Theodore Housing Market Report January 2025•Mobile County, Alabama

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Housing Prices in Theodore, AL

How much do homes in Theodore, AL cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$244,900$137/SqFt
-$4,600
-1.8%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Theodore has decreased by 1.8% since last year.

Summary: The median home list price in Theodore was $244,900 in January 2025, down 1.8% from the previous year, and the median price per square foot was $137.

Median List Price By Cities

Median List 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
Mobile
+8.5%
Grand Bay
+5.4%
Coden
+1.8%
Theodore
-1.8%

Median List Price By Bedrooms

Median List 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$325K-
N/A
2$499.9K$168.4K
-66.3%
3$204.9K$213K
+4.0%
4$332.5K$280.1K
-15.8%
5$1.1M$530K
-54.9%

Summary: Theodore housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -66.3%. The home price for 3 bedroom homes increased by +4.0%. The home price for 4 bedroom homes decreased by -15.8%. The home price for 5 bedroom homes decreased by -54.9%.

Housing supply in Theodore, AL

How many homes are available in Theodore, 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
128Last MonthJan 2025
842 months agoDec 2024
+52.4 %
Change MoMDec – Jan

Summary: The Theodore real estate market had 128 homes for sale in Jan 2025, a 52.4 % increase compared to Dec 2024.

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
100
0.0%
247
+75.0%
33864
+68.4%
43548
+37.1%
579
+28.6%

Summary: Theodore housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +75.0%. The inventory for 3 bedroom homes increased by +68.4%. The inventory for 4 bedroom homes increased by +37.1%. The inventory for 5 bedroom homes increased by +28.6%.

Asking Price vs. Sold Price

How much do homes in Theodore, 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 Price0 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Theodore, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Theodore in January 2025, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and and 33% were sold over asking.

Days on Market for Theodore, AL

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

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
102 DaysThis YearJan 2025
147 Days1 year agoJan 2024
-30.5 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Theodore had an average listing age of 102 days in Jan 2025, down by 30.5% compared to the previous year.

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Newest Listings in Theodore, AL

What homes are available in Theodore, AL?

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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: 2/22/2025, 7:20:51 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: 2/22/2025, 7:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.