35228
Birmingham, Alabama
Birmingham 35228 needs watching.
The 35228 ZIP code in Birmingham, Alabama has a median sale price of $75K, down -3.2% year-over-year. Homes spend an average of 87 days on market, with 24% of homes selling above list price.
Folio's PropIQ™ score of 56 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 35228.
ZIP code 35228 in Birmingham is experiencing a cooling market with a median sale price of $75,000, down 3.2% year-over-year as of February 2026. Homes are averaging 87 days on market, indicating slower absorption than typical healthy markets. Only 24% of properties are selling above list price, suggesting limited competition among buyers and modest negotiating leverage for sellers. The price decline combined with extended marketing periods signals a shift toward buyer-favorable conditions in this sub-$100K segment.
This market favors cash buyers and value investors seeking entry points below replacement cost, particularly those willing to navigate the 87-day average marketing timeline. The $75,000 median price point attracts first-time buyers with limited down payment capacity, though the negative price trajectory warrants cautious underwriting. Sellers face headwinds with three-quarters of transactions closing at or below ask, making this environment challenging for those requiring quick liquidity or equity extraction from recent purchases.
The PropIQ intelligence score of 56 signals caution, reflecting the negative price momentum and below-average market velocity indicators. Forward monitoring should focus on whether days-on-market extends beyond 90 days, which would indicate further demand deterioration. The 3.2% price decline bears watching for acceleration or stabilization over the next quarter, as sustained depreciation could compress the already-narrow investor yield potential in this price tier.
What is the median home price in 35228 Birmingham?
The median sale price in 35228 is $75K, down -3.2% year-over-year as of 2026-02-28.
How long do homes stay on the market in Birmingham 35228?
Homes in 35228 Birmingham spend an average of 87 days on market before going under contract.
Is Birmingham 35228 a good place to invest in real estate?
Folio's PropIQ™ score for 35228 is 56/100 — a Caution signal. 24% of homes sold above asking.
What does a PropIQ™ score of 56 mean for 35228?
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 56 = Caution in 35228 Birmingham, Alabama.