35118 — Jefferson County, Alabama Market Snapshot
Housing market data for zip code 35118 in Jefferson County, Alabama. Updated monthly with median prices, days on market, and more.
Market Sales Data
10 sales in 2026 (year to date)
Median Sale Price
$179,500
Days to Sell
112
Homes Sold
10
Inventory
10
Sale-to-List
92.7%
New Listings
13
Price/SqFt
$119
Pending Sales
10
Conforming Loan Available
Most homebuyers in 35118 can comfortably use conventional financing. The median home price of $179,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 112 days on average, 35118 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 35118 sells for 7.3% below asking price (92.7% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 35118 can comfortably use conventional financing. The median home price of $179,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 35118 are set at the county level.
2026 Loan Limits — Jefferson County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 35118
To purchase the median home at $179,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,525.
Monthly Payment
$1,525
Income Required
$65,369
Principal & Interest
$1,106/mo
Down Payment (5%)
$8,975
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 35118.
Estimated Monthly Payment
$1,261
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