35060
Birmingham, Alabama
Birmingham 35060 needs watching.
The 35060 ZIP code in Birmingham, Alabama has a median sale price of $70K, down N/A year-over-year. Homes spend an average of 240 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 27 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 35060.
The 35060 market displays significant distress indicators with a median sale price of $70,000 remaining flat year-over-year and properties averaging 240 days on market—more than triple the typical selling timeline. Zero percent of homes are selling above list price, indicating buyers hold complete negotiating leverage. This extended absorption rate at an extraordinarily low price point signals either severe inventory oversupply or fundamental demand weakness in this Birmingham submarket.
Value investors with extended hold horizons and cash reserves find optimal conditions here, as the 240-day marketing period eliminates most retail buyers dependent on tight financing timelines. The flat pricing and absence of bidding competition create space for 20-30% below-ask offers that still close. Sellers face punishing conditions and should only list if relocation or financial distress forces the transaction, as holding costs will likely exceed any near-term appreciation for the next 12-18 months.
The PropIQ score of 27 out of 100 reflects structural market deterioration rather than temporary softness, suggesting price discovery hasn't completed its downward trajectory. Investors should monitor whether days-on-market compress below 180 days as the leading indicator of demand stabilization before median prices find a floor. Current data points to continued buyer advantage through 2026 unless employment or infrastructure catalysts emerge to alter the demand equation in this ZIP code.
What is the median home price in 35060 Birmingham?
The median sale price in 35060 is $70K, down N/A year-over-year as of 2025-12-31.
How long do homes stay on the market in Birmingham 35060?
Homes in 35060 Birmingham spend an average of 240 days on market before going under contract.
Is Birmingham 35060 a good place to invest in real estate?
Folio's PropIQ™ score for 35060 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 35060?
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 27 = Caution in 35060 Birmingham, Alabama.