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Short Sale Listings in Mobile, AL 36587

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Mobile, AL Foreclosures

How much do homes sell for in Mobile, AL?
The average home price is currently $211,361.
In Mobile, AL, how many homes are available?
There are currently 69 active home listings available in Mobile.
What’s the average rental cost in Mobile, AL?
The average rental price in Mobile is $1,131.
What is the most expensive home in Mobile?
The most expensive home sold in Mobile had a price of $47,372,988.
What is currently the cheapest priced home in Mobile, AL?
The cheapest home for sale in Mobile is priced at $9,628.

Living in Mobile, AL

Mobile, Alabama is a coastal gem known for its rich history, diverse culture, and vibrant community life. This city offers a warm climate, a range of outdoor activities, and a variety of educational opportunities suitable for families. With its beautiful parks, delicious dining options, and cultural landmarks, Mobile is an attractive destination for both residents and visitors alike.

Current Market Conditions in Mobile, AL

The real estate market in Mobile is currently showing signs of growth, with a steady increase in home values over the past year. The demand for homes, particularly in waterfront and historic districts, remains strong, contributing to a competitive market environment.

New construction projects are underway, especially in the downtown and coastal areas, which attract buyers seeking modern amenities while enjoying the charm of Mobile's historical significance.

Home Value Estimator For Mobile, AL

There are currently 85,467 real estate properties in Mobile, AL, with a median automated valuation model (AVM) price of $179,427.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mobile, AL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mobile, AL, is $211,361.00, with the most expensive house in Mobile, AL, topping out at $47,372,988.00 and the cheapest home in Mobile, AL, clocking in at $9,628.00. In other words, there’s something for every potential homebuyer or savvy investor in Mobile, AL!

Rent Prices In Mobile, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mobile, AL, is on a rollercoaster ride. The average rent price in Mobile, AL, is $1,131.00. Indeed, when looking to rent in Mobile, AL, you can expect to pay as little as $450.00 or as much as $3,600.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Mobile, AL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Mobile, AL 36587 Short Sale Listings

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