The housing market in Mobile, AL County is booming, with a median value of $169,700 - significantly lower than the US median value of $338,100. The house appreciation rate over the last year has been an impressive 13.36%, almost 5% higher than the national average of 8.27%. This strong growth indicates that people are eager to purchase and invest in houses within this area, making it an attractive location for potential homeowners.
The median home cost in Mobile County is $169,700. Home appreciation the last 10 years has been 76.9%. Home Appreciation in Mobile County is up 13.9%.
Average Age of Homes
- The median age of Mobile County real estate is 39 years old
The Rental Market in Mobile County
- Renters make up 28.5% of the Mobile County population
- 2.0% of houses and apartments in Mobile County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.