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Market Snapshot

Median listing price
$315K

The median listing price in Tuscaloosa, AL ZIP 35404 is $315,000 as of June 2026.

Median rent
$1,297/mo

The median market rent in Tuscaloosa, AL ZIP 35404 is $1,297/month as of June 2026.

Days on market
326 days

The median days on market in Tuscaloosa, AL ZIP 35404 is 326 days as of June 2026. The market is currently neutral.

Gross rental yield
4.94%

At a median list price of $315,000 and a median rent of $1,297/month, the gross rental yield in Tuscaloosa, AL ZIP 35404 is 4.94% as of June 2026.

STR vs LTR
$1,799/mo STR · $1,297/mo LTR

In Tuscaloosa, AL ZIP 35404, median Airbnb revenue is $1,799/month compared to median long-term rent of $1,297/month as of June 2026.

Tuscaloosa, AL 35404 Real Estate Market Report

ZIP Code: 35404

Report Date: June 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.

Analysis Window
90 Days
Total Properties Analyzed
71
Active Listings
23
Sold Properties
48

Market Metrics

Median Listing Price
$315,000
Median Sold Price
$160,000
Median Price per Sqft
$129/sqft

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

Median Market Rent
$1,297

Property Taxes

Property Tax Rate
0.42%

Liquidity & Velocity

Median Days on Market
326
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Tuscaloosa, AL, are averaging approximately 6.6%, reflecting a stable but elevated interest rate environment for property owners in this market compared to earlier 2026 benchmarks.

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


Key Findings

  1. The market's primary indicator, median sold price, is $160,000; this represents the most reliable signal of recent transaction value and suggests realized pricing is materially below asking levels in parts of the ZIP code. contextual
  2. Median listing price sits at $315,000, creating a notable gap versus the median sold price that may indicate pricing friction between seller expectations and recent transaction prices—this gap appears to be contributing to slower sales velocity.
  3. Median days on market is 326, which signals substantially slower transaction turnover and suggests listings are taking considerably longer to convert to sales; this long duration may reflect buyers' sensitivity to elevated financing costs and the current offer-ask disconnect. neutral
  4. Price year-over-year trend is up while market temperature is neutral and interest rate pressure is elevated; together these metrics suggest prices are rising but the pace of transactions is balanced rather than hot, and rising financing costs (elevated) may cap near-term buyer participation. up

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

234 The Highlands, Tuscaloosa, AL 35404
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

5 beds1 baths3,661 sqft
$1,175,000
Mar 1, 2026
$321/sqft/sqft
197 days on market
1312 12th St E, Tuscaloosa, AL 35404
Premium

Sold above market average

2 beds2 baths1,224 sqft
$425,000
May 1, 2026
$347/sqft/sqft
388 days on market
3010 Freemont Dr, Tuscaloosa, AL 35404
Premium

Sold above market average

4 beds2 baths2,614 sqft
$393,000
May 1, 2026
$150/sqft/sqft
336 days on market
5013 14th St E, Tuscaloosa, AL 35404
Value

Sold below market average

- beds1 baths1,948 sqft
$200,000
Apr 1, 2026
$103/sqft/sqft
140 25th Ave E, Tuscaloosa, AL 35404
Market Benchmark

Sold at market average

3 beds1 baths1,600 sqft
$199,000
May 1, 2026
$124/sqft/sqft
214 days on market
37 Beech Hls, Tuscaloosa, AL 35404
Market Benchmark

Sold at market average

2 beds1 baths1,435 sqft
$196,000
Apr 1, 2026
$137/sqft/sqft
257 days on market
3413 Camp St Ne, Tuscaloosa, AL 35404
Value

Sold below market average

- beds1 baths950 sqft
$76,800
Apr 1, 2026
$81/sqft/sqft
3405 Maple St Ne, Tuscaloosa, AL 35404
Value

Sold below market average

- beds1 baths1,178 sqft
$75,000
Apr 1, 2026
$64/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$382/mo
35404 Avg Rent
35404 Cost to Own
Rent$1,297
Own$915

20% down, 6.53% rate, 0.4% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

35404 Avg nightly rate
35404 Avg occupancy (days/year)
Nightly rate$285/night
Occupancy53 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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