35211
Birmingham, Alabama

The 35211 ZIP code is experiencing a contraction, with the median sale price declining 6.9% year-over-year to $83,500. Properties are moving at a moderate pace with an average 60 days on market, while only 11% of homes sell above list price—indicating limited competition among buyers. This price compression in a sub-$100K market segment suggests either local economic pressure or a correction from previous overvaluation in this Birmingham submarket.

Value investors and cash buyers should find the current dynamics favorable, as the -6.9% annual decline creates entry points below recent peak prices at the $83,500 median. The 60-day absorption rate provides adequate time for due diligence without the pressure seen in competitive markets. Sellers face headwinds with only one in nine properties commanding premiums, making this a buyer-advantaged environment where negotiation leverage has clearly shifted from 2025 levels.

The PropIQ score of 55 signals caution, indicating weak momentum and potential for continued softness in the near term. The combination of year-over-year price decline and minimal above-list sales suggests stabilization has not yet occurred. Investors should monitor whether days-on-market begins extending beyond 60 days or if the 11% above-list percentage deteriorates further, both of which would confirm deepening weakness rather than a bottoming process.