35128
Birmingham, Alabama
Birmingham 35128 is stable.
The 35128 ZIP code in Birmingham, Alabama has a median sale price of $385K, up +16.5% year-over-year. Homes spend an average of 118 days on market, with 20% of homes selling above list price.
Folio's PropIQ™ score of 70 signals Neutral Watch conditions. This market is holding steady. Monitor inventory shifts before committing.
ZIP code 35128 is experiencing notable price appreciation with a median sale price of $384,950, up 16.5% year-over-year as of February 2026. Market velocity remains moderate with homes averaging 117.5 days on market, indicating steady rather than frenzied demand. Only 20% of properties sell above list price, suggesting sellers maintain pricing power but face buyer resistance at inflated asking prices. This combination of double-digit appreciation with extended market time points to a transition phase from the recent seller-dominated period.
The current conditions favor move-up buyers with strong financing who can absorb the 117.5-day timeline without urgency. Investors face compressed yields given the 16.5% price surge outpacing typical rental growth in Birmingham metro submarkets. Sellers who priced accurately pre-listing capture premium outcomes within the 20% above-ask cohort, while overleveraged or time-sensitive sellers risk the nearly four-month absorption period. The $385K price point filters out first-time buyers in this market, narrowing the prospect pool.
The PropIQ score of 70 signals neutral conditions with downside risk if appreciation momentum breaks. The 117.5-day marketing period could extend further if the 16.5% growth rate proves unsustainable relative to local wage growth and migration patterns. Monitoring the ratio of above-list sales and any increase in average days on market through Q2 2026 will indicate whether price discovery is correcting. Buyers should watch for inventory accumulation as a negotiation catalyst.
What is the median home price in 35128 Birmingham?
The median sale price in 35128 is $385K, up +16.5% year-over-year as of 2026-02-28.
How long do homes stay on the market in Birmingham 35128?
Homes in 35128 Birmingham spend an average of 118 days on market before going under contract.
Is Birmingham 35128 a good place to invest in real estate?
Folio's PropIQ™ score for 35128 is 70/100 — a Neutral Watch signal. 20% of homes sold above asking.
What does a PropIQ™ score of 70 mean for 35128?
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 70 = Neutral Watch in 35128 Birmingham, Alabama.