Birmingham, AL 35212 Real Estate Market Report

ZIP Code: 35212
Report Date: May 2026
Market Temperature: NEUTRAL
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.

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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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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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.

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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 6.35%, reflecting a slight decrease from the 6.57% average observed earlier in 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. median sold price: $275,000 is the best indicator of recent market value and suggests modest appreciation against local asking expectations; the gap with median listing price: $198,750 may indicate pricing friction where sellers' expectations differ from completed transaction prices, so underwriters and investors should prioritize comparable solds over active asks when setting offer strategy. balanced to slightly warm conditions

2. The market shows slow liquidity with median days on market: 287, which appears consistent with a cooling in transaction velocity and may indicate increased time needed to negotiate and close deals, so allow longer marketing and contingency windows in your timelines. slower sales velocity

3. Price direction remains positive as indicated by the reported year-over-year trend with price year-over-year trend: up and rents also rising with rent year-over-year trend: up, supporting a cautious buy-and-hold thesis for rental-focused investors who value rental income growth alongside price appreciation. up

4. Financing and macro considerations merit caution: interest rate pressure: elevated and local mortgage pricing near 6.35% for a 30-year fixed suggests higher carrying costs that may compress buyer affordability and negotiation leverage; underwrite deals to current rate levels and stress-test cashflow assumptions. elevated interest rate pressure

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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.