Is Mulga, AL 35118 a buyer’s or seller’s market?
Mulga is a buyer’s market. With about 6.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Mulga housing market right now
In the three months ending August 31, 2026, 25% of homes in Mulga, AL 35118 sold above their list price, the typical home went under contract in 47 days and there were 6.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 8 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold more slowly (42 days then) and the median sale price rose 19% to $135,941. Overall, Mulga is more competitive than a year ago, so tougher for buyers.
Within Jefferson County, homes here sell faster than in 74% of the county’s ZIP codes, and sell more often over asking than in 72%.
Nearby, buyers who want less competition could look at Birmingham 35234 (0% sold over asking) or Birmingham 35233 (0% sold over asking), while Birmingham 35223 (51% sold over asking) and Birmingham 35222 (44% sold over asking) are even more competitive.
Run the numbers for 35118
Nearby markets
Adamsville 35005Balanced $92 /sq ftAdger 35006Buyer’s market $128 /sq ftBessemer 35020Balanced $57 /sq ftBessemer 35022Balanced $156 /sq ft Browse all markets →Towns like Mulga nearby
Find towns like Mulga in other states →Where Mulga is
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Questions about Mulga real estate
Is Mulga a buyer’s or seller’s market?
A buyer’s market: there were 6.8 months of supply in Mulga, AL 35118 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Mulga?
The typical home went under contract in 47 days in the latest three months.
Do homes in Mulga sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 91.8% of the list price.
What are property taxes in Mulga?
About 0.59% of a home’s value a year in Jefferson County, or roughly $2,360 on a $400,000 home.
What is the median home price in Mulga?
The median sale price was $135,941 in the three months ending August 31, 2026, about $76 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology