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Deer Springs Estates Fungo Hollow Indian Springs Ranch Little Oak Ridge Estates Mallard Point Quail Run Valdawood Valley Station

PELHAM, AL 35124

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 35124

Deer Springs Estates · Fungo Hollow · Indian Springs Ranch · Little Oak Ridge Estates · Mallard Point · Quail Run · Valdawood · Valley Station

Market Analysis

Data as of February 2026. Source: Realtor.com.

The PELHAM, AL real estate market (35124) currently shows 148 active listings, with 51 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory has tightened compared to last year, with 35 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 68 days on market compared to 57 days last year.

The median listing price has risen 7.1% year-over-year, from $455,760 to $487,950.

Whether you are buying or selling in PELHAM, AL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 24,408  ·  Density: 221.0/mi²  ·  Median household income: $91,836

Typical home value: $264,172  ·  Homeownership: 84.2%

Market Overview

Active Listings
148
⇩ 19.1% vs 183 last year
Pending
51
34% pending ratio
Median Price
$487,950
⇧ 7.1% vs $455,760 last year
Average Price
$514,662
⇧ 9.8% vs $468,865 last year
Days on Market
68
⇧ 19.3% vs 57 days last year

Price Per Square Foot

Median $/sqft
$194
vs $194/sqft last year
Median Home Size
2,562 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 148 this year vs 183 last year
  • Days on market: 68 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $487,950 (+7.1% YoY)
  • Average: $514,662 (+9.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.5 miles — 1,032 listings ($521,105,419 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
35124Pelham, AL 351240.0 mi148$77,523,140$475,338$523,805
35043Chelsea, AL 350435.9 mi124$76,021,920$407,675$613,080
35216Birmingham, AL 352167.5 mi92$42,944,680$319,500$466,790
35114Alabaster, AL 351148.8 mi20$10,752,800$510,000$537,640
35242Birmingham, AL 352429.2 mi222$184,777,926$627,000$832,333
35209Birmingham, AL 3520910.8 mi66$27,340,434$329,000$414,249
35211Birmingham, AL 3521111.5 mi115$14,593,845$105,900$126,903
35223Birmingham, AL 3522312.1 mi18$16,098,606$699,000$894,367
35020Bessemer, AL 3502012.8 mi84$9,365,916$101,950$111,499
35213Birmingham, AL 3521313.4 mi26$21,416,876$474,900$823,726
35233Birmingham, AL 3523313.7 mi36$18,623,988$515,000$517,333
35064Fairfield, AL 3506414.4 mi39$4,211,844$90,000$107,996
35222Birmingham, AL 3522214.5 mi42$17,433,444$369,900$415,082

Frequently Asked Questions

How many homes are for sale in PELHAM, AL 35124?

As of February 2026, there are 148 active listings in PELHAM, AL (zip code 35124), compared to 183 the prior year.

What is the median home price in PELHAM, AL 35124?

The median listing price in PELHAM, AL 35124 is $487,950 as of February 2026, a 7.1% increase from $455,760 the prior year.

How long do homes stay on the market in PELHAM, AL?

Homes in PELHAM, AL 35124 spend an average of 68 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in PELHAM, AL 35124?

Based on current inventory and days-on-market data as of February 2026, PELHAM, AL 35124 is currently a Balanced Market. Inventory has tightened compared to last year, with 35 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 68 days on market compared to 57 days last year.

How much can I save on real estate commission in PELHAM, AL?

With SELL123.com's maximum 3% commission, sellers in PELHAM, AL 35124 save an estimated $9,759 compared to a typical 5% commission on the median listing price of $487,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.