The housing market in 36605 Mobile, AL is doing well with the median value being set at $84,400. This is significantly lower than the US House Median Value of $338,100, but the one-year house appreciation rate for this area is 9.89% which is higher than the national average of 8.27%. This suggests that investing in housing in this area could lead to some potential gains in the near future, making it an attractive option for those looking to purchase a home.
The median home cost in Mobile (zip 36605) is $84,400. Home appreciation the last 10 years has been 67.7%. Home Appreciation in Mobile (zip 36605) is up 13.2%.
Average Age of Homes
- The median age of Mobile (zip 36605) real estate is 52 years old
The Rental Market in Mobile (zip 36605)
- Renters make up 33.5% of the Mobile (zip 36605) population
- 1.0% of houses and apartments in Mobile (zip 36605), 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.