Birmingham, AL 35222 Real Estate Market Report

ZIP Code: 35222
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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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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 35222 average 6.35%, reflecting a stable lending environment for property owners in this market compared to the 6.66% average observed earlier in 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, median sold price, is 395,000 and suggests that recent transactions support a modest upward pricing trend in the area; prices are trending up year-over-year, which supports using sold prices as the definitive market signal rather than asking prices.

2. There is a notable gap between the median sold price (395,000) and the median listing price (370,000) that may indicate pricing friction between seller expectations and closed transactions; this gap suggests careful offer strategies are warranted rather than assuming immediate acceptance of asking prices.

3. Market liquidity appears muted: the median days on market is 306, which points to slower sales velocity and suggests extended marketing timelines should be budgeted for when planning dispositions or acquisitions.

4. Fundamental market context is mixed but stable: price growth is reported as up and rent growth is reported as up, while market temperature is neutral and interest rate pressure is moderate; note that current 30-year fixed mortgage rates average 6.35%, compared with an earlier average of 6.66% in 2026, which may modestly ease financing conditions for buyers.

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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.

Birmingham, AL 35222 Real Estate Market Report

ZIP Code: 35222
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo 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 35222 average 6.35%, reflecting a stable lending environment for property owners in this market compared to the 6.66% average observed earlier in 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 neighborhood's primary market value indicator is the median sold price of $235,750, and with a median days on market of 349 this suggests slower sales velocity and potential pricing friction in recently completed transactions (based on a sample of 9 sold properties analyzed).

2. The price year-over-year trend is up while the market temperature is described as neutral, indicating modest appreciation without clear overheating or a pronounced directional imbalance.

3. The median market rent is $1,700 and rent year-over-year trend is up, which supports steady rental demand and may make buy-and-hold strategies relatively more predictable in income expectations.

4. Interest rate pressure is moderate, and current mortgage conditions note 30-year fixed rates averaging 6.35% versus 6.66% earlier in 2026, suggesting a stable lending environment that may slightly ease financing compared to earlier in the year.

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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.