Spring Hill, Mobile, AL—36603
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Spring Hill, Mobile, AL
As of Oct '25, the median home price in Spring Hill, Mobile, AL is $56,000, with a year-over-year change of -14.0%. This indicates that home prices in Spring Hill, Mobile, AL are decreasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $56,000 | -14.0% |
| Single Family | $56,000 | -12.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $40,000 | -16.7% |
3 Bed | $90,000 | -5.3% |
4 Bed | $107,000 | -5.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Spring Hill, Mobile, AL
As of July '25, Rentcast reports the average rent in Spring Hill, Mobile, AL is $1,550, with a year-over-year rent change of 22.0%. Per bedroom, the median rent as of July '25 in Spring Hill, Mobile, AL is 1-bedrooms: $1,150, 2-bedrooms: $1,500, 3-bedrooms: $1,670. The most common rental property sizes in Spring Hill, Mobile, AL are 1-bedroom and 2-bedroom, accounting for 38.5% and 33.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,550 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,150 | $1,150 |
| 2 Bed Rent | $800 | $1,500 |
| 3 Bed Rent | $1,300 | $1,670 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Spring Hill, Mobile, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Spring Hill, Mobile, AL is 77. This is a decrease of -13.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $251,000 | 57.0% |
Listing Count | 28 | 38.0% |
| Listings as % of Homes | 0.3% | 38.0% |
Days on Market | 77 | -13.0% |
Demographics — Spring Hill, Mobile, AL
As of the latest ACS Survey released in 2023, Spring Hill, Mobile, AL has a population of 7,800, which has decreased by -24.9% over the past 5 years. Spring Hill, Mobile, AL is a moderately popular place for families, as children make up 19.5% of the population. The area has a poorly educated workforce, with 11.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,800 | -24.9% |
% Under 18 | 19.5% | 26.6% |
% Seniors | 20.4% | 52.2% |
% WFH | 7.0% | 204.3% |
% w/ College Degree | 11.7% | 30.0% |
As of the latest ACS Survey released in 2023, Spring Hill, Mobile, AL is a predominantly black area, with 84.7% of the population identifying as black. The black population has grown by 5.9% in the last 5 years. The second most common race or ethnicity in Spring Hill, Mobile, AL is white, making up 12.5% of the population. Foreign-born residents account for 1.0% of the population in Spring Hill, Mobile, AL, and this percentage has increased by 100.0% 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 | 12.5% | -31.3% |
% Black | 84.7% | 5.9% |
% Hispanic | 1.0% | 25.0% |
% Asian | 0.1% | -50.0% |
% Foreign Born | 1.0% | 100.0% |
Mortgage and Risk — Spring Hill, Mobile, AL
According to HUD data as of 2023, there were 24 mortgage originations in Spring Hill, Mobile, AL, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Spring Hill, Mobile, AL. Investor activity is high, as 29.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 24 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 29.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Spring Hill, Mobile, AL
Spring Hill, Mobile, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1,100 |
Total Units Section 8 | 567 |
% Rentals under Section 8 | 27.5% |
% Occupied Section 8 | 85.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$340 | $1,150 | $810 |
| 2 Bedroom | $190 | $800 | $990 |
| 3 Bedroom | $10 | $1,300 | $1,310 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Spring Hill, Mobile, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $56,000 |
| Median Household Income | $27,100 |