Birmingham, AL 35212 Real Estate Market Report

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

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Executive Overview

As of March 2026, the Birmingham, AL (ZIP: 35212) market is characterized by a median sold price of $264,280, reflecting a cooling trend in home values. The market has seen a down trend in prices year-over-year, indicating a shift in buyer sentiment and market dynamics. With median days on market stretching to 288 days, this suggests slower sales velocity and a potential oversupply of homes relative to demand.

The current median listing price stands at $207,450, which presents a notable gap compared to the sold price, indicating potential pricing friction as sellers adjust expectations to align with market realities. Elevated inventory levels are contributing to a neutral market temperature, suggesting that while buyers have more options, the overall transaction volume remains moderate, reflecting a cautious approach from both buyers and sellers.

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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 the Birmingham AL 35212 market average around 6.37% to 6.65%, which is slightly lower than the 6.5% to 7% range seen earlier in 2026, presenting a marginal cost opportunity for new financing.

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 $264,280 indicates a market under pressure, with prices trending down year-over-year.

2. The median days on market of 288 days suggests a slower sales velocity and potential buyer hesitance in the current market.

3. The median listing price of $207,450 shows a significant gap from sold prices, indicating pricing friction as sellers may need to adjust expectations.

4. The median market rent of $1,376 remains attractive to investors, despite a down trend in rents year-over-year.

5. Elevated inventory levels relative to sales activity suggest a neutral market temperature, with moderate transaction volume and balanced conditions.

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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.