35501
Jasper, Alabama
Jasper 35501 needs watching.
The 35501 ZIP code in Jasper, Alabama has a median sale price of $180K, down -2.0% year-over-year. Homes spend an average of 62 days on market, with 15% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 35501.
The 35501 market is experiencing a modest correction, with median sale prices settling at $180,000 after a 2.0% year-over-year decline. Properties are moving at a measured pace, averaging 62 days on market, while only 15% of homes command above-list pricing—a clear signal of reduced buyer competition. This price and velocity combination indicates a market transitioning from the elevated levels of recent years toward more balanced conditions.
Buyer leverage has returned to this market after an extended seller-favorable period. The 2.0% price decline and limited bidding activity favor purchasers who can negotiate without urgency, particularly owner-occupants seeking primary residences in the sub-$200,000 range. Fix-and-flip investors face compression risk given the downward price trajectory, though buy-and-hold strategies may find value if the 62-day absorption rate stabilizes. Sellers with equity cushions can still transact, but those requiring peak pricing should reconsider timing.
The PropIQ score of 55 signals caution, suggesting continued price pressure or stagnant appreciation through the next two quarters. Monitor days-on-market trends closely—any extension beyond 75 days would indicate deepening softness. The 15% above-list ratio provides limited upside confidence, and without demand catalysts, this market likely tracks sideways to down 1-3% over the next six months before finding a floor.
What is the median home price in 35501 Jasper?
The median sale price in 35501 is $180K, down -2.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in Jasper 35501?
Homes in 35501 Jasper spend an average of 62 days on market before going under contract.
Is Jasper 35501 a good place to invest in real estate?
Folio's PropIQ™ score for 35501 is 55/100 — a Caution signal. 15% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 35501?
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 55 = Caution in 35501 Jasper, Alabama.