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 2022 | April 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $225K | $176.5K | -21.54% |
| Median Sold Price | $175.7K | $176.5K | 0.48% |
| Homes For Sale | 200 | 252 | 26.00% |
| Homes Sold | 2,813 | 2,175 | -22.68% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Mobile, AL
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- Auctions36695 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.
