Birmingham, AL 35214 Real Estate Market Report

ZIP Code: 35214
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: 35214) is characterized by a median sold price of $144,000, reflecting the actual transaction activity and indicating a stable market environment. The median listing price stands at $129,900, suggesting a notable pricing gap that may create some friction in negotiations. The market appears to be experiencing a neutral temperature, which indicates a balanced state where supply and demand are relatively aligned, although elevated inventory levels may suggest a more cautious approach from buyers.

The median days on market is notably high at 192 days, which points to slower sales velocity and may indicate that properties are taking longer to sell. This extended timeframe could be a result of elevated inventory levels, leading to excess supply relative to sales activity. Despite these challenges, the median market rent of $1,376 remains a key factor supporting demand, particularly for rental properties, as affordability continues to play a crucial role in the market dynamics.

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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 35214 area average around 5.86% APR, which is 0.86% lower than the 6.72% average seen one year ago in February 2025.

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 $144,000 indicates stable transaction activity, reflecting current market conditions.

2. With a median listing price of $129,900, there is a notable gap that may create pricing friction for sellers.

3. The median days on market of 192 days suggests slower sales velocity, indicating that properties are taking longer to sell.

4. Current market conditions are characterized by a neutral temperature, suggesting a balanced state between supply and demand.

5. The median market rent of $1,376 supports demand, highlighting the importance of affordability in the local 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.