Market Snapshot
- Median listing price
- $85K
- Median rent
- $1,095/mo
- Days on market
- 341 days
- Gross rental yield
- 15.46%
- STR vs LTR
- $1,568/mo STR · $1,095/mo LTR
The median listing price in Birmingham, AL ZIP 35228 is $85,000 as of June 2026.
The median market rent in Birmingham, AL ZIP 35228 is $1,095/month as of June 2026.
The median days on market in Birmingham, AL ZIP 35228 is 341 days as of June 2026. The market is currently neutral.
At a median list price of $85,000 and a median rent of $1,095/month, the gross rental yield in Birmingham, AL ZIP 35228 is 15.46% as of June 2026.
In Birmingham, AL ZIP 35228, median Airbnb revenue is $1,568/month compared to median long-term rent of $1,095/month as of June 2026.
Birmingham, AL 35228 Real Estate Market Report
ZIP Code: 35228
Report Date: June 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
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.
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.
Key Findings
- The primary indicator of market value is the median sold price: $73,000, which reflects actual transaction levels and should be used over asking prices when setting comps and underwriting offers. use sold-price comps.
- Listing and sale divergence is notable: the median listing price is $85,000 while the median sold price is $73,000, which suggests seller expectations exceed recent transaction prices and may create pricing friction that buyers can exploit in negotiations.
- Market velocity appears slow: the median days on market is 341, indicating extended time-to-contract and overall slower sales velocity; combined with a neutral market temperature this suggests a balanced but patient market where pricing and condition will drive outcomes. stable market temperature
- Rental and valuation context: the median market rent is $1,095 alongside a median price per square foot of 72.37; with rent year-over-year trend reported as up, rental demand appears supportive, but elevated interest rate pressure may damp buyer affordability and slow transaction activity. rent up elevated
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 above market average
Sold above market average
Sold below market average
Sold at market average
Sold at market average
Sold below market average
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, 6.50% rate, 1.3% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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