35051
Birmingham, Alabama
Birmingham 35051 is stable.
The 35051 ZIP code in Birmingham, Alabama has a median sale price of $290K, up +4.9% year-over-year. Homes spend an average of 131 days on market, with 10% of homes selling above list price.
Folio's PropIQ™ score of 65 signals Caution conditions. This market is holding steady. Monitor inventory shifts before committing.
The 35051 ZIP code reports a median sale price of $289,500 as of February 2026, representing a modest 4.9% year-over-year appreciation. Homes are averaging 131 days on market, substantially longer than metro Birmingham's typical inventory turnover, while only 10% of properties are selling above list price. This combination of extended marketing periods and limited bidding competition indicates a market transitioning toward buyer favorability, though price depreciation has not yet materialized.
Buyers gain negotiating leverage in this environment, with 131-day exposure periods suggesting sellers must compete for attention rather than field multiple offers. The 10% above-list figure means 90% of transactions close at or below asking price, creating room for price discovery and inspection-based concessions. Cash investors seeking rental inventory should find willing sellers, while first-time buyers can conduct due diligence without pressure from competing bids that characterized tighter markets.
The PropIQ score of 65/100 signals caution, suggesting underlying fundamentals may not support continued appreciation at current rates. With days-on-market extending and minimal pricing power evident, the 4.9% growth rate appears vulnerable to compression through 2026. Monitor monthly absorption rates and the percentage of listings requiring price reductions, as deterioration in either metric would confirm a shift from stabilization to buyer-driven correction.
What is the median home price in 35051 Birmingham?
The median sale price in 35051 is $290K, up +4.9% year-over-year as of 2026-02-28.
How long do homes stay on the market in Birmingham 35051?
Homes in 35051 Birmingham spend an average of 131 days on market before going under contract.
Is Birmingham 35051 a good place to invest in real estate?
Folio's PropIQ™ score for 35051 is 65/100 — a Caution signal. 10% of homes sold above asking.
What does a PropIQ™ score of 65 mean for 35051?
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 65 = Caution in 35051 Birmingham, Alabama.