

3 beds1 baths1,537 sqft
$65,000
May 1, 2026
$42/sqft
28 days on market
1816 Saint Charles Ave Sw, Birmingham, AL 35211
Value

Sold below market average

3 beds1 baths1,395 sqft
$53,000
Apr 1, 2026
$38/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$524/mo
35211 Avg Rent
35211 Cost to Own
Rent$1,150
Own$626

20% down, 6.49% rate, 0.9% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

35211 Avg nightly rate
35211 Avg occupancy (days/year)
Nightly rate$167/night
Occupancy208 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 7/10/2026

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