35148
Jasper, Alabama

The 35148 ZIP code in Jasper, Alabama shows a median sale price of $200,000 as of February 2026, marking a significant year-over-year decline of 17.2%. Homes are moving at a moderate pace with an average 55 days on market, while 33% of properties still command above-list offers. This price correction represents one of the steeper drops in the Alabama market, signaling a notable shift from prior valuations in this Walker County location.

Buyers gain substantial leverage in this environment, particularly those targeting properties under the $200,000 median where negotiation room has expanded following the 17% correction. The 33% above-list percentage indicates selective competition for well-priced inventory, benefiting prepared purchasers who can act within the 55-day marketing window. Current sellers face headwinds and should expect extended negotiations, while investors seeking cash-flowing rentals may find entry points improved by the recent price compression.

The PropIQ score of 65 signals caution, suggesting the market hasn't found equilibrium after its 17.2% decline. Monitor whether the above-list percentage holds above 30% or deteriorates further, as erosion below that threshold would indicate continued downward pressure. Days on market trending above 60 would confirm weakening demand, while stabilization near 50 days could mark price discovery completion in this post-correction phase.