Home Values

Mobile County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$99,300

  • 3.9% 1-year change
  • 2.8% 1-year forecast

The median home value in Mobile County is $99,300. Mobile County home values have gone up 3.9% over the past year and Zillow predicts they will rise 2.8% within the next year. The median list price per square foot in Mobile County is $83, which is the same as the Mobile Metro average of $83. The median price of homes currently listed in Mobile County is $144,500 while the median price of homes that sold is $114,752. The median rent price in Mobile County is $795, which is the same as the Mobile Metro median of $795.

Foreclosures will be a factor impacting home values in the next several years. In Mobile County 12.5 homes are foreclosed (per 10,000). This is the same as the Mobile Metro value of 12.5 and also greater than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Mobile County is 4.7%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Mobile County homeowners underwater on their mortgage is 24.2%, which is the same as Mobile Metro at 24.2%.

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Relative ZHVI
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Mobile County Market Overview

Data through Dec 31, 2014
  • $99,300 ZHVI
  • 2.8% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Dec 31, 2015)
  • $144,500 Median listing price
  • $114,752 Median sale price
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Mobile County Market Health

Data through Dec 31, 2014
  • 0.4/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 125 Average days on Zillow (Nov 30, 2014)
  • 24.2% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.7% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

12.5 homes Mobile County
12.5 homes Mobile Metro
4 homes United States
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Cities in Mobile County

Name Median ZHVI
Satsuma $128,800
Chunchula $123,900
Semmes $122,600
Name Median ZHVI
Wilmer $116,900
Saraland $107,200
Mobile $100,200
Name Median ZHVI
Eight Mile $94,200
Chickasaw $58,000
Prichard $40,800

Listings & Sales

Data through Dec 31, 2014
  • $83 Median list price / sq ft
  • $70 Median sale price / sq ft
  • 8.7% Listings with price cut
29.3%
Sold below listing
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Mobile County Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $898 Mobile County
    $898 Mobile Metro
    $1,345 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $795 Rent list price
  • $0.64 Rent list price / sq ft
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