35171
Birmingham, Alabama
Birmingham 35171 needs watching.
The 35171 ZIP code in Birmingham, Alabama has a median sale price of $188K, down -21.9% year-over-year. Homes spend an average of 78 days on market, with 14% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 35171.
The 35171 ZIP code is experiencing significant price contraction, with the median sale price settling at $187,500 after a steep 21.9% year-over-year decline. Homes are averaging 78 days on market, indicating softer demand than peak periods. Only 14% of properties are selling above list price, signaling limited competition among buyers and reduced urgency in transaction timelines. This price correction represents one of the sharper adjustments in the Birmingham metro area.
Buyer conditions strongly favor those with flexibility and cash reserves, particularly first-time purchasers previously priced out during appreciation cycles. The 78-day marketing period allows for thorough due diligence without pressure from competing offers. Sellers face challenging conditions unless pricing reflects the 21.9% correction, as the 14% above-list metric suggests most transactions close at or below asking. Investors seeking value-add opportunities may find entry points, though the PropIQ score of 55 warrants careful underwriting.
The PropIQ intelligence score of 55 signals continued caution, suggesting stabilization remains incomplete and further softness is possible. Key monitoring points include whether days-on-market extends beyond 78 and if the above-list percentage drops below current levels. Without demand catalysts or inventory constraints, the price discovery phase may extend through additional quarters. Recovery indicators would include DOM compression and improved above-list transaction ratios.
What is the median home price in 35171 Birmingham?
The median sale price in 35171 is $188K, down -21.9% year-over-year as of 2026-02-28.
How long do homes stay on the market in Birmingham 35171?
Homes in 35171 Birmingham spend an average of 78 days on market before going under contract.
Is Birmingham 35171 a good place to invest in real estate?
Folio's PropIQ™ score for 35171 is 55/100 — a Caution signal. 14% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 35171?
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 55 = Caution in 35171 Birmingham, Alabama.