Mobile Housing Market Report January 2025•Mobile County, Alabama

hero building illustration for mobile

Housing Prices in Mobile, AL

How much do homes in Mobile, AL cost?

Housing Market Conditions

Is Mobile, 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

Mobile is a Buyer's Market

Difference Since January 2024

At the same time last year, Mobile was a Seller's Market.

Insight

Mobile 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.
$249,180$136/SqFt
+$16,513
+7.1%

Based on all homes sold in the last 12 months

Insight

Homes in Mobile have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Mobile was $249,180 in January 2025, up 7.1% from last year, and the median price per square foot was $136.

Median Sold Price By Cities

Median Sold Price By Cities
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
Tanner Williams
+8.3%
Mobile
+7.1%
Chickasaw
-28.9%

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.
BedsJan 2024Jan 2025Change YoY
1$105K$140K
+33.3%
2$151K$168.9K
+11.9%
3$209.9K$218K
+3.8%
4$318K$321.5K
+1.1%
5$440K$520K
+18.2%

Summary: Mobile housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +33.3%. The home price for 2 bedroom homes increased by +11.9%. The home price for 3 bedroom homes increased by +3.8%. The home price for 4 bedroom homes increased by +1.1%. The home price for 5 bedroom homes increased by +18.2%.

Housing supply in Mobile, AL

How many homes are available in Mobile, 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
1,163Last MonthJan 2025
9292 months agoDec 2024
+25.2 %
Change MoMDec – Jan

Summary: The Mobile real estate market had 1,163 homes for sale in Jan 2025, a 25.2 % increase compared to Dec 2024.

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
61Last MonthJan 2025
622 months agoDec 2024
-1.6 %
Change MoMDec – Jan

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.
BedsDec 2024Jan 2025Change MoM
11523
+53.3%
294114
+21.3%
3449564
+25.6%
4307375
+22.1%
56487
+35.9%

Summary: Mobile housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +53.3%. The inventory for 2 bedroom homes increased by +21.3%. The inventory for 3 bedroom homes increased by +25.6%. The inventory for 4 bedroom homes increased by +22.1%. The inventory for 5 bedroom homes increased by +35.9%.

Asking Price vs. Sold Price

How much do homes in Mobile, 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 Price9 Homes

At Asking Price13 Homes

Under Asking Price33 Homes

Insight

If you're buying a home in Mobile, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 61 homes were sold or pending in Mobile in January 2025, down by 1.6% month-over-month. Of the 55 sold homes, 60% were sold under asking, 24% were sold at asking, and and 16% were sold over asking.

Days on Market for Mobile, AL

How long does it take to sell a home in Mobile, AL?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Mobile has remained consistent over time.

Summary: During January 2025, 61 homes were sold in Mobile; 0% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
58 DaysThis YearJan 2025
0 Days1 year agoJan 2024
0.0 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Mobile had an average listing age of 58 days in Jan 2025, down by .0% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Mobile, AL

What homes are available in Mobile, AL?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in Alabama

MLS Disclaimers and Copyright

Based on information from Gulf Coast Multiple Listing Service, and Baldwin County MLS Inc. for the period 02/01/2023 - 02/01/2025

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: 2/20/2025, 7:20:51 PM 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: 2/20/2025, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.