35007
Birmingham, Alabama

The 35007 ZIP code reports a median sale price of $308,250 as of February 2026, reflecting a substantial 10.9% year-over-year appreciation that outpaces typical inflation-adjusted growth. Properties are averaging 76.5 days on market, indicating moderate inventory turnover rather than rapid absorption. Only 17% of homes are selling above list price, suggesting bidding competition exists but remains limited to select properties rather than reflecting across-the-board scarcity dynamics.

This environment favors patient buyers with financing secured who can capitalize on the 83% of properties selling at or below list price while still benefiting from forced appreciation through the double-digit year-over-year trend. Sellers with equity positions gained over the past 12 months face minimal pressure given the 76-day absorption rate, allowing time for proper pricing strategies. Buy-and-hold investors can underwrite the 10.9% appreciation into return models, though the 17% above-list metric indicates limited panic buying that could signal peak valuations.

The PropIQ score of 70 signals neutral conditions with watchlist status, suggesting the current appreciation rate may not sustain at 10.9% annually without corresponding demand catalysts. The 76-day market time provides a stability baseline to monitor—acceleration below 60 days would confirm tightening, while extension beyond 90 days would indicate cooling. The 17% above-list figure requires quarterly tracking as any decline below 10% typically precedes broader price corrections in secondary markets.