The housing market in 36607 Mobile, AL is doing significantly better than the national average. The median value of housing in this area is $115,200, compared to the US House Median Value of $338,100. The US 1 year house appreciation was 8.27%, while in 36607 Mobile, AL it was 9.89%. This indicates that this area's housing market has seen an increase in value at a rate higher than the national average and could be an ideal place for potential homeowners to invest in.
The median home cost in Mobile (zip 36607) is $115,200. Home appreciation the last 10 years has been 67.7%. Home Appreciation in Mobile (zip 36607) is up 13.2%.
Average Age of Homes
- The median age of Mobile (zip 36607) real estate is 59 years old
The Rental Market in Mobile (zip 36607)
- Renters make up 38.6% of the Mobile (zip 36607) population
- 2.0% of houses and apartments in Mobile (zip 36607), 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.