35184
Birmingham, Alabama

ZIP code 35184 in Birmingham presents a contracting market with a median sale price of $152,500, down 12.8% year-over-year as of February 2026. Properties are averaging 69 days on market, and notably, zero homes have sold above their list price in the current data set. This price compression indicates reduced buyer competition and a clear shift toward buyer leverage, with sellers unable to command premium pricing in current conditions.

This environment favors patient cash buyers and value-focused investors who can negotiate below ask without competition. The 12.8% annual decline creates entry points for buy-and-hold investors targeting price stabilization, though the PropIQ score of 41 suggests elevated risk factors. Sellers face headwinds and should expect extended marketing periods and price negotiations; those without urgency may benefit from waiting for market stabilization rather than accepting current depreciated values.

The PropIQ score of 41 signals caution, indicating underlying market weaknesses beyond price alone that could include inventory oversupply, demographic pressures, or financing constraints. The combination of negative price momentum, zero above-list sales, and a below-midpoint intelligence score suggests continued softness through mid-2026. Buyers should monitor whether days-on-market extends beyond 69 days and whether price declines accelerate past the current 12.8% annual rate, both indicators of further deterioration.