Birmingham, AL 35214 Real Estate Market Report

ZIP Code: 35214
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

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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 6.38%, which is 0.29% higher than the 6.09% average observed in early 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 indicator of market value is the median sold price of $141,500, which reflects recent completed transactions and—when compared with the median listing price of $129,900—suggests upward pressure on final sale prices rather than softening seller expectations.

2. The neighborhood exhibits slower sales velocity, with a median days on market of 303, which may indicate extended negotiation cycles and pricing friction for some listings.

3. Price year-over-year trend is up while rent year-over-year trend is up, and the market temperature is neutral, signaling balanced conditions with modest appreciation; note that interest rate pressure is moderate, and Current 30-year fixed mortgage rates in Birmingham, AL are 6.38%, which is 0.29% higher than the 6.09% average observed in early 2026.

4. The analyzed sample shows elevated inventory relative to sales activity, which may indicate excess supply relative to sales and could temper near-term price momentum despite modest appreciation and strengthening rents.

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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.