Home Values

36605 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

$54,200

  • -0.9% 1-year change
  • 1.4% 1-year forecast

The median home value in 36605 is $54,200. 36605 home values have declined -0.9% over the past year and Zillow predicts they will rise 1.4% within the next year. The median list price per square foot in 36605 is None. The median rent price in 36605 is $750, which is lower than the Mobile median of $800.

Foreclosures will be a factor impacting home values in the next several years. In 36605 17.6 homes are foreclosed (per 10,000). This is greater than the Mobile value of 11.4 and also greater than the national value of 3.9

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 36605 homeowners underwater on their mortgage is 27.3%, which is higher than Mobile at 26.7%.

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Relative ZHVI
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36605 Market Overview

Data through Apr 30, 2015
  • $54,200 ZHVI
  • 1.4% 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
    (Apr 30, 2016)
  • No data Median listing price
  • $35,967 Median sale price
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36605 Market Health

Data through Apr 30, 2015
  • 0.8/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 27.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

17.6 homes 36605
11.4 homes Mobile
3.9 homes United States
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Nearby Zip Codes

Name Median ZHVI
36693 $121,100
36609 $103,400
36604 $98,000
Name Median ZHVI
36606 $68,600
36607 $53,600
36603 $42,700

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $40 Median sale price / sq ft
  • No data Listings with price cut
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36605 Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $740 36605
    $912 Mobile
    $1,364 United States

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

  • 1.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $750 Rent list price
  • $0.65 Rent list price / sq ft
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