35587
Jasper, Alabama
Jasper 35587 needs watching.
The 35587 ZIP code in Jasper, Alabama has a median sale price of $285K, down N/A year-over-year. Homes spend an average of 38 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 37 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 35587.
The 35587 ZIP code in Jasper shows a stalled market with a median sale price of $285,000 holding flat year-over-year, signaling zero appreciation over the past twelve months. Properties are moving at a moderate pace with an average 38 days on market, yet the complete absence of homes selling above list price indicates buyers face no competitive pressure. This pricing power sits entirely with purchasers, as sellers cannot command premiums in current conditions.
This environment favors patient buyers with negotiating leverage, particularly first-time purchasers and value-focused investors who can submit below-ask offers without fear of bidding wars. The 0% above-list-price metric confirms sellers must price accurately or risk extended market time. Owner-occupants seeking primary residences will find cooperative conditions, while fix-and-flip investors should proceed cautiously given the flat appreciation and the market's inability to support price growth.
The PropIQ score of 37 out of 100 signals fundamental concerns about near-term price trajectory in this market. With zero year-over-year appreciation already established and no buyer urgency evident, the data suggests continued price stagnation or potential downward pressure. Buyers should monitor inventory levels and watch whether days-on-market extends beyond 38, which would indicate further softening and create additional negotiating opportunities through 2026.
What is the median home price in 35587 Jasper?
The median sale price in 35587 is $285K, down N/A year-over-year as of 2026-01-31.
How long do homes stay on the market in Jasper 35587?
Homes in 35587 Jasper spend an average of 38 days on market before going under contract.
Is Jasper 35587 a good place to invest in real estate?
Folio's PropIQ™ score for 35587 is 37/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 37 mean for 35587?
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 37 = Caution in 35587 Jasper, Alabama.