35094
Birmingham, Alabama

ZIP code 35094 recorded a median sale price of $295,000 as of February 2026, marking a robust 13.5% year-over-year increase that outpaces regional inflation. Homes are averaging 84.5 days on market, indicating moderate absorption rates rather than rapid turnover. The fact that only 21% of properties sold above list price suggests pricing discipline has returned after previous volatility, with most transactions settling at or below asking. This split between strong appreciation and measured velocity points to sustained demand meeting adequate supply.

Sellers with properly priced inventory maintain advantage given the double-digit appreciation trend, though the 84.5-day marketing period requires realistic expectations about timing. The 21% above-ask ratio means buyers have negotiating leverage in four out of five transactions, particularly on properties that exceed 90 days listed. Value-oriented investors seeking cash flow over speculation will find the $295,000 entry point accessible, while the 13.5% annual gain provides meaningful equity accumulation without requiring premium execution on every purchase.

The PropIQ score of 70 signals neutral conditions with monitoring required, suggesting the current appreciation rate may moderate as days-on-market metrics haven't compressed to match price growth. If DOM extends beyond 90 days in coming months while the above-ask percentage declines further, expect price growth to decelerate toward mid-single digits. Tracking new listing volumes and mortgage rate fluctuations will determine whether this market transitions toward buyer favorability or maintains seller-friendly momentum through 2026.