Birmingham, AL 35212 Real Estate Market Report

ZIP Code: 35212
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Birmingham, AL (ZIP: 35212) is characterized by a median sold price of $273,500, reflecting a stable market environment. This price indicates a healthy demand for properties, despite the median listing price of $202,500, which suggests some pricing friction between seller expectations and market realities. The neighborhood has seen an upward price trend, although specific historical price change data is not available to quantify this movement.

Market activity appears to be stabilizing, with 211 days on market indicating a slower sales velocity. Elevated inventory levels relative to sales activity suggest a balanced market, where buyers have more options, yet sellers still retain a slight advantage due to limited overall supply. The median market rent stands at $1,376, further supporting the attractiveness of the area for relocating buyers, bolstered by wage growth and favorable mortgage rates, which are currently around 5.875%.

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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

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 35212 are near 5.875% compared to the 2026 average of 6.95% for loans originated earlier in the year, indicating a favorable market shift for refinancing.

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 of $273,500 indicates a strong demand for properties in the area, despite a median listing price of $202,500 suggesting some pricing friction.

2. With 211 days on market, the market is experiencing slower sales velocity, indicating a potential shift towards a more balanced transaction environment.

3. Elevated inventory levels suggest excess supply relative to sales activity, which may provide buyers with more negotiating power.

4. The median market rent of $1,376 reflects ongoing demand for rental properties, supported by wage growth in the region.

5. Current mortgage rates at 5.875% are favorable for refinancing, potentially stimulating more activity in the market.

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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.