East Mobile, Mobile, AL—36607
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East Mobile, Mobile, AL
As of Oct '25, the median home price in East Mobile, Mobile, AL is $119,000, with a year-over-year change of -9.8%. This indicates that home prices in East Mobile, Mobile, AL are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $119,000 | -9.8% |
| Single Family | $116,000 | -12.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $96,000 | -5.0% |
3 Bed | $136,000 | -8.7% |
4 Bed | $319,000 | 2.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — East Mobile, Mobile, AL
As of July '25, Rentcast reports the average rent in East Mobile, Mobile, AL is $1,440, with a year-over-year rent change of 24.1%. Per bedroom, the median rent as of July '25 in East Mobile, Mobile, AL is 1-bedrooms: $1,200, 2-bedrooms: $1,110, 3-bedrooms: $1,610, 4-bedrooms: $1,670. The most common rental property sizes in East Mobile, Mobile, AL are 2-bedroom and 3-bedroom, accounting for 45.6% and 27.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,440 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $1,200 |
| 2 Bed Rent | $1,200 | $1,110 |
| 3 Bed Rent | $1,800 | $1,610 |
| 4 Bed Rent | $1,750 | $1,670 |
% of Rental Stock
Property Listings — East Mobile, Mobile, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in East Mobile, Mobile, AL is 84. This is a increase of 8.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $214,000 | 20.0% |
Listing Count | 27 | 17.0% |
| Listings as % of Homes | 0.5% | 17.0% |
Days on Market | 84 | 8.0% |
Demographics — East Mobile, Mobile, AL
As of the latest ACS Survey released in 2023, East Mobile, Mobile, AL has a population of 5,530, which has decreased by -11.8% over the past 5 years. East Mobile, Mobile, AL is a less popular place for families, as children make up 14.6% of the population. The area has a moderately educated workforce, with 31.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,530 | -11.8% |
% Under 18 | 14.6% | -18.9% |
% Seniors | 24.7% | 27.3% |
% WFH | 5.7% | 235.3% |
% w/ College Degree | 31.4% | 10.2% |
As of the latest ACS Survey released in 2023, East Mobile, Mobile, AL is a predominantly black area, with 56.3% of the population identifying as black. The black population has shrunk by 8.6% in the last 5 years. The second most common race or ethnicity in East Mobile, Mobile, AL is white, making up 39.5% of the population. Foreign-born residents account for 0.9% of the population in East Mobile, Mobile, AL, and this percentage has decreased by 25.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 39.5% | 8.5% |
% Black | 56.3% | -8.6% |
% Hispanic | 0.7% | -36.4% |
% Asian | 0.4% | 100.0% |
% Foreign Born | 0.9% | -25.0% |
Mortgage and Risk — East Mobile, Mobile, AL
According to HUD data as of 2023, there were 65 mortgage originations in East Mobile, Mobile, AL, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in East Mobile, 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 | 65 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 8.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — East Mobile, Mobile, AL
As of 2024, the percent of homes in East Mobile, Mobile, AL under the Section 8 program is 18.3%. 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 units appear to be good home sizes to consider for Section 8 housing in East Mobile, Mobile, AL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 667 |
Total Units Section 8 | 201 |
% Rentals under Section 8 | 18.3% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $800 | $870 |
| 2 Bedroom | -$150 | $1,200 | $1,050 |
| 3 Bedroom | -$420 | $1,800 | $1,380 |
| 4 Bedroom | -$340 | $1,750 | $1,410 |
Affordability — East Mobile, Mobile, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $119,000 |
| Median Household Income | $40,700 |