Tillmans Corner, Mobile, AL—36609
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tillmans Corner, Mobile, AL
As of Oct '25, the median home price in Tillmans Corner, Mobile, AL is $203,000, with a year-over-year change of -1.1%. This indicates that home prices in Tillmans Corner, 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 | $203,000 | -1.1% |
| Single Family | $206,000 | -1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $148,000 | 1.4% |
3 Bed | $192,000 | -1.5% |
4 Bed | $277,000 | 0.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Tillmans Corner, Mobile, AL
As of July '25, Rentcast reports the average rent in Tillmans Corner, Mobile, AL is $1,440, with a year-over-year rent change of -12.2%. Per bedroom, the median rent as of July '25 in Tillmans Corner, Mobile, AL is studios: $1,310, 1-bedrooms: $856, 2-bedrooms: $1,210, 3-bedrooms: $1,580, 4-bedrooms: $1,720. The most common rental property sizes in Tillmans Corner, Mobile, AL are 2-bedroom and 1-bedroom, accounting for 40.3% and 27.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,440 |
| Studio Rent | $1,560 | $1,310 |
| 1 Bed Rent | $818 | $856 |
| 2 Bed Rent | $1,100 | $1,210 |
| 3 Bed Rent | $1,550 | $1,580 |
| 4 Bed Rent | $1,600 | $1,720 |
% of Rental Stock
Property Listings — Tillmans Corner, Mobile, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Tillmans Corner, Mobile, AL is 70. This is a increase of 6.0% 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 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 | $260,000 | 6.0% |
Listing Count | 99 | 27.0% |
| Listings as % of Homes | 0.3% | 27.0% |
Days on Market | 70 | 6.0% |
Demographics — Tillmans Corner, Mobile, AL
As of the latest ACS Survey released in 2023, Tillmans Corner, Mobile, AL has a population of 24,100, which has remained stable by -0.8% over the past 5 years. Tillmans Corner, Mobile, AL is a moderately popular place for families, as children make up 20.0% of the population. The area has a moderately educated workforce, with 33.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,100 | -0.8% |
% Under 18 | 20.0% | -8.7% |
% Seniors | 16.2% | 1.2% |
% WFH | 5.8% | 18.4% |
% w/ College Degree | 33.6% | 10.2% |
As of the latest ACS Survey released in 2023, Tillmans Corner, Mobile, AL is a predominantly black area, with 45.1% of the population identifying as black. The black population has grown by 18.7% in the last 5 years. The second most common race or ethnicity in Tillmans Corner, Mobile, AL is white, making up 41.8% of the population. Foreign-born residents account for 6.1% of the population in Tillmans Corner, Mobile, AL, and this percentage has increased by 1.7% 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 | 41.8% | -16.7% |
% Black | 45.1% | 18.7% |
% Hispanic | 4.6% | -6.1% |
% Asian | 4.5% | 7.1% |
% Foreign Born | 6.1% | 1.7% |
Mortgage and Risk — Tillmans Corner, Mobile, AL
According to HUD data as of 2023, there were 309 mortgage originations in Tillmans Corner, Mobile, AL, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Tillmans Corner, Mobile, AL. Investor activity is low, as 3.0% 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 | 309 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Tillmans Corner, Mobile, AL
As of 2024, the percent of homes in Tillmans Corner, Mobile, AL under the Section 8 program is 12.2%. 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 Tillmans Corner, 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 | 779 |
Total Units Section 8 | 751 |
% Rentals under Section 8 | 12.2% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $62 | $818 | $880 |
| 2 Bedroom | -$40 | $1,100 | $1,060 |
| 3 Bedroom | -$150 | $1,550 | $1,400 |
| 4 Bedroom | -$180 | $1,600 | $1,420 |
Affordability — Tillmans Corner, Mobile, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $203,000 |
| Median Household Income | $49,700 |