Market Intelligence · AL / Mobile

Mobile, AL 36602 Housing Market

The typical home value in Mobile, AL 36602 is $328,784, down 3.4% over the past year. The median list price sits at $315,000, with homes spending a median of 112 days on market as of September 2026.

Updated September 2026Median value$329K

The median home value in Mobile, AL 36602 is $329K as of September 2026, down 3.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 36602 range

$302K to $355K

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

-3.4% over 12 months

Sep 2025$340K

Low $327KHigh $340K

Sep 2026$329K

The numbers

What is the 36602 housing market like?

As of September 2026

Typical home value

$329K

3.4%YoY

Median list price

$315K

5.7%MoM

Days on market

112

19.4%MoM

Homes for sale

28.6%MoM

Price cuts

0.0%

New listings

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

The outlook

36602 housing market forecast 2027

+0.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 36602 to stay roughly flat by September 2027 (up 0.4%).

Over the 12 months through September 2026, typical home values in 36602 fell 3.4%, per the Zillow Home Value Index.

Will home prices drop in 36602?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 36602 to stay roughly flat by September 2027 (up 0.4%), after a 3.4% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 36602 home prices compare?

36602$328,784
Mobile$156,484
Alabama$199,540
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Mobile: 16 ZIPs; Alabama: 510 ZIPs; United States: 26,262 ZIPs).

Context

Mobile 36602 is a thin market right now. Only 5 homes are for sale, with just 2 new listings in September 2026. The median asking price of $315,000 is running below the typical home value, and properties are taking roughly four months to sell. No listings have seen price cuts, which suggests owners are holding firm on their initial asking prices even as the year-over-year value decline signals softening demand. For a homeowner considering a sale, this combination of fewer buyers, longer sale timelines, and falling values means pricing aggressively and being ready to negotiate.

Monthly payment

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Down payment20% · $65,757

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Common questions

What people ask us.

What is the typical home value in 36602?

As of September 2026, the typical home value in Mobile 36602 is $328,784, down 3.4% over the past year.

How long do homes typically stay on the market in 36602?

The median days on market is 112 as of September 2026.

How many homes are currently for sale in 36602?

As of September 2026, there are 5 homes for sale, with 2 new listings.

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