Birmingham, AL 35213 Real Estate Market Report

ZIP Code: 35213
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 6.38%, reflecting the prevailing market environment for property owners in this area throughout 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. The median sold price is $749,450, which should be treated as the primary indicator of realized market value and recent transaction activity in this ZIP code; up price momentum year-over-year supports modest appreciation.

2. The median listing price is $439,900, creating a notable divergence between asking and realized prices that may indicate pricing friction or a mix of property conditions and seller expectations rather than a pure market-driving trend.

3. The median days on market is 274, which signals slower sales velocity and suggests transactions are taking longer to close; this slower pace may indicate cautious buyer behavior or the need for clearer pricing alignment.

4. Market context: rent trends are up and the market temperature is neutral, while interest rate pressure is elevated (current 30-year fixed ~6.38%); together these factors suggest stable pricing with constrained upside absent a decline in rates, and that investors should weigh financing cost pressure against rental growth when assessing acquisitions.

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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.

Birmingham, AL 35213 Real Estate Market Report

ZIP Code: 35213
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo 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

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Property Taxes

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Liquidity & Velocity

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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 6.38%, reflecting the prevailing market environment for property owners in this area throughout 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. The primary market indicator is the median sold price of 326,500, which, combined with a up price year-over-year trend, suggests recent transaction prices are appreciating and sellers can expect modest positive pricing momentum.

2. The median price per square foot is 230, and with a neutral market temperature this points to measured pricing power—agents should align list strategies to comparable solds to avoid pricing friction.

3. Liquidity appears to reflect moderate transaction velocity; given the market context and sample-based analysis, expect balanced sales activity where pricing gaps may prolong market time if sellers overprice.

4. Rental fundamentals show a median market rent of 1,900 with a up rent trend, but elevated interest rate pressure (current 30-year fixed mortgage rates approximately 6.38%) may constrain buyer affordability—investors should underwrite with conservative financing assumptions.

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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.