ZIP 35203 Housing Market & Real Estate Update (Birmingham, AL) — February 22, 2026
35203 – February 22, 2026 – Downtown Birmingham’s ZIP 35203 shows softer prices YoY, more listings, slower sales, and rents easing as spring nears.
Top takeaways
- Prices look softer year over year in ZIP 35203, while market time has stretched out.
- Inventory is still limited, but active listings are higher than last year across major dashboards.
- Rents are trending down year over year, which may give renters a bit more negotiating room.
Market snapshot (ZIP 35203: Birmingham, Alabama)
Zillow’s ZIP-level index puts the typical home value around $324,561 (down 3.0% over the past year), with about 47 homes listed for sale and 6 newly listed as of January 31, 2026.
Redfin’s January 2026 update shows a median sale price of $316,375 (down 7.3% year over year). Homes are taking much longer to move, with a median 188 days on market, and the area is rated ‘not very competitive’. Redfin also shows a sale-to-list ratio near 97.7% for January.
Realtor.com’s December 2025 ZIP snapshot reports a median home value around $315,900, 46 active listings, and average time on market of about 106 days. On the rental side, it shows 22 rentals with a median rent around $2,082/month (down year over year).
What’s for sale right now
Redfin’s active feed currently shows a few dozen homes/condos for sale in 35203. A few common buckets locals will recognize this week:
- Loft-style condos downtown in the mid-$200Ks to $300Ks, where HOA rules and building amenities can matter as much as the list price.
- Newer small-footprint condos around the low-to-mid $200Ks (watch monthly fees, parking, and short-term-rental rules where applicable).
- Higher-end townhomes and rare single-family options that can push into seven figures, with wider variation in days on market.
Rentals watch
With rents down year over year in the Realtor.com snapshot, it may be a good moment for renters to ask about concessions (move-in specials, parking, or lease-length flexibility). For landlords, longer marketing times can make unit condition and quick-turn repairs more important than ever.
ServiceXTC local pros (Birmingham area)
- Zoom Drain Alabama — Plumber
- Wilbur’s Air Conditioning, Heating & Plumbing — HVAC contractor
- Complete Homeworks, Inc. — Roofing contractor
- PODS Moving & Storage — Moving and storage service
What are you seeing in 35203 right now: more price cuts, more investor activity, or more ‘wait-and-see’ buyers?
Sources
https://www.zillow.com/home-values/73373/birmingham-al-35203/
https://www.redfin.com/zipcode/35203/housing-market
https://www.redfin.com/zipcode/35203
https://www.realtor.com/local/market/alabama/zipcode-35203
https://servicextc.com/zoom-drain-alabama/
https://servicextc.com/wilburs-air-conditioning-heating-plumbing-3/
https://servicextc.com/complete-homeworks-inc/