Market Snapshot
- Median listing price
- $169K
- Median rent
- $899/mo
- Days on market
- 298 days
- Gross rental yield
- 6.38%
- STR vs LTR
- $1,553/mo STR · $899/mo LTR
The median listing price in Birmingham, AL ZIP 35234 is $169,000 as of June 2026.
The median market rent in Birmingham, AL ZIP 35234 is $899/month as of June 2026.
The median days on market in Birmingham, AL ZIP 35234 is 298 days as of June 2026. The market is currently neutral.
At a median list price of $169,000 and a median rent of $899/month, the gross rental yield in Birmingham, AL ZIP 35234 is 6.38% as of June 2026.
In Birmingham, AL ZIP 35234, median Airbnb revenue is $1,553/month compared to median long-term rent of $899/month as of June 2026.
Birmingham, AL 35234 Real Estate Market Report
ZIP Code: 35234
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
- median sold price $88,500 is the best indicator of recent transaction activity in ZIP 35234 and represents the most reliable signal of current market value given available data; use sold prices over listing prices when setting valuation or offer strategies.
- median listing price $169,000 sits substantially above the median sold price and may indicate a gap between seller expectations and completed transactions, which suggests cautious pricing adjustments or selective negotiation strategies for buyers and listing strategies for sellers.
- median days on market 298 points to slower sales velocity in the sample and appears to reflect extended time to close, so allow for longer lead times in transaction timelines and consider targeted marketing or pricing incentives to accelerate movement.
- median price per square foot 95 and median market rent $899 align with a market where both price and rent trends are up; however, elevated interest rate pressure and a neutral market temperature mean underwriting and affordability will remain key constraints for near-term transactions.
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 at market average
Sold above market average
Sold below market average
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, 6.50% rate, 1.1% 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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