35005
Birmingham, Alabama
Birmingham 35005 needs watching.
The 35005 ZIP code in Birmingham, Alabama has a median sale price of $135K, down -12.8% year-over-year. Homes spend an average of 91 days on market, with 18% of homes selling above list price.
Folio's PropIQ™ score of 56 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 35005.
ZIP code 35005 is experiencing significant price compression, with the median sale price currently at $135,150, down 12.8% year-over-year. Homes are averaging 91 days on market, well above typical market velocity thresholds, indicating weak buyer demand. Only 18% of properties are selling above list price, confirming a decisive shift toward buyer leverage. The PropIQ™ intelligence score of 56 flags this market with a caution rating, reflecting underlying stress in pricing fundamentals and transaction momentum.
This environment favors cash buyers and value investors with extended timelines who can absorb the 91-day marketing period without financing pressure. Sellers face headwinds, particularly those requiring quick exits, as the 12.8% annual decline erodes equity positions. The 18% above-list metric suggests selective competition exists only for properly priced or distressed assets, making this unsuitable for speculative flips or sellers banking on appreciation. Buyers gain negotiating power from extended days on market and downward price trajectory.
The PropIQ score of 56 suggests continued softness through the next quarter, with price stabilization unlikely until days on market compress below 60 and above-list transactions exceed 25%. Monitor month-over-month inventory growth and foreclosure filings as leading indicators of further deterioration. The current -12.8% decline may decelerate if regional employment data strengthens, but mean reversion requires sustained demand improvement not yet evident in transaction velocity.
What is the median home price in 35005 Birmingham?
The median sale price in 35005 is $135K, down -12.8% year-over-year as of 2026-02-28.
How long do homes stay on the market in Birmingham 35005?
Homes in 35005 Birmingham spend an average of 91 days on market before going under contract.
Is Birmingham 35005 a good place to invest in real estate?
Folio's PropIQ™ score for 35005 is 56/100 — a Caution signal. 18% of homes sold above asking.
What does a PropIQ™ score of 56 mean for 35005?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 56 = Caution in 35005 Birmingham, Alabama.