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Foreclosure Homes in Mobile, AL

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Mobile, AL Foreclosures

Current Market Conditions in in Mobile, AL As of March 2026?
In the past month, Mobile's real estate market has seen a slight increase in home sales, likely attributed to favorable interest rates and a growing population. More buyers are actively looking to settle in the area, which has led to a competitive market, particularly for family-sized homes. Listings are moving quickly, and multiple offers are becoming common in sought-after neighborhoods.
How much do homes sell for in Mobile, AL?
The average home price is currently $238,094.
In Mobile, AL, how many homes are available?
There are currently 2,116 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 $46,463,044.
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 is a bustling city on the Gulf Coast of Alabama, known for its historic architecture, lively culture, and access to beautiful waterfronts. Residents enjoy a variety of outdoor activities, access to great schools, and a strong sense of community. Whether you're interested in the arts or the outdoors, Mobile offers an attractive lifestyle.

Buyer vs Seller Market in Mobile, AL

Currently, the real estate market in Mobile is experiencing a steady demand, driven by an influx of new residents and investments. The area has seen a consistent rise in home prices, particularly in desirable neighborhoods, reflecting the city's growing appeal as a place to live and work.

There is a balanced mix of property types, from historic homes to new developments, catering to a wide range of buyers. With several major companies and industries setting up in Mobile, the housing market is expected to remain robust in the coming months.

Home Value Estimator For Mobile, AL

There are currently 97,497 real estate properties in Mobile, AL, with a median automated valuation model (AVM) price of $177,265.00. 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 $238,094.00, with the most expensive house in Mobile, AL, topping out at $46,463,044.00 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 Foreclosures

Market Trend for Mobile, AL

Total Listings Available: 2,116

Market Values:

Home Prices from $9,628 to $46,463,044

Average Sales Price: $238,094

Rental Values:

Rental from $450 to $3,600

Average Rent Value: $1,131 / month

Is Buying a Foreclosure Home a Better Move Than Renting?

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