Home Values

36618 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

$84,800

  • 4.3% 1-year change
  • 2.6% 1-year forecast

The median home value in 36618 is $84,800. 36618 home values have gone up 4.3% over the past year and Zillow predicts they will rise 2.6% within the next year. The median list price per square foot in 36618 is None. The median rent price in 36618 is $825, which is higher than the Mobile median of $800.

Foreclosures will be a factor impacting home values in the next several years. In 36618 12.5 homes are foreclosed (per 10,000). This is greater than the Mobile value of 10.7 and also greater than the national value of 3.0

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 36618 homeowners underwater on their mortgage is 32.0%, which is higher than Mobile at 26.7%.

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Relative ZHVI
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36618 Market Overview

Data through Mar 31, 2015
  • $84,800 ZHVI
  • 2.6% 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
    (Mar 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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36618 Market Health

Data through Mar 31, 2015
  • 1.7/10 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
  • 32.0% 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)

12.5 homes 36618
10.7 homes Mobile
3 homes United States
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Nearby Zip Codes

Name Median ZHVI
36693 $121,100
36575 $114,200
36609 $103,400
Name Median ZHVI
36613 $76,600
36606 $68,600
36611 $56,000
Name Median ZHVI
36607 $53,600
36612 $41,200
36617 $39,300

Listings & Sales

  • No data
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36618 Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $873 36618
    $904 Mobile
    $1,362 United States

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

  • 1.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $825 Rent list price
  • $0.58 Rent list price / sq ft
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