Mobile, AL Home Values & Market Trends

Real estate market trends reflect that there have been 7,241 transactions over the past year in Mobile. The median value for residential home transactions that occurred over the previous year is $193,044.53. The number of current listings in Mobile is 272, and the percentage of properties for sale in the city is 75.77%. Mobile, AL currently has 87 properties in foreclosure, 38 bank owned properties, 49 properties headed for auction, and 272 properties for sale.

Housing Market Summary for Mobile, AL

Apr 2022April 2023Change
Median Listing Price$225K$176.5K-21.54%
Median Sold Price$175.7K$176.5K0.48%
Homes For Sale20025226.00%
Homes Sold2,8132,175-22.68%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Mobile, AL

Mobile home values range from $16,160 to $7,504,888. The median estimated value of a home in Mobile is $193,044.53. The median list price of a home is 225,072.5, and the total count of properties in the city is 88,361.

Foreclosure
There are 15 zips within Mobile, AL; within these zips, the median estimated home value for homes in foreclosure ranges from $1,843,632 in 36617 to the lowest value of $27,501 in 36617. Foreclosure homes account for 0.00% of properties in Mobile, AL with 36695 containing 18 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Mobile, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 15 zips within Mobile, AL; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Mobile, AL ranges from the highest value of $1,843,632 in 36695 to the lowest value of $39,587 in 36617. Bank owned homes and properties account for 0.04% of properties in Mobile, AL. There are 15 zips within Mobile, AL; 36695 containing 8 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    36695 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Mobile, AL. Auction homes and other auction properties account for 0.06% of all properties in Mobile, AL. There are 15 zips within Mobile, AL; of those zips, the median estimated home value for homes going to auction ranges from $440,167 in 36604 to the lowest value of $27,501 in $36604.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.31% of residential properties in Mobile, AL with 36608 containing 55 homes for sale, the highest number of listed properties in a single zip. There are 15 zips within Mobile, AL; homes for sale in those zips, have a range of median values from $3,202,875 in 36608 to the lowest value of $19,710 in 36610.
    Sold Homes
    The median value for recently sold homes ranges from $1,600,000 in 36608 to the lowest price of $18,601 in 36608. There are 15 zips within Mobile, AL. 36695 has 390 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.49% of properties in Mobile, AL.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Mobile, AL
      $
      $