35181
Birmingham, Alabama
Birmingham 35181 needs watching.
The 35181 ZIP code in Birmingham, Alabama has a median sale price of $275K, down N/A year-over-year. Homes spend an average of 38 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 35181.
ZIP code 35181 presents a stagnant market with a median sale price of $275,000 showing no year-over-year movement as of March 2024. The 38-day average market time suggests moderate absorption rates, though the complete absence of homes selling above list price indicates zero buyer urgency or competition. This pricing ceiling reflects a market where sellers hold firm expectations while buyers face no pressure to escalate offers, creating a standoff that has produced flat appreciation over the past twelve months.
This environment favors patient buyers with financing secured who can negotiate at or below list price without competitive bidding. The 0% above-ask metric gives purchasers unusual leverage in a market where sellers must justify their pricing or accept adjustments. Current homeowners considering sales face headwinds, as the flat year-over-year trend and lack of premium offers suggest they cannot rely on appreciation gains and may need flexibility on terms or pricing to achieve 38-day market times.
The PropIQ score of 37 signals caution, suggesting downward pressure may materialize if demand remains weak. Buyers should monitor whether days-on-market extends beyond 38 or if visible price reductions increase among active listings, both indicating further softening. Without multiple bidders or appreciation momentum, this market needs demand catalysts to avoid price corrections, making the next quarter's absorption rates and listing inventory levels critical indicators for directional clarity.
What is the median home price in 35181 Birmingham?
The median sale price in 35181 is $275K, down N/A year-over-year as of 2024-03-31.
How long do homes stay on the market in Birmingham 35181?
Homes in 35181 Birmingham spend an average of 38 days on market before going under contract.
Is Birmingham 35181 a good place to invest in real estate?
Folio's PropIQ™ score for 35181 is 37/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 37 mean for 35181?
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 35181 Birmingham, Alabama.