Market Snapshot
- Median listing price
- $695K
- Median rent
- $2,195/mo
- Days on market
- 143 days
- Gross rental yield
- 3.79%
- STR vs LTR
- $1,674/mo STR · $2,195/mo LTR
The median listing price in Birmingham, AL ZIP 35242 is $694,500 as of June 2026.
The median market rent in Birmingham, AL ZIP 35242 is $2,195/month as of June 2026.
The median days on market in Birmingham, AL ZIP 35242 is 143 days as of June 2026. The market is currently neutral.
At a median list price of $694,500 and a median rent of $2,195/month, the gross rental yield in Birmingham, AL ZIP 35242 is 3.79% as of June 2026.
In Birmingham, AL ZIP 35242, median Airbnb revenue is $1,674/month compared to median long-term rent of $2,195/month as of June 2026.
Birmingham, AL 35242 Real Estate Market Report
ZIP Code: 35242
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
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.
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
- 469,000 is the primary indicator of current market value — the median sold price suggests recent transaction activity centers near this level and supports the view of modest appreciation in the market. balanced transaction evidence
- 469,000 vs. 694,500 highlights a meaningful gap between median sold price and median listing price, which may indicate seller pricing optimism or a selection of higher-priced asking stock relative to what buyers are transacting for; monitor listing-to-sale convergence for signs of pricing friction. pricing gap
- 143 median days on market points to slower sales velocity compared with faster-turning markets, which may reflect deliberate buyer selection or negotiation periods rather than acute distress; expect liquidity to remain moderate under current conditions. longer market exposure
- 201 median price per square foot coupled with upward rent trends and a median market rent of 2,195 supports continued interest from both owner-occupiers and renters, while elevated interest rate pressure may temper buyer affordability and transaction urgency. elevated interest rate pressure
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.
Quick sale indicating strong buyer demand and competitive market conditions.
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, 0.4% 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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