35147 — Shelby County, Alabama Market Snapshot
Housing market data for zip code 35147 in Shelby County, Alabama. Updated monthly with median prices, days on market, and more.
Market Sales Data
38 sales in 2026 (year to date)
Median Sale Price
$317,450
Days to Sell
47
Homes Sold
38
Inventory
35
Sale-to-List
101.4%
New Listings
36
Price/SqFt
$187
Pending Sales
35
Conforming Loan Available
Most homebuyers in 35147 can comfortably use conventional financing. The median home price of $317,450 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
35147's market is balanced with homes taking an average of 47 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 35147 (101.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 35147 can comfortably use conventional financing. The median home price of $317,450 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 35147 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 35147
To purchase the median home at $317,450 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,582.
Monthly Payment
$2,582
Income Required
$110,666
Principal & Interest
$1,956/mo
Down Payment (5%)
$15,873
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 35147.
Estimated Monthly Payment
$2,115
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