Birmingham, AL 35235 Real Estate Market Report

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

Key Findings

1. The neighborhood’s primary value signal is the median sold price of 155,000, which indicates recent transaction-level pricing and suggests stable market value relative to asking behavior.
2. There is a meaningful spread between the median listing price of 185,000 and the median sold price of 155,000, which may indicate pricing friction or seller expectations that are above what transactions are achieving.
3. Market velocity appears slow based on the median days on market of 256, which suggests slower sales velocity and that buyers may have greater time to evaluate listings despite a market temperature described as neutral.
4. Supply and demand context shows balanced to constrained supply signals in the analyzed sample alongside a median price per square foot of 122 and a median market rent of 1,450; with price trends up and rent trends up, elevated interest rate pressure (elevated) may be the primary headwind for affordability and near-term transaction growth.

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.