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City-owned Homes And Land in Mobile, AL

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Mobile, AL Foreclosures

How much do homes sell for in Mobile, AL?
The average home price is currently $208,671.
In Mobile, AL, how many homes are available?
There are currently 2,004 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 $45,657,926.
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 vibrant port city known for its rich cultural heritage and coastal living. It offers a unique blend of history, outdoor activities, and a strong sense of community. With the beautiful Mobile Bay and Gulf of Mexico nearby, residents enjoy a plethora of recreational opportunities, including boating, fishing, and enjoying the local parks and gardens.

Current Market Conditions in Mobile, AL

The real estate market in Mobile, AL has seen a steady increase in home values over the past year, attributed to growing interest from both local buyers and those relocating from other states. With a combination of affordability and an improving job market, the demand for homes is on the rise, particularly in family-friendly neighborhoods and near the waterfront.

Home Value Estimator For Mobile, AL

There are currently 85,468 real estate properties in Mobile, AL, with a median automated valuation model (AVM) price of $176,200.00. 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 $208,671.00, with the most expensive house in Mobile, AL, topping out at $45,657,926.00 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 City-owned Homes And Land


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