35124 — Shelby County, Alabama Market Snapshot
Housing market data for zip code 35124 in Shelby County, Alabama. Updated monthly with median prices, days on market, and more.
Market Sales Data
123 sales in 2026 (year to date)
Median Sale Price
$391,000
Days to Sell
69
Homes Sold
123
Inventory
131
Sale-to-List
100.0%
New Listings
156
Price/SqFt
$186
Pending Sales
137
Conforming Loan Available
Most homebuyers in 35124 can comfortably use conventional financing. The median home price of $391,000 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 69 days on average, 35124 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
Homes are selling very close to asking price in 35124 (100.0% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 35124 can comfortably use conventional financing. The median home price of $391,000 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 35124 are set at the county level.
2026 Loan Limits — Shelby 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 35124
To purchase the median home at $391,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,146.
Monthly Payment
$3,146
Income Required
$134,817
Principal & Interest
$2,409/mo
Down Payment (5%)
$19,550
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 35124.
Estimated Monthly Payment
$2,570
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