Market Intelligence · AL / Mobile

Mobile, AL 36602 Housing Market

The typical home value in Mobile, AL 36602 is $334,207, down 3.8% over the past year. The median list price sits at $333,000, with homes staying on market for a median of 141 days.

Updated August 2026Median value$334K

The median home value in Mobile, AL 36602 is $334K as of August 2026, down 3.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 36602 range

$307K to $361K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-3.8% over 12 months

Typical home value in 36602 over the last 12 months: $348K in Jul 2025 to $334K in Jul 2026 (-3.8%).

Jul 2025$348K

Jul 2026$334K

The numbers

What is the 36602 housing market like?

Typical home value

$334K

Down3.8%YoY

Median list price

$334K

Up0.3%MoM

Days on market

139

Down1.4%MoM

Homes for sale

7

Flat0.0%MoM

Price cuts

0.0%

Down100.0%MoM

New listings

0

Sources · Zillow ZHVI (July 2026) / Realtor.com (August 2026) / FRED (August 2026)

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The comparison

How do 36602 home prices compare?

  • 36602$334,207
  • Mobile$159,557
  • Alabama$202,644
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Mobile: 16 ZIPs; Alabama: 510 ZIPs; United States: 26,266 ZIPs).

Context

Mobile's 36602 ZIP code is showing signs of a slower market. There are 7 homes for sale as of July 1, 2026, with no new listings recorded in that period. The median days on market of 141 indicates homes are taking several months to find buyers. Additionally, 25.0% of listings have seen price cuts. For sellers, this combination of declining home values, long selling timelines, and active price adjustments suggests pricing realistically and being prepared for a patient sale.

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