Home Values

Mobile 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

$99,900

  • 3.0% 1-year change
  • 2.3% 1-year forecast

The median home value in Mobile is $99,900. Mobile home values have gone up 3.0% over the past year and Zillow predicts they will rise 2.3% within the next year. The median list price per square foot in Mobile is $85, which is lower than the Mobile Metro average of $86. The median price of homes currently listed in Mobile is $154,900 while the median price of homes that sold is $114,750. The median rent price in Mobile is $750, which is the same as the Mobile Metro median of $750.

Foreclosures will be a factor impacting home values in the next several years. In Mobile 13.0 homes are foreclosed (per 10,000). This is greater than the Mobile Metro value of 12.0 and also greater than the national value of 4.2

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 is 4.8%, 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 homeowners underwater on their mortgage is 25.8%, which is higher than Mobile Metro at 24.2%.

Read more
Relative ZHVI
- +

Mobile Market Overview

Data through Nov 30, 2014
  • $99,900 ZHVI
  • 2.3% 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
    (Nov 30, 2015)
  • $154,900 Median listing price
  • $114,750 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Mobile Market Health

Data through Nov 30, 2014
  • 1.6/10 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.
  • No data Average days on Zillow
  • 25.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

13 homes Mobile
12 homes Mobile Metro
4.2 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Neighborhoods in Mobile

Name Median ZHVI
Overton $215,300
Second Creek $187,000
Thornhill $186,200
Name Median ZHVI
Sheldon $148,300
Berkleigh $140,900
Claremont $140,300
Name Median ZHVI
Reichlieu $136,200
Westhill $128,100
Malibar Heights $93,700

Listings & Sales

Data through Nov 30, 2014
  • $85 Median list price / sq ft
  • $72 Median sale price / sq ft
  • No data Listings with price cut
28.2%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Mobile Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $904 Mobile
    $896 Mobile Metro
    $1,342 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)
  • $750 Rent list price
  • $0.65 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading