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Mobile-Airport Area, Mobile, AL—36695

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$281,000
0.3% YoY Growth
Household Income
$75,200
8.0% YoY Growth
Days on Market
52
3.0% Shorter YoY
Home Price Forecast
0.0%
Median Rent
$1,750
1.6% YoY Growth
1-Bed Rent
$1,020
43.4% YoY Growth
2-Bed Rent
$1,300
N/A
3-Bed Rent
$1,750
8.0% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Mobile-Airport Area, Mobile, AL

As of May '26, the median home price in Mobile-Airport Area, Mobile, AL is $281,000, with a year-over-year change of 0.3%. This indicates that home prices in Mobile-Airport Area, Mobile, AL are flat. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$281,0000.3%
Single Family $281,0000.4%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$185,0001.1%
    3 Bed
    		$237,000-0.4%
    4 Bed
    		$338,0000.6%
    5 Bed $425,0170.9%
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    % of Housing Stock

    Studio
    0.5%
    1 Bedroom
    7.3%
    2 Bedrooms
    16.3%
    3 Bedrooms
    43.7%
    4 Bedrooms
    28.5%
    5+ Bedrooms
    3.7%

    Rental Trends — Mobile-Airport Area, Mobile, AL

    As of July '25, Rentcast reports the average rent in Mobile-Airport Area, Mobile, AL is $1,810, with a year-over-year rent change of -1.6%. Per bedroom, the median rent as of July '25 in Mobile-Airport Area, Mobile, AL is 1-bedrooms: $1,080, 2-bedrooms: $1,340, 3-bedrooms: $1,760, 4-bedrooms: $2,390. The most common rental property sizes in Mobile-Airport Area, Mobile, AL are 2-bedroom and 3-bedroom, accounting for 42.6% and 30.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,750$1,810
    Studio Rent N/AN/A
    1 Bed Rent $1,020$1,080
    2 Bed Rent $1,300$1,340
    3 Bed Rent $1,750$1,760
    4 Bed Rent $2,400$2,390
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    % of Rental Stock

    Studio
    1.8%
    1 Bedroom
    21.0%
    2 Bedrooms
    42.6%
    3 Bedrooms
    30.9%
    4 Bedrooms
    2.6%
    5+ Bedrooms
    1.1%

    Property Listings — Mobile-Airport Area, Mobile, AL

    As of May '26, Realtor.com reports that the median days on market for a home in Mobile-Airport Area, Mobile, AL is 52. This is a decrease of -3.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$300,0004.0%
    Listing Count
    		32549.0%
    Listings as % of Homes0.5%49.0%
    Days on Market
    		52-3.0%
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    Demographics — Mobile-Airport Area, Mobile, AL

    As of the latest ACS Survey released in 2023, Mobile-Airport Area, Mobile, AL has a population of 52,900, which has increased by 3.6% over the past 5 years. Mobile-Airport Area, Mobile, AL is a popular place for families, as children make up 26.6% of the population. The area has a moderately educated workforce, with 33.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		52,9003.6%
    % Under 18
    		26.6%6.4%
    % Seniors
    		14.6%12.3%
    % WFH
    		11.6%169.8%
    % w/ College Degree
    		33.5%-11.1%
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    As of the latest ACS Survey released in 2023, Mobile-Airport Area, Mobile, AL is a predominantly white area, with 67.3% of the population identifying as white. The white population has shrunk by 5.5% in the last 5 years. The second most common race or ethnicity in Mobile-Airport Area, Mobile, AL is black, making up 22.8% of the population. Foreign-born residents account for 4.7% of the population in Mobile-Airport Area, Mobile, AL, and this percentage has decreased by 14.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		67.3%-5.5%
    % Black
    		22.8%9.6%
    % Hispanic
    		4.6%70.4%
    % Asian
    		2.6%-21.2%
    % Foreign Born
    		4.7%-14.5%
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    Mortgage and Risk — Mobile-Airport Area, Mobile, AL

    According to HUD data as of 2023, there were 1052 mortgage originations in Mobile-Airport Area, Mobile, AL, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Mobile-Airport Area, Mobile, AL. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		1,052
    % Conventional Loans
    		59.0%
    % Government Loans
    		41.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		11.0%
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    Rentals and Section 8 — Mobile-Airport Area, Mobile, AL

    As of 2024, the percent of homes in Mobile-Airport Area, Mobile, AL under the Section 8 program is 12.1%. This is considered low, suggesting that the neighborhood is sparsely 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 Mobile-Airport Area, 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
    		737
    Total Units Section 8
    		715
    % Rentals under Section 8
    		12.1%
    % Occupied Section 8
    		87.7%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$60$1,020$1,080
    2 Bedroom$0$1,300$1,300
    3 Bedroom-$40$1,750$1,710
    4 Bedroom-$660$2,400$1,740

    Affordability — Mobile-Airport Area, Mobile, AL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.6
    Median Home Price$281,000
    Median Household Income$75,200

    Mobile-Airport Area, Mobile, AL — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Midtown, Mobile, AL

    36608

    Southwest Mobile, Mobile, AL

    36619

    Wheelerville

    36688

    Tillmans Corner, Mobile, AL

    36609

    Mobile Bay Shores, Mobile, AL

    36693

    Frequently Asked Questions