35146
Birmingham, Alabama
Birmingham 35146 needs watching.
The 35146 ZIP code in Birmingham, Alabama has a median sale price of $321K, down -7.6% year-over-year. Homes spend an average of 100 days on market, with 6% of homes selling above list price.
Folio's PropIQ™ score of 51 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 35146.
The 35146 ZIP code is experiencing a buyer-favorable correction, with median sale prices declining 7.6% year-over-year to $321,000. Homes are spending 100 days on market, significantly above the rapid-market threshold of 30-45 days. Only 6% of properties are selling above list price, indicating sellers have minimal pricing leverage and buyers face little competition for inventory in this Birmingham-area market.
This environment favors patient buyers with financing secured who can negotiate below asking prices given the 94% of homes selling at or below list. Value-focused investors seeking rental properties benefit from reduced competition and extended negotiation windows. Sellers face headwinds and should avoid listing unless necessary, as the prolonged days-on-market metric suggests properties are sitting while buyers control price discovery and transaction terms.
The PropIQ score of 51 signals caution regarding near-term appreciation potential and suggests the price decline may continue through the next quarter. Monitor inventory levels and whether days-on-market contracts below 90 days, which would indicate stabilization. The current 100-day absorption rate combined with negative price momentum indicates this market has not yet found its floor, requiring careful timing for any purchase decisions.
What is the median home price in 35146 Birmingham?
The median sale price in 35146 is $321K, down -7.6% year-over-year as of 2026-02-28.
How long do homes stay on the market in Birmingham 35146?
Homes in 35146 Birmingham spend an average of 100 days on market before going under contract.
Is Birmingham 35146 a good place to invest in real estate?
Folio's PropIQ™ score for 35146 is 51/100 — a Caution signal. 6% of homes sold above asking.
What does a PropIQ™ score of 51 mean for 35146?
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 51 = Caution in 35146 Birmingham, Alabama.