Birmingham, AL 35235 Real Estate Market Report
ZIP Code: 35235
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.
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
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.
Rental Market
Property Taxes
Liquidity & Velocity
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
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The primary market indicator is the median sold price of $180,000, which represents the most reliable measure of realized value and recent transaction activity in 35235; sellers appear to be listing at a higher level (median listing price $194,900), which may indicate pricing friction between asking expectations and completed sales.
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Liquidity appears muted: the median days on market is 242, which suggests slower sales velocity and that transactions may take longer to close than in faster-moving markets; this extended market time may require sellers to price more competitively or offer concessions to accelerate closings.
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Inventory conditions in the analyzed sample are described as a relatively constrained active supply, which, together with a market temperature assessed as neutral, suggests a generally balanced market where modest price appreciation is possible but not guaranteed.
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Rents and macro pressures show mixed signals: the median market rent is $1,480 with rent year-over-year trend up, supporting investor interest in rental demand, while interest rate pressure is elevated, which may dampen buyer affordability and slow purchase demand despite improving rent dynamics.
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
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
Sold below market average
Birmingham, AL 35235 Real Estate Market Report
ZIP Code: 35235
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.
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
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.
Rental Market
Property Taxes
Liquidity & Velocity
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
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The neighborhood's primary valuation indicator is the median sold price of $97,500 based on 21 analyzed sales, which represents a representative recent sale level and should be used to set realistic pricing expectations for sellers and appraisals (use actual transaction data).
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Price momentum shows a clear signal: the year-over-year price trend is up, which, combined with the median price per square foot of $116, suggests modest appreciation and supports cautious upward listing strategies for competitively positioned homes (up).
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Market liquidity appears balanced: the market temperature is neutral, indicating neither pronounced seller nor buyer control; this suggests balanced pricing strategies and that small pricing or condition advantages may determine offer outcomes rather than broad market pressure.
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Financial and rental context is mixed for investors and buyers: the median market rent is $1,480 and rent year-over-year trend is up, indicating strengthening rental income potential, but elevated interest rate pressure is elevated, which may dampen purchase affordability and slow buyer conversion—consider financing sensitivity in valuation and hold-period planning (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 above market average
Sold above market average
Sold below market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.5% 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: 5/1/2026
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