Metropolitan market · Alabama · June 2026 data

Mobile Real Estate Market

The Mobile, AL housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Mobile report in a click.

Median listing price
$274,999
▼ 0.7% YoY
Median $ / sq ft
$151
1,820 sq ft median
Median days on market
70
June 2026
Active listings
1,309
For sale now
New listings
462
June 2026
Listings with price cuts
19%
Share of active
Median sale price (closed)
$245,000
▲ 4.3% YoY · closed sales
Sale-to-list ratio
97.2%
Closed sales
Homes sold / month
414
Closed sales
Median listing price trend
$277K$273K$269K$264K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Mobile AL · trailing 8 quarters · source: public records and industry data.

The 10-year view
$277K$249K$221K$193K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Mobile AL · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
1,309
New this month
462
Pending
698
Price-reduced
248

As of June 2026, the median home listed in Mobile, AL asks $274,999 — down 0.7% from a year ago. Homes are taking a median of 70 days to go under contract, and 19% of the 1,309 active listings have taken a price cut, which points to a balanced market. Figures cover the Mobile, AL metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
55/100
#351 of 932 covered metros
12-month outlook
+0.1%
Flat · model output, not advice
Price volatility
Medium
σ 5.9% · 20-yr price-index swings
Momentum
49
Value
56
Rental yield
77
Supply risk
51
Market heat
41

Mobile scores 55/100 on our composite Investor Score (#351 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 45% over five years and +93% over ten, leaving prices 54% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,083/mo for a two-bedroom, the gross rental yield on the median listing is about 4.7%; active inventory sits at 86% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 0.7% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Mobile ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,239/mo
−$141/mo vs today
At today's rate · 6.43%
$1,380/mo
National weekly average
If rates rise 1% · 7.43%
$1,528/mo
+$147/mo vs today

Principal & interest on the $274,999 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
1,106
▼ 34.1% vs 2024
2.7 per 1,000 residents
Net migration (2022–2023)
-777
▼ people, via tax-return records
net income flow −$34.5M/yr
Job growth (YoY)
+0.2%
▲ 189.7k nonfarm jobs · May 2026
Natural-hazard risk
Relatively High
National hazard index · top hazard: Hurricane

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Mobile market FAQs

What is the median home price in Mobile?
As of June 2026, the median listing price in Mobile, AL is $274,999, down 0.7% year over year (source: public records and industry data). Figures cover the Mobile, AL metro area.
How fast are homes selling in Mobile?
The median property in Mobile spends 70 days on the market, with 1,309 homes actively listed and 19% of them carrying a price cut — a balanced market by pace.
Who are the top real estate agents in Mobile?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Mobile and the wider Alabama market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Mobile, AL metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.