35043
Birmingham, Alabama
Birmingham 35043 needs watching.
The 35043 ZIP code in Birmingham, Alabama has a median sale price of $357K, down -3.3% year-over-year. Homes spend an average of 88 days on market, with 11% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 35043.
ZIP code 35043 is experiencing a price correction, with the median sale price settling at $357,400 after declining 3.3% year-over-year. Homes are averaging 88 days on market, indicating slower absorption than peak periods. Only 11% of properties are commanding above-list offers, suggesting buyers have regained negotiating leverage after the post-pandemic seller's market. This marks a transition from competitive bidding to a more balanced transaction environment where pricing strategy determines success.
This market favors patient buyers with financing already secured, particularly those willing to negotiate during the extended 88-day marketing window. The 3.3% price decline creates entry points for primary residence purchasers who can absorb the inventory at a measured pace. Sellers face headwinds unless priced at or below the $357,400 median, as the 11% above-list figure indicates premium properties still clear but overpriced listings stagnate. Investors seeking cash flow should proceed cautiously given the PropIQ score of 55.
The PropIQ intelligence score of 55 signals continued market uncertainty requiring close monitoring of days-on-market trends and list-price ratios. If DOM extends beyond 90 days in coming months, expect additional price compression beyond the current 3.3% decline. The low above-list percentage suggests demand hasn't stabilized, making spring 2026 inventory levels critical for determining whether this represents temporary correction or sustained downward repricing.
What is the median home price in 35043 Birmingham?
The median sale price in 35043 is $357K, down -3.3% year-over-year as of 2026-02-28.
How long do homes stay on the market in Birmingham 35043?
Homes in 35043 Birmingham spend an average of 88 days on market before going under contract.
Is Birmingham 35043 a good place to invest in real estate?
Folio's PropIQ™ score for 35043 is 55/100 — a Caution signal. 11% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 35043?
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 55 = Caution in 35043 Birmingham, Alabama.