Midtown West, Mobile, AL—36606
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Midtown West, Mobile, AL
As of Oct '25, the median home price in Midtown West, Mobile, AL is $140,000, with a year-over-year change of -7.2%. This indicates that home prices in Midtown West, Mobile, AL are decreasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $140,000 | -7.2% |
| Single Family | $139,000 | -7.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $121,000 | -9.0% |
3 Bed | $154,000 | -5.5% |
4 Bed | $214,000 | -1.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Midtown West, Mobile, AL
As of July '25, Rentcast reports the average rent in Midtown West, Mobile, AL is $1,220, with a year-over-year rent change of -2.4%. Per bedroom, the median rent as of July '25 in Midtown West, Mobile, AL is 1-bedrooms: $1,020, 2-bedrooms: $1,090, 3-bedrooms: $1,440, 4-bedrooms: $2,000. The most common rental property sizes in Midtown West, Mobile, AL are 2-bedroom and 3-bedroom, accounting for 48.8% and 28.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,220 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $875 | $1,020 |
| 2 Bed Rent | $1,050 | $1,090 |
| 3 Bed Rent | $1,250 | $1,440 |
| 4 Bed Rent | $2,000 | $2,000 |
% of Rental Stock
Property Listings — Midtown West, Mobile, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Midtown West, Mobile, AL is 64. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $178,000 | -3.0% |
Listing Count | 117 | 33.0% |
| Listings as % of Homes | 0.6% | 33.0% |
Days on Market | 64 | -6.0% |
Demographics — Midtown West, Mobile, AL
As of the latest ACS Survey released in 2023, Midtown West, Mobile, AL has a population of 19,200, which has increased by 1.6% over the past 5 years. Midtown West, Mobile, AL is a popular place for families, as children make up 25.4% of the population. The area has a moderately educated workforce, with 29.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,200 | 1.6% |
% Under 18 | 25.4% | 4.5% |
% Seniors | 11.3% | -6.6% |
% WFH | 6.0% | 328.6% |
% w/ College Degree | 29.2% | 5.4% |
As of the latest ACS Survey released in 2023, Midtown West, Mobile, AL is a predominantly black area, with 56.1% of the population identifying as black. The black population has grown by 13.6% in the last 5 years. The second most common race or ethnicity in Midtown West, Mobile, AL is white, making up 36.9% of the population. Foreign-born residents account for 3.4% of the population in Midtown West, Mobile, AL, and this percentage has increased by 17.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 36.9% | -17.3% |
% Black | 56.1% | 13.6% |
% Hispanic | 4.3% | 48.3% |
% Asian | 0.9% | -47.1% |
% Foreign Born | 3.4% | 17.2% |
Mortgage and Risk — Midtown West, Mobile, AL
According to HUD data as of 2023, there were 265 mortgage originations in Midtown West, Mobile, AL, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Midtown West, Mobile, AL. Investor activity is low, as 8.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 265 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Midtown West, Mobile, AL
As of 2024, the percent of homes in Midtown West, Mobile, AL under the Section 8 program is 26.8%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Midtown West, Mobile, AL, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,130 |
Total Units Section 8 | 1,129 |
% Rentals under Section 8 | 26.8% |
% Occupied Section 8 | 88.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $15 | $875 | $890 |
| 2 Bedroom | $20 | $1,050 | $1,070 |
| 3 Bedroom | $160 | $1,250 | $1,410 |
| 4 Bedroom | -$570 | $2,000 | $1,430 |
Affordability — Midtown West, Mobile, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $140,000 |
| Median Household Income | $49,600 |