Downtown, Mobile, AL—36602
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$336,000
4.4% YoY Growth
Household Income
$35,000
46.1% YoY Growth
Days on Market
123
16.0% Longer YoY
Home Price Forecast
0.5%
Median Rent
$1,550
5.8% YoY Growth
1-Bed Rent
$1,550
5.2% YoY Growth
2-Bed Rent
$1,450
26.2% YoY Growth
3-Bed Rent
N/A
N/A
Home Price Trends — Downtown, Mobile, AL
As of May '26, the median home price in Downtown, Mobile, AL is $336,000, with a year-over-year change of -4.4%. This indicates that home prices in Downtown, Mobile, AL are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $336,000 | -4.4% |
| Single Family | $362,000 | -5.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |