Birmingham, AL 35214 Real Estate Market Report

ZIP Code: 35214
Report Date: February 2026
Market Temperature: HOT
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 $139,000, reflecting a stable market despite some recent fluctuations. The market has shown signs of resilience, with prices trending up year-over-year, indicating a potential for modest appreciation moving forward. This upward trajectory in sold prices is a critical indicator of market value and transaction activity, suggesting a favorable environment for sellers amidst ongoing economic adjustments.

Transaction activity appears moderate, with 196 median days on market, indicating slower sales velocity and a potential for pricing friction. The current inventory levels are described as elevated, with excess supply relative to sales activity. This condition may suggest that while buyers are adapting to elevated interest rates, the market remains competitive, leaning toward a seller's advantage due to the overall economic fundamentals supporting affordability and sustainable growth.

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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 Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Birmingham, AL market average around 6.13% as of February 2026, which is 0.78% lower than the 6.87% average seen one year prior.

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 $139,000 suggests a stable market with potential for modest appreciation.

2. With 196 median days on market, the market is experiencing slower sales velocity, indicating a need for pricing adjustments.

3. Current inventory levels are elevated, indicating excess supply relative to sales activity, which may impact future pricing dynamics.

4. The median listing price of $129,950 shows a notable gap compared to sold prices, suggesting potential pricing friction for sellers.

5. Overall, the market temperature is hot, reflecting a competitive environment despite elevated interest rate pressure.

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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.