Market Intelligence · AL / Mobile County

Mobile, AL home prices and housing market

16 ZIP markets liveData updated September 2026Typical value$156K1-yr changeDown2.1%

The typical home value in Mobile, AL is $156K as of September 2026, down 2.1% from a year ago, based on the Zillow Home Value Index. In the typical Mobile ZIP code, the median list price is $201K and homes spend a median of 64 days on market as of September 2026 (Realtor.com).

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The coverage

Mobile, by the numbers.

Typical home valueZillow ZHVI, September 2026
$156K
1-yr changeMedian across Mobile ZIPs
-2.1%
ZIP markets live32 tracked in Mobile
16
County
Mobile County

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12-month value trend

-2.1% over 12 months

Typical home value in Mobile over the last 12 months: $160K in Sep 2025 to $156K in Sep 2026 (-2.1%).

Sep 2025$160K

Sep 2026$156K

Median Zillow home value index across Mobile's ZIP codes.

Context

Mobile's housing market is showing signs of softness heading into late 2026. The typical home value has declined 2.3% over the past year, reaching $157,314 as of August 2026. There are currently 886 homes for sale, with 310 new listings added in September 2026. Homes are sitting on the market for a median of 64 days, and about 19.3% of active listings have seen price reductions. For homeowners considering a sale, this is a buyer-favorable market where you may need to price competitively and be flexible on terms.

The numbers

What is the housing market like in Mobile, AL?

Typical home value

$156K

Down2.1%YoY

Median list price

$201K

Days on market

64

Homes for sale

886

Price cuts

19.3%

New listings

310

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Mobile's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Mobile, AL home prices over time

Typical home values in Mobile, AL are down 2.1% over the past year, from $160K in September 2025 to $156K in September 2026.

Typical home value in Mobile, AL, September of each year
MonthTypical value1-yr change
September 2026$156,484-2.1%
September 2025$159,897No prior year

Typical value is the median Zillow Home Value Index across Mobile ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Mobile, AL a buyer's or seller's market?

Mobile, AL leans toward a buyer's market.

Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 64 days on market and 19% of listings with a price cut in the typical Mobile ZIP code, and 310 new listings against 886 active listings across Mobile, as of September 2026 (Realtor.com).

The outlook

Mobile housing market forecast 2027

+0.5%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 16 Mobile ZIP codes, points to typical home values rising 0.5% by September 2027.

Over the 12 months through September 2026, typical home values in Mobile fell 2.1%, per the Zillow Home Value Index.

Will home prices drop in Mobile?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Mobile shows typical home values rising 0.5% by September 2027, after a 2.1% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 16 Mobile ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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The markets

Which Mobile ZIP codes have the highest home values?

Local pros

Who are the top real estate agents in Mobile?

Top real estate agents in Mobile, AL

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Common questions

Questions about Mobile, AL home prices.

What is a typical home value in Mobile, Alabama?

As of August 2026, the typical home value in Mobile is $157,314, down 2.3% over the past year.

How many homes are for sale in Mobile?

As of September 2026, there are 886 homes on the market, with 310 new listings added that month.

How long do homes typically spend on the market in Mobile?

The median time on market in Mobile is 64 days as of September 2026. Additionally, 19.3% of listings have seen a price reduction, which is relatively high.

Are home prices going up or down in Mobile, AL?

Typical home values in Mobile, AL are down 2.1% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Mobile, AL a buyer's or seller's market?

Mobile, AL leans toward a buyer's market. Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 64 days on market and 19% of listings with a price cut in the typical Mobile ZIP code, and 310 new listings against 886 active listings across Mobile, as of September 2026 (Realtor.com).

Nearby markets

More Alabama housing markets.

The market is moving

Latest housing news

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