Birmingham, AL 35214 Real Estate Market Report

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.

Market Metrics

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

Property Taxes

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.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The neighborhood's primary market indicator is the median sold price of 128,000, which anchors recent transaction-based value and serves as the most reliable signal of realized pricing; representative recent sale provides the clearest benchmark for appraisals and comparable analysis.
2. There is a noticeable spread between the median listing price of 110,000 and the median sold price of 128,000, which suggests listing expectations are different from executed sale levels and may indicate pricing friction between sellers and buyers that agents should address when positioning homes for contract.
3. Market velocity appears slow based on the median days on market of 312, which suggests slower sales velocity and longer holding periods; this may necessitate staged pricing strategies or targeted marketing to accelerate transactions.
4. Interest rate pressure is elevated: the dataset flags interest rate pressure elevated and notes that current 30-year fixed mortgage rates in Birmingham, AL are averaging approximately 6.5% as of June 2026, which may reinforce homeowner lock-in and contribute to a relatively constrained active supply environment; elevated rates should be incorporated into buyer affordability and pricing conversations.

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.