35901
Gadsden, Alabama

The 35901 ZIP code recorded a median sale price of $238,500 as of February 2026, representing a substantial 41.1% year-over-year increase that significantly outpaces national averages. Homes are moving at a moderate pace with 77 days on market, while 21% of properties sold above their list price, indicating selective competition for well-positioned inventory. This price acceleration suggests strong demand pressure against limited supply, though the velocity metrics show the market hasn't reached frenzied territory.

Sellers with existing equity are positioned to capitalize on the 41.1% appreciation, particularly those who purchased before this rapid escalation cycle. However, buyers face compressed affordability with prices climbing faster than typical income growth in the Gadsden metro area. The 21% above-list-price figure means one in five transactions involve bidding activity, requiring purchasers to maintain pricing discipline and thorough comparative analysis rather than emotional decision-making in competitive situations.

The PropIQ score of 66 signals caution, suggesting this appreciation rate may not be sustainable and potential correction risk exists. A 41% annual increase typically indicates market overheating rather than fundamental value growth, warranting close monitoring of inventory levels and days-on-market trends through Q2 2026. If DOM begins extending beyond 90 days while above-list sales drop below 15%, it would confirm cooling momentum and potential price stabilization or modest decline ahead.