36608 Housing Market Report February 2025•Mobile County, Alabama

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Housing Prices in 36608, AL

How much do homes in 36608, AL cost?

Housing Market Conditions

Is 36608, AL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

36608 is a Buyer's Market

Difference Since February 2024

At the same time last year, 36608 was a Neutral Market.

Insight

36608 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$312,000$160/SqFt
+$22,000
+7.6%

Based on all homes sold in the last 12 months

Insight

Homes in 36608 have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in 36608 was $312,000 in February 2025, up 7.6% from last year, and the median price per square foot was $160.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
36609
+13.7%
36608
+7.6%
36618
+3.2%
36575
-0.5%
36695
-0.9%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$105K$127.5K
+21.4%
2$176.5K$200.1K
+13.4%
3$238K$251.2K
+5.6%
4$355K$448K
+26.2%
5$646.5K$709.7K
+9.8%

Summary: 36608 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +21.4%. The home price for 2 bedroom homes increased by +13.4%. The home price for 3 bedroom homes increased by +5.6%. The home price for 4 bedroom homes increased by +26.2%. The home price for 5 bedroom homes increased by +9.8%.

Housing supply in 36608, AL

How many homes are available in 36608, AL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
193Last MonthFeb 2025
1602 months agoJan 2025
+20.6 %
Change MoMJan – Feb

Summary: The 36608 real estate market had 193 homes for sale in Feb 2025, a 20.6 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
9Last MonthFeb 2025
102 months agoJan 2025
-10.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
122
0.0%
22024
+20.0%
35268
+30.8%
46980
+15.9%
51719
+11.8%

Summary: 36608 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +20.0%. The inventory for 3 bedroom homes increased by +30.8%. The inventory for 4 bedroom homes increased by +15.9%. The inventory for 5 bedroom homes increased by +11.8%.

Asking Price vs. Sold Price

How much do homes in 36608, AL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price1 Home

Under Asking Price6 Homes

Insight

If you're buying a home in 36608, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 36608 in February 2025, down by 10.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and and 13% were sold over asking.

Days on Market for 36608, AL

We’re sorry, we don't have information for this market at the moment.

Home sale times aren’t available for this area.

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Newest Listings in 36608, AL

What homes are available in 36608, AL?

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MLS Disclaimers and Copyright

Based on information from Gulf Coast Multiple Listing Service, and Baldwin County MLS Inc. for the period 03/01/2023 - 03/01/2025

Information is provided by Gulf Coast Multiple Listing Service, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Gulf Coast Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listing information Copyright © 2025 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.