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Market Snapshot

Median listing price
$300K

The median listing price in Tuscaloosa, AL ZIP 35405 is $299,900 as of June 2026.

Median rent
$1,600/mo

The median market rent in Tuscaloosa, AL ZIP 35405 is $1,600/month as of June 2026.

Days on market
238 days

The median days on market in Tuscaloosa, AL ZIP 35405 is 238 days as of June 2026. The market is currently neutral.

Gross rental yield
6.40%

At a median list price of $299,900 and a median rent of $1,600/month, the gross rental yield in Tuscaloosa, AL ZIP 35405 is 6.40% as of June 2026.

Tuscaloosa, AL 35405 Real Estate Market Report

ZIP Code: 35405

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
115
Active Listings
54
Sold Properties
61

Market Metrics

Median Listing Price
$299,900
Median Sold Price
$237,000
Median Price per Sqft
$137/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
$1,600

Property Taxes

Property Tax Rate
0.36%

Liquidity & Velocity

Median Days on Market
238
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

Key Findings

  1. The primary market indicator is the median sold price of 237,000, which reflects recent transaction-level value and, with the price year-over-year trend reported as up, suggests continued modest appreciation in the neighborhood.
  2. There is a notable spread between the median listing price of 299,900 and the median sold price of 237,000, which may indicate pricing friction where seller expectations exceed realized transaction prices and could require negotiation or price adjustments to close deals.
  3. Liquidity appears muted given the median days on market of 238, which signals slower sales velocity and suggests that properties are taking substantially longer to transact than in faster-moving markets; sellers and investors should plan for extended marketing timelines.
  4. Valuation and rental context favor cautious investment: the median price per square foot is 137 while the median market rent is 1,600 and rents are reported as up, but elevated interest rate pressure (elevated) is likely to constrain buyer affordability and may temper near-term demand.

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

6522 Old Montgomery Hwy, Tuscaloosa, AL 35405
Top Sale

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

3 beds1 baths2,304 sqft
$777,000
Apr 1, 2026
$337/sqft/sqft
510 Jersey Dr, Tuscaloosa, AL 35405
Market Benchmark

Sold at market average

4 beds2 baths3,913 sqft
$525,000
May 1, 2026
$134/sqft/sqft
356 days on market
503 41st St, Tuscaloosa, AL 35405
Premium

Sold above market average

- beds1 baths1,170 sqft
$475,000
Mar 1, 2026
$406/sqft/sqft
14675 Griffin St, Tuscaloosa, AL 35405
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds1 baths1,685 sqft
$251,500
Apr 1, 2026
$149/sqft/sqft
182 days on market
2515 Linda Dr, Tuscaloosa, AL 35405
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds1 baths1,842 sqft
$250,000
Mar 1, 2026
$136/sqft/sqft
291 days on market
3737 Springhill Dr, Tuscaloosa, AL 35405
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,664 sqft
$250,000
Mar 1, 2026
$150/sqft/sqft
198 days on market
3800 3rd Ave E, Tuscaloosa, AL 35405
Value

Sold below market average

- beds1 baths1,120 sqft
$100,000
Apr 1, 2026
$89/sqft/sqft
5257 2nd Ct E, Tuscaloosa, AL 35405
Value

Sold below market average

3 beds1 baths1,813 sqft
$90,000
Apr 1, 2026
$50/sqft/sqft
98 days on market

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

$260/mo
35405 Avg Rent
35405 Cost to Own
Rent$1,600
Own$1,340

20% down, 6.50% rate, 0.4% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

35405 Avg nightly rate
35405 Avg occupancy (days/year)
Nightly rate$430/night
Occupancy79 of 365 days

Data Sources

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

Report generated: 6/1/2026

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