35119
Birmingham, Alabama
Birmingham 35119 needs watching.
The 35119 ZIP code in Birmingham, Alabama has a median sale price of $25K, down N/A year-over-year. Homes spend an average of 40 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 37 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 35119.
The 35119 ZIP code shows a distressed market profile with a median sale price of $25,000 as of February 2015, unchanged from the prior year. Properties are moving at a 40-day average selling cycle, which appears efficient given the price point, but the complete absence of homes selling above list price indicates zero competitive bidding pressure. This flat pricing combined with below-ask transactions signals a market where sellers hold minimal negotiating leverage and buyer demand remains constrained.
This environment strongly favors cash investors pursuing deep-value plays and buyers seeking absolute minimum entry costs into Birmingham-area real estate. The $25,000 median creates opportunities for fix-and-flip operators with renovation expertise or buy-and-hold investors willing to manage tenant risk at this price tier. Sellers face challenging conditions with no premium capture potential, making this an unfavorable exit environment unless necessity drives the transaction.
The PropIQ score of 37/100 with a Caution rating suggests structural headwinds that extend beyond normal market cyclicality. With no year-over-year price appreciation and zero above-list sales, monitor absorption rates and foreclosure activity as indicators of whether this market stabilizes or deteriorates further. The low score implies limited near-term catalysts for price recovery, warranting conservative underwriting assumptions for any acquisition in this ZIP code.
What is the median home price in 35119 Birmingham?
The median sale price in 35119 is $25K, down N/A year-over-year as of 2015-02-28.
How long do homes stay on the market in Birmingham 35119?
Homes in 35119 Birmingham spend an average of 40 days on market before going under contract.
Is Birmingham 35119 a good place to invest in real estate?
Folio's PropIQ™ score for 35119 is 37/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 37 mean for 35119?
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 37 = Caution in 35119 Birmingham, Alabama.