Southwest Mobile, Mobile, AL—36619
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Southwest Mobile, Mobile, AL
As of Oct '25, the median home price in Southwest Mobile, Mobile, AL is $210,000, with a year-over-year change of -2.2%. This indicates that home prices in Southwest Mobile, Mobile, AL are decreasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $210,000 | -2.2% |
| Single Family | $210,000 | -2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $191,000 | -3.0% |
4 Bed | $313,000 | 0.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Southwest Mobile, Mobile, AL
As of July '25, Rentcast reports the average rent in Southwest Mobile, Mobile, AL is $1,550, with a year-over-year rent change of 7.6%. Per bedroom, the median rent as of July '25 in Southwest Mobile, Mobile, AL is 2-bedrooms: $1,100, 3-bedrooms: $1,590, 4-bedrooms: $1,570. The most common rental property sizes in Southwest Mobile, Mobile, AL are 3-bedroom and 2-bedroom, accounting for 42.1% and 37.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,550 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,100 | $1,100 |
| 3 Bed Rent | $1,500 | $1,590 |
| 4 Bed Rent | $1,750 | $1,570 |
% of Rental Stock
Property Listings — Southwest Mobile, Mobile, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Southwest Mobile, Mobile, AL is 63. This is a increase of 38.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $268,000 | 8.0% |
Listing Count | 100 | 44.0% |
| Listings as % of Homes | 0.3% | 44.0% |
Days on Market | 63 | 38.0% |
Demographics — Southwest Mobile, Mobile, AL
As of the latest ACS Survey released in 2023, Southwest Mobile, Mobile, AL has a population of 14,600, which has decreased by -5.7% over the past 5 years. Southwest Mobile, Mobile, AL is a moderately popular place for families, as children make up 20.6% of the population. The area has a poorly educated workforce, with 19.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,600 | -5.7% |
% Under 18 | 20.6% | -14.2% |
% Seniors | 18.1% | -5.2% |
% WFH | 6.1% | -14.1% |
% w/ College Degree | 19.8% | 6.5% |
As of the latest ACS Survey released in 2023, Southwest Mobile, Mobile, AL is a predominantly white area, with 73.7% of the population identifying as white. The white population has grown by 1.4% in the last 5 years. The second most common race or ethnicity in Southwest Mobile, Mobile, AL is black, making up 10.6% of the population. Foreign-born residents account for 4.5% of the population in Southwest Mobile, Mobile, AL, and this percentage has decreased by 46.4% 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 | 73.7% | 1.4% |
% Black | 10.6% | 16.5% |
% Hispanic | 5.7% | -50.9% |
% Asian | 5.7% | 23.9% |
% Foreign Born | 4.5% | -46.4% |
Mortgage and Risk — Southwest Mobile, Mobile, AL
According to HUD data as of 2023, there were 255 mortgage originations in Southwest Mobile, Mobile, AL, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Southwest Mobile, Mobile, AL. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 255 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Southwest Mobile, Mobile, AL
Southwest Mobile, Mobile, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 121 |
Total Units Section 8 | 121 |
% Rentals under Section 8 | 8.3% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $930 |
| 2 Bedroom | $20 | $1,100 | $1,120 |
| 3 Bedroom | -$30 | $1,500 | $1,470 |
| 4 Bedroom | -$250 | $1,750 | $1,500 |
Affordability — Southwest Mobile, Mobile, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $210,000 |
| Median Household Income | $60,900 |