Market Snapshot
- Median listing price
- $150K
- Median rent
- $1,295/mo
- Days on market
- 64 days
- Gross rental yield
- 10.38%
The median listing price in Birmingham, AL ZIP 35215 is $149,700 as of July 2026.
The median market rent in Birmingham, AL ZIP 35215 is $1,295/month as of July 2026.
The median days on market in Birmingham, AL ZIP 35215 is 64 days as of July 2026. The market is currently cold.
At a median list price of $149,700 and a median rent of $1,295/month, the gross rental yield in Birmingham, AL ZIP 35215 is 10.38% as of July 2026.
Birmingham, AL 35215 Real Estate Market Report
ZIP Code: 35215
Report Date: July 2026
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.
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
Market Trends & Context
Understanding Market Temperature
A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels 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 averaging 6.60%, which is 0.61% higher than the 5.99% rates observed in early 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- median sold price $141,000 is the primary indicator of recent transaction activity and suggests the neighborhood's realized market value is modestly below asking levels; the gap between median listing price and median sold price may indicate pricing friction as sellers adjust toward market-clearing levels.
- median days on market 64 points to slower sales velocity relative to hotter markets and suggests longer listing periods before sale, which may increase negotiating leverage for buyers while posing timing risks for sellers.
- median market rent $1,295 combined with a median price per square foot $105 signals rising rental demand (rent year-over-year trend: up), making rental income a growing component of property value for investors evaluating cash-flow potential.
- Market-level signals show a cold market temperature with price year-over-year trend flat and elevated interest rate pressure (current 30-year fixed rates around 6.60%, ~0.61% higher than early 2026), which together suggest cautious buyer responsiveness and increased emphasis on affordability in buyer negotiations.
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.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold at market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.49% rate, 0.8% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 7/10/2026
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