Mobile - AL housing market
The Mobile metro has a typical home value of $194,638, up 0.5% from a year ago. Homes sell in 29 days on average, a balanced market. 27% of listings have had a price cut. Data from Zillow Research, updated monthly.
Mobile housing market, October 2026
The typical Mobile home is worth $194,638 as of September 2026, down 0.1% from the prior month, down 0.2% over three months, and up 0.5% from a year ago. Over the past two years values have ranged from $192,764 to $197,115.
Homes are going pending in about 29 days, slower than the 28 days seen three months earlier. There are roughly 1,771 homes for sale, 5% fewer than a year ago. 26.8% of listings have taken a price cut (up from 25.6% three months ago).
Typical rent is $1,280 a month, up 3.9% year over year, which puts the price-to-rent ratio at 12.7.
At this week's 7.40% mortgage rate with 20% down ($38,928), the typical Mobile home costs about $1,321 a month including tax and insurance, which needs a household income of roughly $56,600 to stay under a 28% payment-to-income ratio.
Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →
How to read this data
The typical home value ($194,638) is the Zillow Home Value Index for the Mobile - AL metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 0.5% over the past year. In Mobile - AL, that means a home worth $193,670 last year is now worth roughly $194,638.
The median sale price, what homes actually close for, is $221,736. Homes are selling at 97.6% of list price, meaning buyers have room to negotiate.
Homes listed in Mobile - AL sit on the market for roughly 29 days before going pending. Shorter = seller's market; longer = buyer's market.
About 26.8% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 457 new listings hit the market each month in Mobile - AL. There are currently 1,771 homes for sale, down 4.5% from a year ago.
The typical monthly rent in Mobile - AL is $1,280, up 3.9% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 12.7x, buying territory (#186 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $1,078 a month in principal and interest, $202 less than renting before taxes, insurance and upkeep. The two break even at a 9.24% rate.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →
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Other metros in AL
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Birmingham - AL | $260,710 | +2.4% | 27.0d |
| Huntsville - AL | $313,528 | +1.1% | 30.0d |
| Montgomery - AL | $212,437 | +3.6% | 28.0d |
| Tuscaloosa - AL | $238,644 | +0.6% | 29.0d |