Mountain Brk, AL 35213 Real Estate Market Report

ZIP Code: 35213
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

The real estate market in Mountain Brook, AL is currently characterized by a strong median sold price of $739,000, reflecting a robust demand and significant appreciation in property values. This market has shown an upward trend, with prices increasing, indicating a healthy environment for sellers. The median listing price stands at $494,450, suggesting a notable gap between asking prices and actual sales, which may indicate seller expectations that are not fully aligned with market realities.

Transaction activity appears to be moderate, with homes taking a substantial 258 days on market. This extended timeframe may suggest slower sales velocity, despite the elevated demand indicated by the sold prices. The market temperature is classified as hot, driven by high buyer interest and relatively constrained active supply, which contributes to the competitive landscape for buyers. However, the median price per square foot is $360.43, which may also reflect the ongoing pressure on affordability due to moderate interest rate levels averaging 6.57% for 30-year fixed mortgages, slightly above the early 2026 average of 6.20%.

---

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

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 Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Mountain Brk AL are averaging 6.57%, which is 0.37% higher than the average rate of 6.20% seen in early 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

---

Key Findings

1. The median sold price of $739,000 indicates strong demand and price appreciation in Mountain Brook.

2. With a median listing price of $494,450, there is a significant gap that may suggest pricing friction between seller expectations and market reality.

3. Homes are spending an average of 258 days on market, reflecting a slower sales velocity despite the hot market conditions.

4. The median price per square foot is $360.43, which contributes to ongoing affordability challenges in the area.

5. Current mortgage rates at 6.57% are moderate, potentially impacting buyer purchasing power and overall market activity.

---

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.