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Foreclosure Homes in Mobile, AL 36607

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Mobile, AL Foreclosures

How much do homes sell for in Mobile, AL?
The average home price is currently $211,969.
In Mobile, AL, how many homes are available?
There are currently 36 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 $46,224,788.
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 historic coastal city with a rich cultural scene and a welcoming community. With a mild climate and numerous parks, it offers plenty of outdoor activities and events throughout the year. The area is ideal for families, featuring excellent educational institutions and a vibrant culinary landscape.

Current Market Conditions in Mobile, AL

The real estate market in Mobile is currently seeing a steady growth trend, with residential properties appreciating in value due to increased demand. Investors are taking notice of the city's affordability compared to other similar-sized metropolitan areas in the South.

New development projects and revitalization efforts in downtown Mobile have contributed to a positive economic outlook. As more people are drawn to the area's unique charm and lifestyle, the rental market is also becoming more attractive for real estate investors.

Home Value Estimator For Mobile, AL

There are currently 85,460 real estate properties in Mobile, AL, with a median automated valuation model (AVM) price of $178,210.00. 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 $211,969.00, with the most expensive house in Mobile, AL, topping out at $46,224,788.00 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 36607 Foreclosures

Market Trend for Mobile, AL

Total Listings Available: 36

Market Values:

Home Prices from $9,628 to $46,224,788

Average Sales Price: $211,969

Rental Values:

Rental from $450 to $3,600

Average Rent Value: $1,131 / month

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