Is Pelham, AL 35124 a buyer’s or seller’s market?

The Pelham housing market right now

In the three months ending August 31, 2026, 28% of homes in Pelham, AL 35124 sold above their list price, the typical home went under contract in 48 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 142 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (28% then), homes sold faster (62 days then) and the median sale price fell 4% to $355,791. Overall, Pelham is more competitive than a year ago, so tougher for buyers.

Within Shelby County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 73%. On our competition score, Pelham ranks #37 of 249 AL ZIP codes with enough sales (score 51 out of 100).

Nearby, buyers who want less competition could look at Vandiver 35176 (0% sold over asking) or Shelby 35143 (0% sold over asking), while Vincent 35178 (33% sold over asking) and Birmingham 35244 (31% sold over asking) are even more competitive.