Mobile, AL Real Estate Market Trends & Home Values

Mobile, AL Market Overview

Real estate market trends reflect that there have been 8507 transactions over the past year in Mobile. The median value for residential home transactions that occurred over the previous year is $173,337. The number of current listings in Mobile is 234, and the percentage of properties for sale in the city is 76.0%. Mobile, AL currently has 74 properties in foreclosure, 9 bank owned properties, 65 properties headed for auction, and 234 properties for sale.

Active Residential Inventory

308

Total Inventory

Recently Sold Properties

2,979

Total Sales (Last 6 Months)

Foreclosures ( 74 )

24.0%

Pre-foreclosures ( 0 )

Bank Owned ( 9 )

2.9%

Auctions ( 65 )

21.1%

For Sale ( 234 )

76.0%

Mobile, AL Home Values

$173,337

Mobile home values range from $10,000 to $7,545,275. The median estimated value of a home in Mobile is $173,337. The median list price of a home is $221,888, and the total count of properties in the city is 87,854.

Mobile, AL Real Estate Market Overview

Mobile, AL Foreclosures Market Overview

Last 24 Hours

Zip Code	Median Est. Value
36608	$279,639 $120.00/sqft
36695	$262,160 $116.00/sqft
36609	$223,388 $115.00/sqft
36693	$215,351 $103.00/sqft
36619	$177,028 $96.00/sqft
36618	$133,500 $85.00/sqft
36611	$91,257 $50.00/sqft
36617	$78,117 $41.50/sqft
36606	$58,583 $54.00/sqft
36605	$54,679 $41.50/sqft

There are 17 zip codes within Mobile, AL; within these zip codes, the median estimated home value for homes in foreclosure ranges from $515,448 in 36608 to the lowest value of $26,018 in 36607. Foreclosure homes account for 0.08% of properties in Mobile, AL with 36695 containing 13 foreclosures, the highest number of foreclosure properties in a single zip code.